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ECMT 2160 Econometric Analysis

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This ECMT 2160 Econometric Analysis course unit develops foundations for additional advanced study in political economy. It begins with an introduction to algebra, which is a necessary part of the language of political economy. This is often followed by a proper introduction to chance and statistics, leading up to the law of huge numbers and central limit theorem. Finally, these foundations are applied to the study of the regression model, the workhorse of economic science analysis.

The field is packed with extremely technical processes, thus building those skills with acceptable courses might assist you to start. Econometricians use applied mathematics logical thinking to explain these economic relationships, thus you will need mathematical coaching to make and execute these models.

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