Browsing by Subject "econometrics"

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    Quantitative methods for economics
    (2011) Eyal, Katherine
    Mathematical economics involves the application of mathematics to the theoretical aspects of economic analysis, while econometrics deals with the study of empirical observations using statistical methods of estimation and hypothesis testing. These two are complementary - theories must be tested against empirical data for validity and statistical work needs economic theory as a guide in order to determine the appropriate direction of research. This resource contains tutorials and solutions for mathematics and econometrics and can be used by educators or students in introductory economics courses.