THE UNIVERSITY OF MANCHESTER

SOST10062: Introductory Statistics for Economists

Unit Level: Level 1

Final Examination Guide and Notes 2026

Part 01: Revision Notes

Part 02: Exam Practice Questions and Answers

Part 03: Sample Final Examination Paper

Part 04: Suggested Solutions to Final Exam Paper

The 24/7 Online Support You Deserve

Need to reach out to us with questions or for help? You’ll connect with a private tutor who is extremely passionate about the unit to provide assistance and help ensure that you’re on the right track to graduating.

Looking for more study resources?

Find out about all the services and resources available for students at the University of Manchester

SOST10062: Introductory Statistics for Economists (Solutions)

£35.00

ACADEMIC YEAR 2026 - 2027

University	University of Manchester
Unit Code	SOST10062
Credit Rating	10
Unit Title	Introductory Statistics for Economists
Notes Title	Final Examination Guide and Notes
Page Length	61

The Final Exam Guide and Notes for SOST10062: Introductory Statistics for Economists provide a clear and comprehensive resource for mastering the essential theories and concepts of the course. With step-by-step guidance, it ensures a thorough understanding and effective preparation. Illustrations and worked examples demonstrate key calculations and applications of the theories. Once you've reviewed your course materials, you can test your knowledge with a sample exam, complete with solutions and explanations designed to simulate the real test experience. With this guide, you'll get clear notes and practice questions with answers for key examinable topics.

SOST10062: Introductory Statistics for Economists introduces key statistical concepts and methods essential for economic analysis. The course covers fundamental principles, exploratory data analysis, probability theory, random variables, and probability distributions, with a focus on the normal distribution. It also explores modeling relationships, simple linear regression, and statistical inference, including confidence intervals and hypothesis testing. A compulsory co-requisite for this course is Introductory Mathematics (ECON10061).

By the end of the course, students will be able to summarise and visualise data using statistical techniques, develop contingency tables for categorical data analysis, and apply probability theory, including concepts of independence. They will also gain skills in modeling relationships between variables, constructing and interpreting simple regression models, and conducting hypothesis tests. Practical analysis skills will be developed through hands-on experience with Excel, enabling students to perform statistical analyses and present their findings effectively.

UNIT CODE	UNIT TITLE
BMAN10001	Economic Principles: Microeconomics
BMAN10101	Principles of Marketing
BMAN10501	Financial Reporting
BMAN10512	Introductory Management Accounting
BMAN10522	Financial Decision Making
BMAN10552	Fundamentals of Finance
BMAN10621M	Fundamentals of Financial Reporting
BMAN10872	Introduction to Work Psychology
BMAN20072	Investment Analysis
BMAN21011	Financial Markets and Institutions
BMAN21040A	Intermediate Management Accounting
BMAN21020A	Financial Reporting and Accountability
BMAN23000A	Foundations of Finance A
BMAN23000B	Foundations of Finance B
BMAN30091	Financial Derivatives
BMAN30111A	Advanced Corporate Finance
ECON10072A	Advanced Statistics
ECON10221	Microeconomics 1
ECON10232	Microeconomics 2
ECON10241	Macroeconomics 1
ECON10262	Macroeconomics 2
ECON30370	Econometrics
ECON31031	Advanced Econometrics
PSYC10100	Research Methods and Statistics
PSYC21061	Statistics and Data Analysis
SOST10062	Introductory Statistics for Economists

UKNOTES

SOST10062: Introductory Statistics for Economists (Solutions)

INFORMATION

UNIT DESCRIPTION

RELATED UNITS