Welcome to the Economics 250 website.

Welcome, too, to a fascinating subject that will change the way you think about all kinds of interesting questions. Is the world really getting warmer? Are rich people happier? Which party will win the next election? Can we forecast what will happen to the economy next year? Answers to questions like these rely on the tools of statistics, tools that are common to many fields.

We have an excellent book to guide us, and we shall discuss the main ideas and work on some problems in our class meetings, but the only way to really learn statistics is to practice by doing problems. It is best to set aside significant time each week to work on problems on your own rather than waiting until a few days before the final exam.