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Econometrics, by design, can yield correct predictions on average, but only with the help of sound economics to guide the specification of the empirical model. Even though it is a science, with ...
Econometrics uses economic theory, mathematics, and statistical inference to quantify economic phenomena. In other words, it converts theoretical economic models into useful tools for economic ...
I also reviewed some basic econometrics tutorials to brush up on the fundamentals, so I wouldn’t feel lost in class and could focus on learning new things. This interview was written by one of our ...
The objective of this course is to provide the basic knowledge of econometrics that is essential equipment for any serious economist or social scientist.
The founding fathers of the Econometric Society defined econometrics to be quantitative economic theory. A vision of theirs was the use of econometrics to provide quantitative answers to business ...
Once composed primarily of college and university professors in economics, the American Economic Association (AEA) now attracts 20,000+ members from academe, business, government, and consulting ...