Scribd Logo
Upload

Welcome to Scribd!

  • 11 views

    Econometrics LawFi

    Uploaded by

    Loves You
    This document outlines the basics of econometrics. It discusses that econometrics involves using economic measurements to test hypotheses and specify mathematical models. It describes the methodology as involving stating a theory, specifying statistical models, obtaining data, estimating parameters, testing hypotheses, forecasting, and using models for policy purposes. Finally, it notes that econometrics can be divided into theoretical and applied categories, each with classical or Bayesian approaches.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content

    You might also like

    Econometrics LawFi

    Uploaded by

    Loves You
    11 views8 pages
    This document outlines the basics of econometrics. It discusses that econometrics involves using economic measurements to test hypotheses and specify mathematical models. It describes the methodology as involving stating a theory, specifying statistical models, obtaining data, estimating parameters, testing hypotheses, forecasting, and using models for policy purposes. Finally, it notes that econometrics can be divided into theoretical and applied categories, each with classical or Bayesian approaches.

    Original Description:

    Original Title

    Econometrics_LawFi

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document outlines the basics of econometrics. It discusses that econometrics involves using economic measurements to test hypotheses and specify mathematical models. It describes the methodology as involving stating a theory, specifying statistical models, obtaining data, estimating parameters, testing hypotheses, forecasting, and using models for policy purposes. Finally, it notes that econometrics can be divided into theoretical and applied categories, each with classical or Bayesian approaches.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    11 views8 pages

    Econometrics LawFi

    Uploaded by

    Loves You
    This document outlines the basics of econometrics. It discusses that econometrics involves using economic measurements to test hypotheses and specify mathematical models. It describes the methodology as involving stating a theory, specifying statistical models, obtaining data, estimating parameters, testing hypotheses, forecasting, and using models for policy purposes. Finally, it notes that econometrics can be divided into theoretical and applied categories, each with classical or Bayesian approaches.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 8

    BASIC

    ECONOMETRICS

    A Presentation by: LawFi


    AGENDA
    1WHAT IS ECONOMETRICS

    2METHODOLOGY OF ECONOMETRICS

    3TYPES OF
    ECONOMETRICS
    WHAT IS
    ECONOMETRICS

    ECONOMETRICS
    =
    ECONOMIC MEASUREMENTS
    METHODOLOGY OF
    ECONOMETRICS
    1. STATEMENT OF 2. SPECIFICATION OF
    THEORY OR MATHEMATICAL
    HYPOTHESIS MODEL OF THE
    THEORY

    3. SPECIFICATION OF 4. OBTAINING THE


    STATISTICAL, OR DATA
    ECONOMETRIC
    MODEL
    METHODOLOGY OF
    ECONOMETRICS
    5. ESTIMATION OF THE 6. HYPOTHESIS
    PARAMETERS OF TESTING
    THE ECONOMETRIC
    MODEL

    7. FORECASTING OR 8. USING THE MODEL


    PREDICTION FOR CONTROL OR
    POLICY PURPOSES
    TYPES OF
    ECONOMETRIC
    S
    ECONOMETRICS MAY BE
    DIVIDED INTO TWO BROAD
    CATEGORIES: THEORICAL
    ECONOMETRICS AND APPLIED
    ECONOMETRICS. IN EACH
    CATEGORY, ONE CAN
    APPROACH THE SUBJECT IN
    THE CLASSICAL OR BAYESIAN
    TRADITION
    THANK YOU!

    You might also like