Archived Versions

14.30 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.)

Level:

Undergraduate

Instructors:

Konrad Menzel

Course Features

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.