Economics

Further Statistics

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

This is a theoretical module where you'll examine:

  • sampling distributions
  • inference
  • joint distributions
  • maximum likelihood estimation
  • 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.