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What is Objectives and Scope of Econometrics about?

This document outlines the scope and objectives of an econometrics course. It discusses how econometrics applies mathematical and statistical methods to economic data to empirically estimate economic relationships and models. The main tasks of econometrics are researching economic processes, developing forecasts, choosing appropriate factors for models, and selecting and constructing mathematical-statistical models. The course will cover features of econometric models, variable selection, relationship struc

Author

Tilahun Girma

Language

EN