Statistics for Economists

Korea University

Course Description

  • Course Name

    Statistics for Economists

  • Host University

    Korea University

  • Location

    Seoul, South Korea

  • Area of Study

    Economics, Statistics

  • Language Level

    Taught In English

  • Course Level Recommendations


    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Credits

  • Recommended U.S. Semester Credits
  • Recommended U.S. Quarter Units
  • Overview

    A Brief Course Outline

    We will cover Chapters 1-11, and 14 in the text. In the first third of the course, we will discuss basic probability theory(Chapters 1-6). In the second third, we will cover sampling theory, estimation and hypothesis testing (Chapters 7-11). In the final third of the semester, we will discuss the bivariate regression model (Chapters 4 and 14). By the end of the semester, you should be able to read and understand basic economic research that uses the techniques we have developed in class.

    Required Texts:

    Weiss, Neil A., Elementary Statistics, 8th Edition, Boston, MA: Addison-Wesley, 2012.

    Delwiche, Lora D., and Susan J. Slaughter, The Little SAS Book, Third Edition, Cary, NC: Sas Institute, 2003.

    Mathematical requirements:

    You should refresh your memory of algebra and basic calculus before the first day of the class. I expect you to understand the concept of derivative. If you did not learn calculus during high school please reserve one or two weeks before the start of the semester and study by yourself using high school math book like ?JungSeok?.

Course Disclaimer

Courses and course hours of instruction are subject to change.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.

Please reference fall and spring course lists as not all courses are taught during both semesters.

Availability of courses is based on enrollment numbers. All students should seek pre-approval for alternate courses in the event of last minute class cancellations

Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.