Short Name
Module Code
Module Coordinator
  • Jens Klose
  • Prof. Dr. Martin Schmidt
  • Jens Klose
  • Prof. Dr. Martin Schmidt
Short Description
Descriptive statistics, probability calculus
Learning Objectives

This module is designed to provide students with a basic understanding of the most important statistical methods
applicable to economic problems. These methods will be discussed as to their suitability and limitations. The
corresponding results will be interpreted. Participants will also be shown how to apply these methods themselves.


Description of frequency distribution with the help of frequency tables and curves as well as status and mean error. Use
of the Lorenz concentration measurement for describing income and market concentrations. Systematisation of
dimension and index figures, use of price and share indices, conversion from nominal to real quantities (price
adjustment). Measuring and quantifying the connection between two series of observations based on their respective
correlation as well as their linear and nonlinear regression. Introduction to probability calculus; concept of random
variables, probability function and distribution function. Application for special forms of distribution: binomial distribution,
Poisson distribution, hyper geometric distribution and normal distribution. Drawing statistical conclusions from spot-check
information using the parameter of the whole.

Duration in Semester
Instruction Language
Total Effort
6.0 CrP; an estimated 180 hours, of which approximately 60 are spent in class.
Weekly School Hours
Method of Instruction

lectures, tutorial

Requirements for the awarding of Credit Points

Klausur, teilweise Multiple Choice (Anzahl wird zu Vorlesungsbeginn rechtzeitig und in geeigneter Art und Weise bekannt gegeben)

Evaluation Standard

Grading pursuant § 9 according to provision (Part I of the exam regulations).


• Auer, Benjamin / Rottmann, Horst: Statistik und Ökonometrie für Wirtschaftswissenschaftler, aktuelle Auflage
• Bleymüller, Josef / Gehlert, Günther / Gülicher, Herbert: Statistik für Wirtschaftswissenschaftler, aktuelle Auflage
• Bourier, Günther: Beschreibende Statistik, aktuelle Auflage
• Hippmann, Hans-Dieter: Statistik, Praxisbezogenes Lehrbuch mit Beispielen, aktuelle Auflage
• Lee, Cheng F. / Lee, John C. / Cheng, Alice C.: Statistics for Business and Financial Economics, aktuelle Auflage
• Levine, David M. / Krehbiel, Timothy C. / Berenson, Mark L.: Business Statistics, A first Course, aktuelle Auflage
• Monka, Michael / Schöneck, Nadine / Voß, Werner: Statistik am PC, Lösungen mit Excel, aktuelle Auflage
• Mosler, Karl / Schmid, Friedrich: Beschreibende Statistik und Wirtschaftsstatistik, aktuelle Auflage
• Puhani, Josef: Statistik, Einführung mit praktischen Beispielen, aktuelle Auflage
• Sauerbier, Thomas: Statistik für Wirtschaftswissenschaftler, aktuelle Auflage
• Schira., Josef: Statistische Methoden der VWL und BWL: aktuelle Auflage
• Wewel, Max C.: Statistik im Bachelor-Studium der BWL und VWL; Methoden, Anwendung, Interpretation, aktuelle Auflage

Study Aids

script, exercises, e-learning

Prerequisite Modules
Recommended Prerequisites


Prerequisite for


Prerequisite for Modules