Spring 2023 - ECON 233 D100

Introduction to Economic Data and Statistics (3)

Class Number: 3372

Delivery Method: In Person


  • Course Times + Location:

    Tu 12:30 PM – 2:20 PM
    SWH 10041, Burnaby

  • Exam Times + Location:

    Apr 22, 2023
    3:30 PM – 6:30 PM
    EDB 7618, Burnaby

  • Prerequisites:

    MATH 150, MATH 151, MATH 154, or MATH 157, with a minimum grade of C-; 15 units. MATH 150, MATH 151, MATH 154, or MATH 157 may be taken concurrently with ECON 233.



Introduces statistical methods, concepts and their application to economic data using both spreadsheets (e.g., Excel) and a specialized statistical programming language such as R. Students who have taken ECON 333 first may not then take this course for further credit. STAT 270 or BUS 232 will be accepted in lieu of this course.


This course introduces the basics of probability and statistics for economics students. Like STAT 270 or BUS 232, it satisfies the lower-division statistics requirements for the economics major. It differs from these courses in two important ways:

  1. We will emphasize the use of economic data to answer economic questions, and
  2. We will learn to use both Excel (the standard tool in the business world) and R (a more powerful package for statistical analysis that is increasingly used in the business and academic world, and is the main tool used in ECON 333).
  3. Topics:

    1. Data cleaning with Excel
    2. Probability and random events
    3. Random variables
    4. Data analysis with Excel
    5. Statistics
    6. Estimation and asymptotics
    7. Statistical inference
    8. Using R (including R Markdown, the Tidyverse, and ggplot)
    9. Multivariate data analysis


  • Quizzes 10%
  • Assignments 20%
  • Two Midterm exams 40%
  • Final Exam 30%



Brian Krauth, Introductory Statistics for Economics.  Free e-book.


Your personalized Course Material list, including digital and physical textbooks, are available through the SFU Bookstore website by simply entering your Computing ID at: shop.sfu.ca/course-materials/my-personalized-course-materials.

Department Undergraduate Notes:

Please note that, as per Policy T20.01, the course requirements (and grading scheme) outlined here are subject to change up until the end of the first week of classes.

Final exam schedules will be released during the second month of classes. If your course has a final exam, please ensure that you are available during the entire final exam period until you receive confirmation of your exam dates. 

Students requiring accommodations as a result of a disability must contact the Centre for Accessible Learning (CAL) at 778-782-3112 or caladmin@sfu.ca.


Registrar Notes:


SFU’s Academic Integrity website http://www.sfu.ca/students/academicintegrity.html is filled with information on what is meant by academic dishonesty, where you can find resources to help with your studies and the consequences of cheating. Check out the site for more information and videos that help explain the issues in plain English.

Each student is responsible for his or her conduct as it affects the university community. Academic dishonesty, in whatever form, is ultimately destructive of the values of the university. Furthermore, it is unfair and discouraging to the majority of students who pursue their studies honestly. Scholarly integrity is required of all members of the university. http://www.sfu.ca/policies/gazette/student/s10-01.html