Course Details in 2025/26 Session

Module Title	LH Statistical Methods in Economics
School	Mathematics
Department	Mathematics
Module Code	06 30559
Module Lead	Nick Webber
Level	Honours Level
Credits	20
Semester	Full Term
Pre-requisites
Co-requisites
Restrictions	Available only to students on the Jinan Dual Degree programmes
Contact Hours	Lecture-44 hours Practical Classes and workshops-4 hours Supervised time in studio/workshop-24 hours Guided independent study-128 hours Total: 200 hours
Exclusions
Description	This course is designed for students with limited or no prior economic theory background. It emphasizes the understanding of quantitative methods, model evaluations, and the techniques for empirical studies in economics. This module starts with an introduction to general economic concepts, then it will cover the basics and extension of ordinary least square methods, heteroscedasticity, autocorrelation, multicollinearity, model specifications, simultaneous equation models, binary and discrete choice models, qualitative and limited dependent variable models, time series analysis, panel data models, and nonparametric analysis with their applications in Economics. Students will gain hands-on experience formulating and estimating models, interpreting results, and making forecasts.
Learning Outcomes	By the end of the module students should be able to: demonstrate an understanding of the nature of statistical inferential procedures involved in analysing economic data; formulate models to solve some empirical economic problems; apply appropriate statistical methods and techniques to understand relationships among variables; use statistical computing programme, for instance SAS/SPSS or similar; demonstrate an understanding of the power and limitations of applied statistical analysis; perform and present research by using relevant data and statistical tools
Assessment	30559-01 : Raw Module Mark : Coursework (100%)
Assessment Methods & Exceptions	Assessment: 3 hour examination (80%), work done during semester (20%) Reassessment: best of 3 hour resit examination (100%) or 3 hour resit examination (80%) and work done during the semester (20%)
Other	Delivery Location: Jinan University, China via Flying Faculty
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