Your guide to know everything you need about studying Econometrics
What you need to know about Econometrics
Econometrics is the exploration of economic phenomena using extensive data to assess various economic theories and models. The outcomes of these assessments inform financial decision-making and the implementation of economic policies.
Drawing on principles from Mathematics, Economic Theory, and Statistics, Econometrics is divided into two main branches: Theoretical Econometrics, which aims to develop new methods and testing systems, and Applied Econometrics, which applies existing Econometrics theory to address practical issues such as business challenges, unemployment, economic growth, and financial predictions.
An Econometrics degree typically covers subjects like Probability Theory, Micro and Macroeconomics, Linear Algebra, Mathematical Analysis, Finance, Statistics, Operations Research, Regulations and Antitrust, International Economics, and Modeling.
Econometrics Careers
- Accountant
- Auditor
- Compliance or Regulatory Affairs Worker
- Economics Teacher
- Multinationals Worker
- Public Offices Worker
- International Economic Organisations Worker
- Academia Worker
