About This Course
The Aim of Actuarial Statistics CS1 is to provide a grounding in Mathematical and Statistical methods that are of relevance for Actuarial work. It equips the student with knowledge of Statistical Distributions, methods to summarize data, regression models and the fundamental concepts of Bayesian Statistics.
The aim of the Business Economics subject is to introduce students to the core economic principles and how these can be used in a business environment to help decision making and behavior. It provides the fundamental concepts of microeconomics that explain how economic agents make decisions and how these decisions interact. It explores the principles underlying macroeconomics that explain how the economic system works, where it fails and how decisions taken by economic agents affect the economic system.