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By Dr Nivash Jeevanandam
Econometrics studies the relationship between statistical analysis and empirical data. It examines economic variables using mathematical models to make predictions and projections and to explain frequently occurring events.
Econometrics is the study of using statistical methods to look at economic data and solve problems. As a broad term, it covers many different areas of economics. For example, in addition to the traditional ideas of economics, it looks at how the global market works now. For people interested in any area of econometrics, journals, associations, and books give an excellent introduction to the subject and a more in-depth explanation of concepts.
We have compiled a list of online resources where you can study econometrics in depth.
Econometrics Academy
The Econometrics Academy is a non-profit organization that aims to provide free econometrics education. The content on this website and YouTube channel are accessible to anyone without charge. Our mission is to provide free Econometrics education to anyone in the world who is self-motivated to learn.
MIT open courseware
The course will cover some of the most important models and methods used in modern econometrics for identifying and estimating things. We’ll start by looking at some of the essential models in econometrics. Then we’ll look at structures and give ways to identify, estimate, and conclude. Finally, you will have a lot of opportunities to try out the methods on real data sets.
Econometrics: Methods and Applications – Coursera
This course is taught by Erasmus University Rotterdam and has a rating of 4.6 stars from over 1.5 million students. The course teaches econometrics, which will help you make more accurate predictions and better decisions in many fields, from marketing to finance. It goes over all kinds of regression, from simple to multivariate, and has all the materials you’ll need for this course. It also has interactive video lessons and several quizzes within the videos to help you make sure you understand the material. It is an advanced course; to take it, you need to know a lot about statistics, probability, and matrices. It will talk about these topics in the Building Blocks module, but it will be beneficial to learn the basics before then. The “Enjoyable Econometrics” course at Erasmus University Rotterdam is an excellent way to brush up on the basics.
Crunch Econometrics
CrunchEconometrix is an online place to learn about ideas, models, tools, and econometrics software. This platform is made for people who are new to econometrics and data analysis and want to learn more about them. It teaches essential econometrics and data analysis tools on various online learning platforms.
Explaining the Core Theories of Econometrics – Udemy
This course is an introductory course in econometrics for college students. It is excellent for those who want to learn econometrics in a way that makes sense. This course has four hours of video that you can watch whenever you want, thirteen resources you can download, lifetime access, mobile and TV access, and a certificate of completion.
Econometrics: Simple Linear Regression – Udemy
This course will help you learn the fundamentals of econometrics. It is, therefore, one of the best courses for you if you are new to Econometrics and find it difficult or get lost in mathematical notations and equations. To be proficient in Econometrics, you must comprehend how each concept and equation makes sense. In this course, your instructor will demonstrate how to accomplish this.
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Senior Research Writer at INDIAai
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