Statistics for Economists

This first course in statistics is designed for undergraduate students. There are dozens of statistics textbooks in the market. But most of these textbooks are either pitched at a level that is too high or too low for most undergraduate students. Many use calculus and are designed for graduate students in technical fields. Others provide black box formulas without any derivations. This textbook focuses on deriving everything from first principles without using calculus or linear algebra. It is important for students to understand why they are doing what they are doing. Otherwise students cannot distinguish meaningless results from significant results. This textbook gets to the major points quickly and is thus relatively short and very accessible.