CEA CAPA Partner Institution:University of Westminster
Location:London, England
Primary Subject Area: Business
Instruction in:English
Course Code:5ECON004W
Transcript Source:Partner Institution
Course Details:Level 300
Recommended Semester Credits:4
Prerequisites:4ECON003W Quantitative Economic Analysis or equivalent
DESCRIPTION
The module will provide an overview of probability theory and the theory of statistical inference, and will develop a range of applications derived from this theoretical framework. A particular emphasis will be placed on the development of the single equation regression model, emphasizing the applications of the model within a causal modelling context and the manner in which the model can be used for prediction/forecasting purposes.