This book is an undergraduate text that introduces students to commonly
used statistical methods in economics.
Using examples based on contemporary economic issues and readily available
data, it not only explains the mechanics of the various methods, but also guides students
to connect statistical results to detailed economic interpretations. Because the goal is
for students to be able to apply the statistical methods presented, online sources for
economic data and directions for performing each task in Excel are also included.
Margaret Lewis
is Professor of Economics at the College of Saint
Benedict/Saint John’s University, Minnesota, USA..
Table of Contents
Preface
Part I: Descriptive Statistics of an
Economic Variable
1. The Role of Statistics in Economics
2. Visual Presentations of Economic Data
3. Observations and Frequency Distribution
4. Measures of Central Tendency
5. Measures of Dispersion
Part II. Temporal Descriptive Statistics:
Change Over Time
6. Measuring Changes in Prices and Quantity
7. Descriptions of Stability: Short-Run Changes
8. Patterns of Long-Term Change
Part III: Statistical Inferences about a
Single Variable
9. Basic Concepts in Statistical Inference
10. Statistical Estimation
11. Statistical Hypothesis Testing of a Mean
Part IV: Relationships between Two
Variables: Descriptions and Statistical Inference
12. Correlation Analysis
13. Simple Linear Regression, Descriptive Measures
14. Simple Regression Analysis: Statistical Inference
15. Simple Regression Analysis: Variable Scales and Functional Forms
Part V: Relationships between Multiple
Variables: Description and Statistical Inferences
16. Multiple Regression Analysis: Descriptive Measures
17. Multiple Regression Analysis: Hypothesis Tests for Partial Regression Coefficients
and Overall Goodness of Fit
18. Multiple Regression Analysis – Dummy Variables and Statistical Problems
472 pages, Paperback