Statistics for Economics: Data and Discovery · Data Analysis

The Role of Statistics in Economics

Exploring why quantitative data is essential for understanding economic theories and validating policy claims.

Key Questions

  1. 1Why is numerical evidence more persuasive than anecdotal evidence in policy making?
  2. 2What incentives might lead to the manipulation of economic data?
  3. 3How does scarcity of information impact the quality of economic decisions?

CBSE Learning Outcomes

CBSE: Introduction to Statistics - Class 11
Class: Class 11
Subject: Economics
Unit: Statistics for Economics: Data and Discovery
Period: Data Analysis

Suggested Methodologies

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