Courses / Modules / ECON100X Principles of Statistics for Economics

Principles of Statistics for Economics

When you'll study it: Semester 2
CATS points: 15
ECTS points: 7.5
Level: Level 4
Module lead: Michael Hatcher
Academic year: 2026-27

Module overview

This module complements the economics modules taken by students in first and second year and is designed to prepare students for the applied economics module taken in the second year. It provides an introduction to probability and statistics, with reference to economics examples, and introduces students to regression analysis using models with a small number of explanatory variables.

Aims and Objectives

Learning Outcomes

Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

Use graphical and numerical methods to calculate and illustrate descriptive statistics
Apply statistics and probability in the context of economic applications

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

Basic concepts in statistics and probability and some applications in economics
Basic regression analysis as applied to an economic dataset

Transferable and Generic Skills

Having successfully completed this module you will be able to:

Use Microsoft Excel to make basic statistical calculations

Learning and Teaching

Teaching and learning methods

The course is based on lectures and tutorials, and students may also use interactive online resources listed on Blackboard

Study time
Type	Hours
Tutorial	8
Lecture	20
Independent Study	118
Total study time	146

Assessment

Assessment strategy

Referral and external repeat assessment are through 100% final exam

Summative

This is how we’ll formally assess what you have learned in this module.

Breakdown
Method	Percentage contribution
Final Exam	80%
Coursework	20%