EES 400: FUNDAMENTALS OF ECONOMETRICS I

Institution KENYATTA UNIVERSITY
Course ECONOMETRICS AND STA...
Year 1st Year
Semester Unknown
Posted By Codred Agencies
File Type pdf
Pages 81 Pages
File Size 1.82 MB
Views 2049
Downloads 3
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Description

Econometrics is the social science that applies the tools of economic theory, mathematics and statistical inference to analyze economic phenomena and to estimate causal relationships among variables i.e. how a change in one variable affects the other. Thus, econometrics combines economic theory, mathematics and statistics.
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