Resource Economics 701 - ProbabilityThry&Stat Inference

This course will focus on probability theory and statistical inference, the foundations of econometric analysis. Probability theory is the building block that will allow you to understand estimation and statistical inference. The first part focuses on univariate distributions and multivariate distributions, with care taken to differentiate discrete and continuous random variables. The second part covers estimation and inference. Although estimation and inference is covered at the introductory level, the course allows a good understanding of different estimation methods and the basics of estimators? properties. The course has a half-lecture, half-programming (Matlab) structure. Programming in Matlab is used as a pedagogical tool to illustrate statistical concepts.