50641

Application of statistical methods and interpretation of statistical findings to facilitate decision-making in Economics, Business, Political Science and other Social Sciences. Data sources, types and interpretation; descriptive statistics; probability theory; discrete and continuous probability distributions; sampling distributions; confidence intervals; hypothesis tests; nonparametric statistics; simple linear regression analysis; computer-based statistical analysis.

General principles and terminology of economics, with emphasis on microeconomics. Supply and demand theory, utility, elasticity, production, costs, revenues, market structures, income distribution, market failures and government policy, and international trade.

General principles, terminology, and methodology of economics with emphasis on macroeconomics. Economic organization and institutions, markets, national income analysis, business cycles, models of aggregate economic analysis, macroeconomic equilibrium, money and banking, fiscal and monetary policy, economic growth, fundamentals of international economics.