INTERNATIONAL

ISLAMIC UNIVERSITY MALAYSIA

COURSE OUTLINE

Kulliyyah/Institute Economics & Management Sciences

Department/Centre Economics

Programme Bachelor of Economics/Bachelor of Business Administration/Bachelor of Accounting

Name of Course /
Statistical Methods
Mode
Course Code ECON 1140

Name(s) of Academic Dr. Izyani Zulkifli (Sec 1,2,3,4)

staff / Instructor(s) TBD (Sec 5)

Rationale for the

This course is essential for economics and management science students in order to
inclusion of the
understand the feature of data and to get hands on the techniques to analyze and interpret
course / module in
data within the framework of descriptive and inferential statistics.
the programme
Semester and Year
Semesters I & II, Year 1
Offered
Status Core

Level Undergraduate

Proposed Start Date Semester II, 2016/17 (1st February, 2017)

Batch of Student to
Year 1 students
be Affected
Face-to- Formal Assessment Guided Independent
Total Student Learning

Face Learning
Time (SLT)
Class Discussion
Online Reviews

Group Project

Own Reading
Consultation
Scrapbook

Total Student
Lectures

Learning Time (SLT)

42 10 10 5 42 7 4 120 Hours

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Credit Value / Hours 3
Pre-requisites
Nil
(if any)
Co-requisites
Nil
(if any)
The objectives of this course are to:
1. Orient students to the types of statistics, variables and data
Course Objectives 2. Provide skills of sorting, presenting and interpreting data
3. Provide hands on to parametric and non-parametric inferential statistics
4. Familiarize students to calculation and interpretation of indices
Upon completion of this course, students should be able to:
1. Compute and interpret basic descriptive and inferential statistics (C1,C3,C4, C6, A3,
CTPS1,P4)
2. Identify relevant sampling distribution of a variable for problem-solving purposes
Learning Outcomes (C1,C4,CTPS1,A4,P5,LL1)
3. Apply steps of inferential statistics in economics, accounting and business
(C3,C4,P5,CTPS1,LL1)
4. Derive conclusions from data analysis (C4,C6,A3,CS1)
5. Write reports based on data analysis and present the report (CS1,LL1,TS1,LS4)
Skills and how they are developed and assessed, project and practical experience

Skills Development Assessment

Transferable Skills Academic/ Lectures, tutorials and Written
problem solving consultation Assessment
Technical and Projects assignments on Report &

analytical collecting and analysing data presentation

T&L/Assessment strategies Description

Teaching-Learning
Teaching-learning strategies Lectures, class discussions, consultation
and assessment
Assessment strategies Online review, real-life data sets, class
strategy

participation and final examination

This course presents introductory methods in descriptive and inferential statistics and
their applications. Specific topics include numerical and non-numerical methods of
Course Synopsis
describing data, probability distribution, random variables, sampling distributions,
hypothesis testing and index numbers.
Mode of Delivery Lecture, discussion and consultation

Assessment Methods LO Method %

and Type / Course 1,2,3 Online Reviews 30
Assessment 1,2,3,4 Group Project 25
State weightage of 1,2,3,4 Scrapbook 5
each type of 1,2,3,4 Final examination 40
assessment. TOTAL 100

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Mapping of the course / module to the programme aims

Mapping of course / module to the Programme Learning Outcomes

Programme Outcomes
Learning Outcome of the course
O1 O2 O3 O4 O5 O6 O7 O8 O9 O10
Compute and interpret basic statistics √ √ √ √ √
Identify relevant sampling distribution of a
√ √ √
variable for problem-solving purposes
Apply steps of inferential statistics in √
√ √ √
economics, accounting and business
Derive conclusions from data analysis √ √ √ √ √ √ √
write reports based on data analysis and
√ √ √ √ √

present the report
Content outline of the course / module and the SLT per topic
Learning
Weeks Topics Task/Reading
Hours
1 Introduction to Statistics 7.5 Chapter 1
Describing Data
2 • Numerical Measures 7.5 Chapter 2, 3, 4
• Skewness
Index Numbers
• Price relatives (or simple price index)
3 • Unweighted price index 6.5 Chapter 15
• Weighted price index
• Some important indices
Probability
4 7.5 Chapter 6
• Discrete probability distributions
Probability
5 7.5 Chapter 7
• Continuous probability distributions
Sampling Distributions
6 • Random sampling 7.5 Chapter 8
• Sampling distributions of a single mean and proportion
Confidence Intervals
• Confidence interval for population mean
7 8 Chapter 9
• Confidence interval for a proportion
• Choosing appropriate sample size
MID-SEMESTER BREAK
Hypothesis Testing
• The null and alternative hypotheses
8 8 Chapter 10
• Type I and type II errors
• One-tailed and two-tailed tests
• Hypothesis testing – single population mean
9 7.5 Chapter 10
• Hypothesis testing – single population proportion

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 Hypothesis Testing
10 • Hypothesis testing –two independent population means 8 Chapter 11
• Hypothesis testing –two population proportions
11 • Hypothesis testing –dependent samples 7.5 Chapter 11
Analysis of Variance (ANOVA)
• Comparing two population variances
12 8 Chapter 12
• Testing for equality of k population means
• The F-distribution and ANOVA table
Chi-Square
• Goodness-of-Fit Test
13 7.5 Chapter 17
• Limitations of Chi-square
• Contingency Table Analysis
14 Review 6.5

Group Project 10

Scrapbook 5
Total SLT 120

Main references supporting the course

Required
Lind, D. A. et. al. (2015). Statistical techniques in business and economics. 16th Edition. McGraw-Hill.

Additional references supporting the course

Recommended
Nor, L. M. et. al. (2004). Statistics made simple. 2nd Edition. Research Center IIUM.
Prepared by: Checked by: Approved by:


Dr. Izyani Zulkifli Assoc. Prof. Dr. Mohd Nahar Mohd Arshad Prof. Dr. Maliah Sulaiman
Course Coordinator Head Dean
Kulliyyah of Economics Department of Economics Kulliyyah of Economics and
and Management Sciences Kulliyyah of Economics and Management Sciences Management Sciences

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Date of Issued: February 1st, 2017
 At the end of the programme, students should be able to:

1. Demonstrate an understanding of economic knowledge both from conventional

and Islamic perspectives and awareness of contemporary development of the Knowledge
discipline.

2.
Utilize quantitative and qualitative techniques and creative thinking to solve Practical Skills
economic problems.

3.
Cooperate with others in providing solution to problem faced in socially responsible Social skills and
manner for the progress of the nation and the ummah. Responsibilities

4.
Value, Attitudes,
Demonstrate behavior consistent with professional ethics and Islamic values. Professionalism

5.
Demonstrate effective communication skills with mutual respect. Communication

6. Develop, implement and evaluate basic strategies and action plan. Problem Solving and
Scientific Skill

7. Recognize the importance of continuing professional development and changes in Information

economics. Management and
Lifelong Learning

8.
Managerial and
Be creative and innovative in managerial and entrepreneurial endeavors. Entrepreneurial

9
Leadership and
Demonstrate effective leadership skills imbued with Islamic value. Team Skills

110
Islamisation of knowledge; integrating the values, principles, and practices of Islam Islamisation of
into the field of business and economics knowledge (IOK)

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