ECON 451 - Intermediate Introduction to Statistics and Econometrics I
Section: 001
Term: FA 2018
Subject: Economics (ECON)
Department: LSA Economics
Requirements & Distribution:
BS, QR/1
Credit Exclusions:
No credit granted to those who have completed or are enrolled in ECON 405 or ECON 453. Students may take only two of the following courses for credit towards graduation: STATS 250 or ECON 249, ECON 451, and ECON 453.
Enforced Prerequisites:
With a minimum grade of C-, MATH 116, 156, 186, 215, 255, 256 or 285.
Other Course Info:
May not be included in an Economics minor.
This course counts toward the 60 credits of math/science required for a Bachelor of Science degree.
May not be repeated for credit.
Primary Instructor:

ECON 451 is an introduction to mathematical statistics that requires fluency with advanced differential calculus. The purpose is to provide students with an understanding of the fundamentals of statistical inference; to this end, the course will put an emphasis on concepts, rather than only applications. Topics include probability theory, discrete and continuous random variables and their probability distributions, multivariate and conditional distributions, sampling distributions, testing hypotheses, properties of estimators including maximum likelihood and method of moments, and least squares.

Intended Audience:

This course is taken by students who are typically considering graduate school; students seeking a less mathematical treatment of the material in this course should consider STATS 250 instead. Although the enforced prerequisite for ECON 451 is MATH 116 (CALC II), in practice, many students in ECON 451 have taken calculus beyond the CALC II level.

ECON 451 - Intermediate Introduction to Statistics and Econometrics I
Schedule Listing
001 (LEC)
MW 11:30AM - 1:00PM
Note: Do not take this class if you have taken ECON 405 before!!!
002 (DIS)
F 1:00PM - 2:00PM
003 (DIS)
F 2:00PM - 3:00PM
NOTE: Data maintained by department in Wolverine Access. If no textbooks are listed below, check with the department.

ISBN: 0321693949
An introduction to mathematical statistics and its applications, Author: Richard J. Larsen, Morris L. Marx., Publisher: Prentice Hall 5th ed. 2012
Other Textbook Editions OK.
Syllabi are available to current LSA students. IMPORTANT: These syllabi are provided to give students a general idea about the courses, as offered by LSA departments and programs in prior academic terms. The syllabi do not necessarily reflect the assignments, sequence of course materials, and/or course expectations that the faculty and departments/programs have for these same courses in the current and/or future terms.

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