#3 Different Steps in Econometric Analysis | Part 1 | Introduction to Econometrics
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#3 Different Steps in Econometric Analysis | Part 1 | Introduction to Econometrics
Welcome to 'Introduction to Econometrics' course ! This lecture defines econometrics and explains what constitutes economic data. Economic data arises from economic decision-making processes, like individuals deciding how much to consume based on their income. The lecture emphasizes that econometrics uses statistical software to analyze ...
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