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ES10004: Core skills for economics: statistics and data analysis

[Page last updated: 20 April 2021]

Academic Year: 2021/2
Owning Department/School: Department of Economics
Credits: 6      [equivalent to 12 CATS credits]
Notional Study Hours: 120
Level: Certificate (FHEQ level 4)
Period:
Semester 2
Assessment Summary: CW 40%, EX 40%, OT 20%
Supplementary Assessment:
ES10004A - Resit Exam (where allowed by programme regulations)
Requisites: Before taking this module you must take ES10091
Aims:
* To develop research skills: students will have to work both independently and as part of a team
* To develop computing skills: students will be taught how to generate pictures/diagrams and equations in Word, to present data in tables and graphs in Excel and be given an introduction to an advanced statistical software package
* To develop skills in data handling and data description
* To develop understanding of relevant economic statistics and hypothesis testing: this unit will include numerical work on microeconomic and macroeconomic datasets
* To develop teamwork and presentation skills.

Learning Outcomes:
* Students will have enhanced skills essential to undertaking and presenting quantitative research.
* Students will have acquired and developed competencies in using Excel to represent and analyse economic data.
* Students will have had an opportunity to participate in writing and presenting a group academic essay/project. In so doing they will have enhanced their understanding of economic relationships from first year Micro and Macroeconomics units.
* Students will be able to use and undertake basic programming in the selected statistical software package
* Understand basic cleaning of micro and macro datasets and preliminary data description of those datasets.

Skills: Problem-solving, information technology (particularly Excel), ability to work and communicate effectively in a team.

Content:
1. What is Economic Data?
2. Presenting Data I (Graphically)
3. Presenting Data II (Descriptive Statistics)
4. Introduction to Stata
5. Presentation and report writing skills
6. Confidence intervals
7. Hypothesis testing I
8. Hypothesis testing II
9. Correlation
10. Introduction to simple regression I
11. Introduction to simple regression II

Programme availability:
NB. Postgraduate programme information will be added when the postgraduate catalogues are published in August 2021

ES10004 is Compulsory on the following programmes:

Department of Economics
  • UHES-AFB03 : BSc(Hons) Economics (Year 1)
  • UHES-AAB03 : BSc(Hons) Economics with Study year abroad (Year 1)
  • UHES-AKB03 : BSc(Hons) Economics with Year long work placement (Year 1)
  • UHES-AFB01 : BSc(Hons) Economics and Politics (Year 1)
  • UHES-AAB01 : BSc(Hons) Economics and Politics with Study year abroad (Year 1)
  • UHES-AKB01 : BSc(Hons) Economics and Politics with Year long work placement (Year 1)
  • UHES-ACB01 : BSc(Hons) Economics and Politics with Combined Placement and Study Abroad (Year 1)
  • UHES-ACB03 : BSc(Hons) Economics with Combined Placement and Study Abroad (Year 1)

Notes:

  • This unit catalogue is applicable for the 2021/22 academic year only. Students continuing their studies into 2022/23 and beyond should not assume that this unit will be available in future years in the format displayed here for 2021/22.
  • Programmes and units are subject to change in accordance with normal University procedures.
  • Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
  • Find out more about these and other important University terms and conditions here.