Linz, Austria

Economics and Statistics

Table of contents

Economics and Statistics at Johannes Kepler University (JKU)

Language: English Studies in English
Subject area: economy and administration
University website: www.jku.at
Type: PhD/Doctoral programme
Academic degree: Doctor of Philosophy, PhD
Duration: 6 semesters / 180 ECTS

Definitions and quotes

Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Statistics
Statistics is a branch of mathematics dealing with the collection, analysis, interpretation, presentation, and organization of data. In applying statistics to, for example, a scientific, industrial, or social problem, it is conventional to begin with a statistical population or a statistical model process to be studied. Populations can be diverse topics such as "all people living in a country" or "every atom composing a crystal". Statistics deals with all aspects of data including the planning of data collection in terms of the design of surveys and experiments. See glossary of probability and statistics.
Statistics
To understand God's thoughts we must study statistics, for these are the measure of his purpose.
Florence Nightingale, quoted in Karl Pearson, Life of Francis Galton, vol.II, ch.xiii, sect.i
Statistics
There are two kinds of statistics, the kind you look up and the kind you make up.
Archie Goodwin, in Rex Stout's Nero Wolfe novel Death of a Doxy (1966)
Economics
Economics is a subject that really relates to core aspects of human well-being, and there’s a methodology for thinking about these things. This was a very appealing combination to me. Market systems are capable of massive breakdowns that can result in long, devastating periods of high unemployment. And I felt that economists had really learned something about how to address that.
Janet Yellen, in "The Hand on the Lever" in The New Yorker (July 21, 2014) by Nicholas Lemann
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