Econometrics is a division of economics that uses the linear regression model, along with other mathematical formulas, to provide statistical analysis of many different economic policies and methods. Econometrics is necessary to help determine whether or not intended policies will actually develop as intended in the real world.

An Associate of Arts degree is the stepping-stone for many students. After focusing on a field of study for two years at a vocational, technical, or community college, students can go onto finding better careers or earning a higher degree.