Economics

Further Statistics

Module code: L1079
Level 6
15 credits in autumn teaching
Teaching method: Seminar, Lecture
Assessment modes: Unseen examination

This is a theory module that examines sampling distributions, inference, joint distributions, maximum likelihood estimation, and the classical testing principles relating to the likelihood ratio tests, wald and LM (or score) tests.

Module learning outcomes

  • Be able to use the power of abstraction to focus upon the essential features of an economic problem and to provide a systematic framework for the coherent and critical evaluation of the effects of policy or other exogenous events.
  • Have displayed a knowledge of sources and content of economic information and data, and appreciate their use in research
  • Have demonstrated the ability to carry out self-directed study and research, understand the limitations and be able to comment upon research outputs.
  • Have learnt to devise and sustain economic ideas, concepts and arguments using means of communication appropriate to the audience and the problem at issue.