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Econometrics Assignment Help, Homework Help

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Econometrics:

Econometrics is a specialized branch of social sciences in which various tools of mathematics and statistics are used and it helps in analyzing economic problems. Econometrics is basically concerned with the experimental verification of economic theory. It is method to define the relationship between key economic factors such as wages, capital, population, bank interest rates, and fiscal & monetary policies. It is a method to study economic relationships formed by a combination of economic theory and statistical techniques.

The author Wooldridge has defined Econometrics as:

"The development of statistical methods for estimating testing economic theories, economic relationships, and evaluating and implementing government and business policies."

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Scope for Students:

Mastering in econometrics helps an individual in determining and successfully carrying out the procedure which includes correct specification of models, manipulation of data to avoid errors knowledge of various methods of estimation, and testing of hypothesis.

In real practice economic relationships are tested by using combination of statistics and economic theory.

Statistical methods which are used in Econometrics are as follows:

Linear regression
Regression analysis

Various Data Sets to which Econometric Analyses can be applied:

Time-series data
Panel data
Cross-sectional data
Multidimensional panel data

Classification of Econometric analysis (based on number of relationships modeled):

Simultaneous equation methods
Single equation methods

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Topics covered by our Econometrics Assignment Help experts:

Regression Equation

Conditional Variance

Linear Regression

Least Squares Estimation

Normal Regression Model

Model in Matrix Notation

Gauss-Markov Theorem

Multicollinearity

Sampling Distribution

Asymptotic Normality

Covariance Matrix Estimation

T-Tests

Confidence Intervals

F-Tests

Monte Carlo Simulation

Testing for Heteroskedasticity

Forecast Intervals

NonLinear Least Squares

Quantile Regression

The Bootstrap

Asymptotic Expansions

Univariate Time Series

Multivariate Time Series

Kernel Density Estimation

Asymptotic Transformations

Email Based Econometrics Assignment Help - Econometrics Homework Help

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