Publication Details
Issue: Vol 2, No 2 (2025)
Pages: 189-193
ISSN: 2997-9404

Abstract

Econometrics is a branch of economics that applies statistical methods and mathematical models to analyze economic data. It combines economic theory, mathematics, and statistical techniques to quantify and test hypotheses about economic relationships. Econometric analysis is used to study various economic phenomena, including supply and demand, consumer behavior, investment decisions, financial markets, and macroeconomic trends.

Keywords
economic theory mathematics statistical techniques