THE UNIVERSITY OF EDINBURGH 
ECNM08016: Statistical Methods for Economics 
Final Examination Guide and Notes 2026 
 
Part A: Topic Summary and Exam Tips 
Part B: Exam Practice Questions and Answers 
Part C: Sample Final Examination Paper 
Part D: Suggested Solutions to Final Exam Paper 
 
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University of Edinburgh - ECNM08016: Statistical Methods for Economics

£35.00

ACADEMIC YEAR 2025 - 2026

University	University of Edinburgh
Course Code	ECNM08016
Course Name	Statistical Methods for Economics
SCQF Credits	20
Notes Title	Final Examination Guide and Notes
Format	PDF
Page Length	61

Prepare for ECNM08016: Statistical Methods for Economics at the University of Edinburgh with a clear, up-to-date revision guide built for the final examination. Inside are syllabus-aligned notes, concise explanations, helpful diagrams, and sample exam papers with fully worked solutions so you practise under realistic conditions. Each section flags frequent mistakes and includes quick checks to keep revision focused. Use it alongside your course materials to test understanding, refine technique, and apply knowledge in the exam.

The course is intended as an introduction to probability theory and statistics for economists and other social science students. It is a required course for students intending to proceed to an Honours degree involving Economics.

Basic concepts, sample spaces, events, probabilities; Conditioning and independence, Bayes' formula; Discrete random variables, expectation, variance, mean, independence; Continuous random variables, distributions and densities; Covariance, correlation, central limit theorem; Summary statistics; Sampling distributions; Hypothesis testing; Interval estimation; simple linear regression, and multiple regression.

Pre-requisite: Students MUST have passed: Economics 1 (ECNM08013).

COURSE CODE	COURSE NAME
ACCN08007	Accountancy 1A
ACCN08008	Accountancy 1B
ACCN08009	Accountancy 2A
ACCN08012	Accounting for Business 1
BUST08003	Principles of Finance
BUST08004	Marketing
BUST08005	Business Economics
BUST08018	Applications of Finance
BUST08029	Introduction to Financial Markets
BUST08030	Introduction to Corporate Finance
BUST08033	Introduction to Data Analysis
BUST10012	Corporate Finance
BUST10023	Futures and Options
BUST10032	Investment and Securities Markets
ECNM08004	Economic Principles
ECNM08016	Statistical Methods for Economics
ECNM10052	Essentials of Econometrics
ECNM10056	Applications of Econometrics
ECNM10069	Topics in Macroeconomics
ECNM10070	Topics in Microeconomics
MATH08051	Statistics
PPLS08001	Research Methods and Statistics

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University of Edinburgh - ECNM08016: Statistical Methods for Economics

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