Econometrics Explained Simply

Econometrics Explained Simply

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Well, you’ve probably heard or even read about econometrics and how it is useful in providing information about economic policy issues based on available economic data. Indeed, that is what it does, and it is quite an interesting topic to explore. You do not, however, have to be an economist to explore this field and use the knowledge you acquire from it to understand everyday economic problems.

In a broad sense, econometrics is a natural science, social science, and business science si...