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The course provides students with statistical tools widely applied in the contemporary financial, microeconomic and macroeconomic analysis in analyzing real life data. In addition to the mathematical statistics and econometrics courses, this course addresses main issues in collection, processing, compilation, dissemination, and analysis of economic data, namely measuring and understanding of: 1) real sector and labour market; 2) foreign and financial sector; 3) social development; and 4) key growth determinants.