Course type: compulsory
Lecturer: Jože Sambt, Ph.D., Assistant Professor
 

For the timeline see Curriculum.

Prerequisites:

• Enrolment into the first year of the programme is required to participate in the course.
• Positively graded assignment is a prerequisite for the written exam.

Content (Syllabus outline):
Starting points:

• Relations between economic statistics, official statistics and macroeconomics.
• Relevance of economic statistics for economic policy and business decision making.

Macroeconomic statistics:

• System of national accounts as a conceptual framework for measurement in economics (definitions, units, classifications).
• Indices.
• Production statistics and price statistics.
• International comparisons.
• Financial statistics.

Demographic and social statistics:

• Population statistics.
• Labour market statistics.
• Living conditions statistics.

Business statistics:

• Short-term economic activity.
• Statistics of selected topics (e.g. tourism, agriculture, trade).
• Structural business statistics.

Other relevant topics (e.g. environmental statistics).

Objectives and competences:
Course objective is to enable students, by using modern information technologies, to:

• collect or find adequate statistical data and correctly analyze and interpret them;
• explain basic economic, social and business implications of published statistical data;
• identify examples of incorrect use of statistics.

Competences:

• Understanding conceptual foundations of economic statistics and judging quality and limitations of the indicators from the field of economic statistics based on methodological knowledge.
• Ability to search, evaluate and use conceptually adequate secondary economic-statistical data.
• Ability to collect, evaluate and use conceptually adequate primary economic-statistical data.
• Ability to use statistical software tools for conducting statistical analysis, working with statistical databases and presenting and disseminating statistical data and the results of statistical analysis.

Intended learning outcomes:
Students will be introduced to the main statistical concepts of economic phenomena and processes. They will deepen their understanding of relations between economic-theoretical categories, their statistical operationalization and statistical measurement in practice – especially from the perspective of modern statistical theory and practice.