Introduction to Statistical Methods in Economics

As taught in: Spring 2009

Shapes of three probability distribution functions: normal, Student's t, and chi-squared. The normal and Student's t are bell-shaped and symmetric; chi-squared is asymmetric and has a longer tail.

Shapes of three probability distribution functions: normal, Student's t, and chi-squared. (Image by MIT OpenCourseWare.)

Instructors:

Konrad Menzel

MIT Course Number:

14.30

Level:

Undergraduate

Course Features

Lecture notes
Assignments and solutions
Exams (no solutions)

Course Description

This course will provide a solid foundation in probability and statistics for economists and other social scientists. We will emphasize topics needed for further study of econometrics and provide basic preparation for 14.32. Topics include elements of probability theory, sampling theory, statistical estimation, and hypothesis testing.