Scribd
Upload
70 views3 pages

EES 201 Course Outline

course topics

Uploaded by

josiahnjugi1
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
70 views3 pages

EES 201 Course Outline

course topics

Uploaded by

josiahnjugi1
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 3

MACHAKOS UNIVERSITY

DEPARTMENT OFECONOMICS
UNDERGRADUATE PROGRAMMES

EES 201: STATISTICS FOR ECONOMISTS I

Purpose of the course:


The aim of this course is to introduce the students to statistical methods as applicable to
Economics. This coverage of this first course is mainly Descriptive Statistics.

Objectives of the course:


Students should be able to understand methods of data collection
Students should be able to understand sampling methods.
Students should be able to understand measures of central tendency and measures of spread

Mode of delivery:
Lectures
Assignments
Group-work

Course assessment:
Continuous Assessment Test - 30%
Examination - 70%
Total - 100%

Recommended Textbooks

1. Newbold, P. Statistics for Business and Economics. (London: Prentice-Hall, 1995). 4th ed.
[ISBN 0 1385 5549 0].

2. Mason, R.D. and D.A. Lind. Statistical Techniques in Business &Economics. (Boston:
McGraw Hill, 2001). 11th ed. [ISBN 0 0724 0282 2].
3. Wonnacott, T.H. and R.J. Wonnacott. Introductory Statistics. (Chichester: Wiley, 1990). 5th
ed. [ISBN 0 4715 1733 X].

4. Aczel, A.D. Complete Business Statistics. (London: Irwin/McGraw Hill, 1999)[ISBN 0 0728
9302 8].

5. Mansfield, E. (1991). Statistics for Business and Economists: Methods and Applications.

DETAILED COURSE OUTLINE


1. INTRODUCTION
1.1. Definition & Scope of Statistics
1.2. Subdivision within Statistics
1.3. Reasons for studying Statistics/Functions of Statistics
1.4. Definition of Basic Statistical terms

2. DATA COLLECTION METHODS


2.1. Primary data collection method
2.1.1 Observation
2.1.2 Interview
2.1.3 Questionnaire
2.2 Secondary data & its major sources

3 SAMPLING & SAMPLING METHODS


3.1 Census & Sampling
3.2 Elements of sampling
3.3 Laws of sampling theory
3.4 Essential of sampling
3.5 Sampling methods (Probability &Non-probability)
3.6 Selection of appropriate method of sampling
3.7 Size of sample
3.8 Sampling & non-sampling errors

4 DATA ORGANIZATION & PRESENTATION METHODS


4.1 Statistical Measurements (Nominal, ordinal, interval & ratio scales)
4.2 Tabular organization of data (frequency & relative frequency distributions, percentage
distribution, marginal & conditional distribution, cumulative distributions)
4.3 Graphical presentation of data (bar charts, histograms, frequency polygons & cumulative
frequency distribution graphs.

5 MEASURES OF LOCATION (CENTRAL TENDENCY)


5.1 Arithmetic & geometric mean
5.2 Harmonic mean
5.3 Mode & median
5.4 Comparison of the mean, median & mode

2
6 MEASURES OF DISPERSION (VARIABILITY),SKEWNESS AND KURTOSIS
6.1 Range,
6.2 Mean deviation
6.3 Quartile Deviation
6.4 Variance & standard Deviation
6.5 Coefficient of variation
6.6 Coefficient of skewness
6.7 Kurtosis

7 INDEX NUMBERS
7.1 Introduction
7.2 Types of Index Numbers
7.3 Construction of simple indexes
7.4 Construction of aggregate indexes
7.5 Base Shifting and Splicing of Indexes
7.6 Uses/Application of Indexes

You might also like