Econometrics - Theory and Practice

This course provides an introduction to econometrics, focusing on its scope, foundational concepts, and practical applications in analyzing economic relationships. Learners will begin by exploring the distinctions between economic models and econometric models, gaining an understanding of how theory and data intersect in empirical research. The course introduces regression analysis, starting with simple linear regression involving one dependent and one independent variable, enabling students to examine the nature and strength of relationships between economic variables. In addition to core ec…