This course is designed to introduce the student to the application of statistical techniques in modern decision making. Emphasis is placed on measures of central tendency and dispersion, probability and probability distributions, sampling, estimation, and hypothesis testing.
Economics Courses
ECON 112 - Statistics I
ECON 114 - Statistics II
Continuation of ECON 112. Topics include: tests of population variance, quality control, time series analysis, analysis of variance, index numbers, and bivariate and multivariate regression and correlation analysis. Emphasis will be placed on the use of Excel in the analysis of data.
ECON 120 - Introduction to Business Analytics
This course introduces students to the foundational concepts of data analysis necessary to understand, interpret, display, and explain data. Lectures will cover statistical measurements of frequency, mathematical concepts related to data analysis, and ethical issues, all of which students will apply in their individual and group research on data sources and data interpretation. Students learn practical applications of data analysis and visualization.
ECON 181 - Principles of Economics (Macroeconomics)
Macroeconomics is concerned with the performance of the economy as a whole. In this course, the student will be introduced to an analysis of the changes in levels of income, employment, prices, and output in the economy and the role government and the central banking system play in the maintenance of overall economic growth and stability. This course is intended to serve as an introduction to a vast field of knowledge and academic endeavor.
ECON 182 - 182 Principles of Economics (Microeconomics)
Topics include analysis of the economics of the firm and resource allocation, current domestic problems and international economics. Microeconomics deals with the significant aspects of the individual firm.