Economics

Course summary

Students will acquire quantitative skills and be familiar with various types of statistical data which are commonly used by economists. They should be able to make relevant calculations from economic data and be able to interpret data presented in the form of index numbers. Examples of other relevant quantitative skills include: the construction and use of graphs and the application of statistical measures such as the mean, median and quantiles. Students will be encouraged to develop a critical approach to economic models and methods of enquiry. Students will acquire a good knowledge of trends and developments in the economy which have taken place over the past fifteen years and also have an awareness of earlier events where this helps to give recent developments a longer term perspective.