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DEPARTMENT 03

Statistics for Economics

Collecting, describing and inferring from economic data. Covers full CBSE Class 11 statistics.
Entry Level: L1CBSE 11CUETData Analyst

Syllabus Modules & Canonical Topics

5 Modules comprising 24 Canonical Topics.

03.1

Collecting Data

4 Canonical Topics
03.1.1
Primary and secondary data
L1
03.1.2
Census and sample surveys
L1
03.1.3
Sampling methods and sampling errors
L2
03.1.4
Questionnaire and survey design
L2
03.2

Organising and Presenting Data

4 Canonical Topics
03.2.1
Classification and tabulation
L1
03.2.2
Frequency distributions
L1
03.2.3
Diagrams: bar, pie, histogram, polygon and ogive
L1
03.2.4
Misleading charts and honest scales
L1
03.3

Descriptive Statistics

4 Canonical Topics
03.3.1
Mean, median and mode
L1
03.3.2
Dispersion: range, quartile deviation, mean deviation, standard deviation
L1
03.3.3
Coefficient of variation
L2
03.3.4
Skewness and kurtosis
L2
03.4

Correlation and Index Numbers

4 Canonical Topics
03.4.1
Scatter diagrams and correlation
L1
03.4.2
Karl Pearson and Spearman rank correlation
L1
03.4.3
Index numbers: Laspeyres, Paasche and Fisher
L2
03.4.4
Base shifting, splicing and chain indices
L3
03.5

Probability and Inference

6 Canonical Topics
03.5.1
Probability rules
L2
03.5.2
Random variables and expectation
L3
03.5.3
Binomial, Poisson and normal distributions
L3
03.5.4
Sampling distributions and the central limit theorem
L3
03.5.5
Confidence intervals
L3
03.5.6
Hypothesis testing: t, chi-square and F tests
L3
Back to School A: Foundations and Methods