Taking a course in econometrics is an ideal option for those who are interested in studying economic theory and the ways that economics, mathematics and statistics intersect. Individuals in this field test and apply these theories to evaluate policies and create forecasts.
What is a course in econometrics? Academically, this class typically involves an introduction to models and techniques of econometrics, program evaluation and systems of equations. Students learn methods of presenting data, estimation and how to use models in decision-making processes. Topics may involve instrumental variables, multi-dimensional data measurement, linear regression models and measurement error.
Econometrics is beneficial for those who want to complete a degree in econometrics or economics. A student acquires knowledge about topics such as basic data and regression analysis, testing and forecasting. The ability to test economic theories is a skill that is necessary for many professionals, including data specialists, research analysts and consultants.
Universities, schools and other learning institutions around the world offer econometrics courses, and costs vary widely. Before enrolling in a class, a student should contact institutions and gather information about the fees and registration expenses.
There are undergraduate and graduate level programs in econometrics, but the course may also be a part of another field of study, and the direction a student goes will determine the career paths that are available upon graduation. Options may include science, health, environmental research and quantitative analysis. Job titles that require a foundation in econometrics include health economics researcher, quantitative risk specialist, financial analyst and financial engineer.
An econometrics course can be taken as a part of a bachelor’s degree program or on its own. Educational institutions often offer online classes to provide flexibility for students. Individuals who are interested in distance learning options should explore our extensive database to discover the econometrics courses that suit their educational and geographic requirements. Search for your program below and contact directly the admission office of the school of your choice by filling in the lead form.
It is an exciting time to study Economics. If you are concerned with global issues of trade or climate, the collapse of world stock markets and the future of business then Economics is for you. [+]