Semester 1

Dear students, 

Welcome to this course EC80341 Statistics for Economics. 

The learning outcomes of this course are:

1. Data Analysis Skills – Ability to collect, organize, and interpret economic data to uncover meaningful patterns.

2. Decision-Making Support – Use statistical evidence to guide economic policy, business strategies, and resource allocation.

3. Hypothesis Testing – Apply statistical methods to test economic theories and validate models with real-world data.

4. Forecasting Ability – Develop skills to predict economic trends such as inflation, unemployment, or market demand.