Home > Study > Summer schools > LSE Summer School > Courses > Economics > EC113: Further Statistics for Economics and Econometrics

How to contact us


LSE Summer School Office
Houghton Street


EC113: Further Statistics for Economics and Econometrics


Course Content

Course content will be delivered by formal lectures supported by daily classes. All topics will be explained during lectures accompanied by examples demonstrating the material. A comprehensive course pack will be provided and daily exercise sets will be distributed to provide an opportunity to practice problems. Solutions to exercises will be discussed and distributed in the classes. Additional self-study exercises and solutions will also be made available online.

Course Objectives: The course provides a precise and accurate treatment of probability, distribution theory and statistical inference. As such there will be a strong emphasis on mathematical statistics as important discrete and continuous probability distributions are covered (such as the Binomial, Poisson, Uniform, Exponential and Normal distributions). Properties of these distributions will be investigated including use of the moment generating function.

Point estimation techniques are discussed including method of moments, maximum likelihood and least squares estimation. Statistical hypothesis testing and confidence interval construction follow, along with non-parametric and goodness-of-fit tests and contingency tables. A treatment of linear regression models, featuring the interpretation of computer-generated regression output and implications for prediction, rounds off the course.

Collectively, these topics provide a solid training in statistical analysis. As such, this course would be of value to those intending to pursue further study in statistics, econometrics and/or empirical economics. Indeed, the quantitative skills developed by the course are readily applicable to all fields involving real data analysis.


As stand-alone resources will be provided, there will be no need to rely on a particular text.  There are several good texts at the right level for this course which can be used in support of the course materials, including:

Freedman, D., Pisani, R. and R. Purves (2007) Statistics, Norton, 4th edition.

Larsen, R.J. and M.J. Marx (2011) An Introduction to Mathematical Statistics and Its Applications, Pearson Education, 5th edition.

*A more detailed reading list will be supplied prior to the start of the programme

**Course content, faculty and dates may be subject to change without prior notice



Session: Two    

Dates: 27th July – 14th August 2015

Lecturer: Dr James Abdey|

Level: 100 level|

Fees: Click here| for information

Prerequisites: No previous knowledge of statistics will be assumed, although familiarity with elementary statistics to the level of EC112 would be an advantage (for example, descriptive statistics – sample mean and variance). Mathematics to A-level standard or equivalent is highly desirable, i.e. competency with basic calculus, integration and algebraic manipulation (although a refresher document will be provided).

Lectures: 36 hours 

Classes: 18 hours

Assessment*: Two written examinations

Typical credit**: 3 credits (US) 7.5 ECTS points (EU)

How to apply?|

Join our mailing list|

*assessment is optional – see FAQ’s|

**You will need to check with your home institution. Read more about credit transfer here|.