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806116P Statistics for Economic Sciences, 5 ECTS cr 
Code 806116P  Validity 01.06.2014 -
Name Statistics for Economic Sciences  Abbreviation Statistics for 
Scope5 ECTS cr   
TypeBasic Studies Discipline3266 Statistics 
  Grading1 - 5, pass, fail 
Unit Field of Mathematics 

Hanna Heikkinen 

ECTS Credits 

5 ECTS credits

Language of instruction 



1st period.

Learning outcomes 

After completing the course, student will be able to:
- consider issues influencing to data collection
- describe data by appropriate methods: tables, statistics and graphical presentations
- evaluate the effect size of the sample to the margin of error for instance in Gallup polls and in different market researches
- analyze continuous and categorical response in the simple experimental and observational studies
- interpret output of a statistical software.


- collecting data, e.g. sampling
- variables and measuring
- descriptive statistical methods and their selection
- the most important probability distributions
- margin of error of estimator for population mean and proportion
- statistical inference of the population proportion and the mean of a continuous variable 
- statistical literacy
- basic analysis of data using statistical software

Mode of delivery 

Face-to-face teaching

Learning activities and teaching methods 

Total 53 h face-to-face teaching including lectures and exercise (partly computer exercises). Independent work 80 h.

Target group 

Students in Oulu Business School.

Prerequisites and co-requisites 


Recommended optional programme components 

After the course, student is able to continue to A Second Course in Statistics.

Recommended or required reading 

Lecture notes

Assessment methods and criteria 

Mid-term exams and/or final exam and compulsory participation in computer exercises.


Fail, 1-5

Person responsible 

Hanna Heikkinen

Working life cooperation 



Current and future instruction
Functions Name Type ECTS cr Teacher Schedule
registration period has not begun Statistics for Economic Sciences  Course  Hanna Heikkinen  31.08.20 -30.10.20

Future examinations
No examinations in WebOodi