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Бакалавриат 2023/2024

Экономическая статистика

Направление: 38.03.01. Экономика
Когда читается: 1-й курс, 1 модуль
Формат изучения: без онлайн-курса
Охват аудитории: для своего кампуса
Язык: английский
Кредиты: 4
Контактные часы: 42

Course Syllabus

Abstract

The primary objective of this course is to equip students with an understanding of how the process of formulating research questions, collecting relevant data, analyzing and visualizing results, and interpreting statistical evidence supports effective problem-solving and strategic decision-making. Students will develop the ability to apply statistical reasoning and quantitative methods in real-world contexts. Emphasis is placed on cultivating practical skills in data literacy, critical thinking, and evidence-based decision-making. The course offers a comprehensive introduction to statistics for students who seek to understand how statistical tools and analytical techniques are used to address real problems, assess alternatives, and support sound analytical decisions—without requiring prior coursework in probability theory.
Learning Objectives

Learning Objectives

  • The course aims to: • Develop students’ ability to identify, collect, and use primary and secondary data sources appropriately, and to correctly interpret and apply statistical information in various contexts; • Teach students how to organize, summarize, and present statistical data clearly and accurately using tables, charts, and graphs; • Enable students to compute and interpret key descriptive measures; • Involve students in the full statistical process — from data exploration and analysis to drawing meaningful conclusions and formulating recommendations; • Engage students in the practical application of statistical methods for decision-making through case studies, problem-solving exercises, and collaborative project work.
Expected Learning Outcomes

Expected Learning Outcomes

  • Describe the importance of statistics.
  • Differentiate between descriptive statistics and inferential statistics
  • Explain the various data types
  • Describe variables and types of measurement scales
  • Summarize qualitative data by constructing a frequency distribution
  • Construct and interpret a pie chart and a bar chart
  • Summarize quantitative data by constructing a frequency distribution
  • Construct and interpret a stem-and-leaf diagram
  • Calculate and interpret measures of central location
  • Interpret a percentile and a boxplot
  • Calculate and interpret measures of dispersion
  • Explain mean-variance analysis and the Sharpe ratio
  • Construct and interpret a scatterplot
  • Calculate and interpret covariance between two variables
  • Calculate and interpret the correlation between two variables
Course Contents

Course Contents

  • 1. What is Statistics?
  • 2. Generalizing statistical indicators: absolute and relative values. Indexes.
  • 3. Presenting Data in Tables and Charts
  • 4. Numerical Descriptive measure
  • 6. Correlation analysis
Assessment Elements

Assessment Elements

  • non-blocking Quizzes for every topic
    Short quizzes in class. They will take from 10 to 15 minutes, depending on the complexity
  • non-blocking Test
    The test is carried out in the classroom (remotely in case of switching to online learning), in writing, 80 minutes. The test is a closed book, closed notes. Using course materials is not allowed.
  • non-blocking GROUP PROJECTS ON SEMINARS
    The group form of control, for a mini-group of 4-5 people within the study group, is not retaken, those missed for a good reason are redistributed, those missed for an unexcused reason are evaluated at 0 points. Each mini-group is tasked to present a data source given to them in advance, describing it in terms of the data it contains: the size of the database, the number and type of features, homogeneity, data collection methods, the presence of omissions and errors, and possible use for statistical research. The presentation is carried out orally in the form of a defense, evaluated by the teacher on a 10-point system.
  • non-blocking GROUP PROJECT
    The task is for groups of 5-6 people. 1. Obtain a database. 2. Present your database: explain how the data was collected, what is your unit of observation, what variables do you have. 3. Present summary statistics for your variables. 4. What valuable insights we can get from your data? You can use correlations to explore relationship between variables, calculate aggregated measures or indexes, present your data with charts and/or tables. Try to communicate your insight using visualization and/or informative and easily perceived indicator.
Interim Assessment

Interim Assessment

  • 2023/2024 1st module
    0.25 * GROUP PROJECT + 0.25 * GROUP PROJECTS ON SEMINARS + 0.25 * Quizzes for every topic + 0.25 * Test
Bibliography

Bibliography

Recommended Core Bibliography

  • Business statistics : A Decision-Making Approach, Groebner, D. F., 1993

Recommended Additional Bibliography

  • Fraser C. Business statistics for competitive advantage with Excel 2016: basics, model building, simulation and cases. New York, NY: Springer Science+Business Media, 2016. 475 с.
  • Essentials of business statistics, Jaggia, S., 2014
  • Groebner, David, et al. Business Statistics, EBook, Global Edition, Pearson Education, Limited, 2018. ProQuest Ebook Central, https://ebookcentral.proquest.com/lib/hselibrary-ebooks/detail.action?docID=5186156.
  • Inequality, polarization and poverty : advances in distributional analysis, Chakravarty, S. R., 2009

Authors

  • BRODSKAYA NATALYA NIKOLAEVNA
  • Васильева Татьяна Александровна
  • Garipova Farida Gabdulkhaevna