SØK1004 - Statistics for Economists


Examination arrangement

Examination arrangement: School exam
Grade: Letter grades

Evaluation Weighting Duration Grade deviation Examination aids
School exam 100/100 4 hours C

Course content

Data is required to quantify economic relationships and statistical models are used to draw information from data which is characterized by uncertainty and variation. This course covers methods used to analyze such data and include the calculation of probability, model estimation and hypothesis testing.

Learning outcome


You learn

  • probability theory, variation, and uncertainty
  • descriptive statistics, central tendency, and distribution
  • common probability distributions, as the normal distribution and the binominal distribution
  • to formulate hypotheses and to test whether a hypothesis can be rejected
  • regression analysis
  • what a statistical model is, how statistical conclusion can be made, and how the uncertainty in such conclusions can be characterized


You should be able to

  • formulate a probability model based on a verbally unstructured question
  • recognize which, among the most common probability distributions, that is applicable in a given situation
  • perform testing of hypotheses
  • do elementary statistical and econometric analyses on real data

Learning methods and activities

2 hours of lectures and 2 hours of practical assignments every week. The course has compulsory activity. Specific requirements will be announced at the beginning of the term.

Compulsory assignments

  • Approved term paper(s)/exercise(s). Number and requirements will be given at the start of the semester

Further on evaluation

Compulsory activity must be completed in the semester the course is taught. The approval also applies to later semesters.

Required previous knowledge


Course materials

Announced at the beginning of the term

Credit reductions

Course code Reduction From To
SVSØ211 7.5
ST1101 1.5 AUTUMN 2008
ST1201 3.0 AUTUMN 2008
ST0202 7.5 AUTUMN 2011
SØK2900 7.5 AUTUMN 2011
MET1002 5.0 AUTUMN 2019
More on the course



Version: 1
Credits:  7.5 SP
Study level: Foundation courses, level I


Term no.: 1
Teaching semester:  AUTUMN 2024

Term no.: 1
Teaching semester:  SPRING 2025

Language of instruction: English

Location: Trondheim

Subject area(s)
  • Social Science
  • Economics
  • Social Sciences
Contact information
Course coordinator:

Department with academic responsibility
Department of Economics


Examination arrangement: School exam

Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
Autumn ORD School exam 100/100 C INSPERA
Room Building Number of candidates
Spring ORD School exam 100/100 C INSPERA
Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

More on examinations at NTNU