Probability: including conditional probability, random variables and distributions, unconditional and conditional expectations. Distributions: including special distributions and their properties, and sampling distributions of estimators. Nonparametric methods and limit theorems; stochastic processes; simulation and bootstrap methods. Applications of these tools to economic theory are presented. Precludes additional credit for STAT 3500 (no longer offered), STAT 3508, and STAT 3558. Prerequisite(s): ECON 2201 (or equivalent) with a grade of C+ or higher, and ECON 2202 (or equivalent) with a grade of C+ or higher.Lectures three hours a week, tutorials one and a half hours a week.
