AI1175 Basic Statistics for Economists 7.5 credits

Course contents

• Examples of statistical applications in various economic issues
• Descriptive statistics, both visual (graphical) and numerical description
• Data Types
• Data sources, data collection and sampling methods
• Production of official statistics
• Probability
• Discrete and continuous probability distributions
• Statistical inference
• Point estimates, confidence intervals and hypothesis testing
• Statistics with Excel (and perhaps introduction to R).

Intended learning outcomes

After the course, students should have basic knowledge of commonly-used statistical concepts and methods, as economists in different industries apply. After completing the course students will for different circumstances be able to:

1. Identify appropriate statistical methods.
2. Perform calculations using computer software, in particular spreadsheet programs such as Excel.
3. Interpret, analyze and present results from statistical calculations.
4. Critical use own and others' statistical results.

Course disposition

No information inserted

Specific prerequisites

No prerequisites

Recommended prerequisites

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Equipment

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Literature

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If the course is discontinued, students may request to be examined during the following two academic years.

Grading scale

A, B, C, D, E, FX, F

Examination

• INL1 - Assignment, 3.5 credits, grading scale: P, F
• TEN1 - Written Exam, 4.0 credits, grading scale: A, B, C, D, E, FX, F

Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

The examiner may apply another examination format when re-examining individual students.

Opportunity to complete the requirements via supplementary examination

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Opportunity to raise an approved grade via renewed examination

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Examiner

Bertram Steininger

Ethical approach

• All members of a group are responsible for the group's work.
• In any assessment, every student shall honestly disclose any help received and sources used.
• In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.

Course web

Further information about the course can be found on the Course web at the link below. Information on the Course web will later be moved to this site.

Offered by

ABE/Real Estate Economics and Finance

Main field of study

Technology

Education cycle

First cycle

Add-on studies

No information inserted