Statistics I and II are designed for Econ major students to fulfill the departmental quantitative analysis requirements, and ECON 2005 Statistics I is the first half of this sequence.

In Statistics I, we will focus on basic probability theory and fundamentals of mathematical statistics, since probability and statistics are important tools to predict economic outcomes under uncertain environments. Some important topics covered in Statistics I are conditional probability, interval estimation, hypothesis testing, and introduction of linear regression.

In Statistics II in Spring 2012, we will concentrate on elementary regression analysis. Statistics II is a semester long course in introductory econometrics. Its objective is to provide students with basic statistical tools and concepts that will help them estimate economic models and do subsequent inference. The prerequisite for Statistics II is ECON 2005 Statistics I. In Statistics II, the multiple regression models will be discussed in details. Also, the basic time series analysis will be covered. These courses will be taught in English.