Programmes
Quantitative Methods

2025-02-16 09:25:30

Term:Summer

Course Code:SQ0000003H

Campus:Central Campus

Academic Organization:School of Economics

Prerequisites:None

Credit:1(16 teaching hours)

Course Components:Lectures Required

Course Description:

The aim of this module is to introduce the statistical methods and input-output analysis, as a foundation on which to explore the world of economy. The module will be divided into two parts. In the first part, students will learn the basic of statistical methods, including descriptive statistics,probability, and random variable. In the second part, students will learn the input-output model and its applications in environmental economics. In economics, an input-output analysis is a quantitative economic model that represents the interdependencies between different sectors of an economy or different regional economies. Wassily Leontief (1906–1999) earned the Nobel Prize in Economics for his development of this model. In this module, the model is used to analyze the environmental impacts of economic activities and estimate energy use and carbon emissions from life-cycle perspective.