What is Econometrics? | Econometrics 101: Lesson 1 | Think Econ

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  • Опубликовано: 1 окт 2024

Комментарии • 40

  • @ThinkEcon
    @ThinkEcon  2 года назад +9

    Don't forget to like the video and subscribe if this is content you find helpful and look forward to in the future! Just a friendly reminder that there are download links for R and RStudio in the description, so check those out if you want to get a head start. Once again, those programs are FREE, and the most common for econometric work!

  • @starkknado
    @starkknado Год назад +11

    As someone taking AP Micro, AP Macro, & AP Stats, I love the idea of a subject that incorporates elements from all three. Excited to undergo this learning journey!

    • @ThinkEcon
      @ThinkEcon  Год назад +3

      It's a challenging course, but if you love those 3 subjects individually, you'll really enjoy it!

  • @Robert_Shakhnazarian
    @Robert_Shakhnazarian 3 дня назад

    I found this video very informative and very helpful in helping me grasp the main concepts of Econometrics. It’s essentially the use of economic theory and mathematical and statistical models to quantify (estimate the amount/number of) economic events and their respective causal effects. There are a lot of particular examples of application of econometrics, such as the relationship between class sizes and student performance. In order to quantify the questions related to the field, econometricians collect and analyze specific data utilizing surveys, experiments, government publications, etc. The most important part is to adequately analyze the data, focusing on the causal effect that displays the outcome of a given action in a perfectly conducted experiment. Additionally, the video elaborated on the 3 main types of data: Cross-Sectional, Time Series, and Panel data, depending on the number of entities and single/multiple time periods.
    I would love to connect my future life with econometrics, as I’m tremendously curious about exploring my knowledge in Economics, Probability, Statistics, and Programming.

  • @nooralmutairi1848
    @nooralmutairi1848 2 года назад +8

    finally an helpful econometrics video please continue! thank you so much

    • @ThinkEcon
      @ThinkEcon  2 года назад +1

      We appreciate the kind feedback :) Glad you find it helpful

  • @jevonowen-kennedy5750
    @jevonowen-kennedy5750 Год назад +6

    For the algorithm

  • @StephanieHughesDesign
    @StephanieHughesDesign 6 месяцев назад +1

    Great series. Thanks. Are there assigned textbooks and materials for this course? E.g., De la Fuente, et al.?

  • @priyanshijoshi1394
    @priyanshijoshi1394 Месяц назад +2

    very good video very easy to understand👍👍👍

  • @AbdirahmanSAbdisalan
    @AbdirahmanSAbdisalan 2 года назад +4

    Please cover all the topics- go deep down equations and problems etc

    • @ThinkEcon
      @ThinkEcon  2 года назад +6

      We've got the next Econometrics 101 video dropping soon!

  • @christophhenry6815
    @christophhenry6815 10 дней назад

    Very Informative.

  • @daviesibrahim8358
    @daviesibrahim8358 5 месяцев назад +1

    Thanks for the video, it was insightful and fun

  • @homelandtv.24
    @homelandtv.24 Год назад +3

    Excellent work, thanks to the team.

  • @arinzeanajemba1005
    @arinzeanajemba1005 4 месяца назад +2

    Excellence 😊

  • @nefisayusuf6649
    @nefisayusuf6649 Год назад +2

    Thank you!!!has helped alot.

  • @NisoPIAKAL
    @NisoPIAKAL Год назад +1

    Thanks for putting this out here. Looking forward to how the rest of the videos stitch together this rather difficult concept. 😅

  • @shiferawtariku5439
    @shiferawtariku5439 Год назад +1

    Thank you very much drar

  • @ruchisharma3504
    @ruchisharma3504 Год назад +1

    VERY GOOD , IT IS DIFFICULT, BUT GOOD EFFORT

  • @akuaagyeiwaa-afrane5223
    @akuaagyeiwaa-afrane5223 2 года назад +3

    This is great for beginners!

    • @ThinkEcon
      @ThinkEcon  2 года назад +1

      That's exactly what we're going for! We appreciate the affirmation :)

  • @faroukbensaidcac
    @faroukbensaidcac 3 месяца назад

    Great job thank you a lot ❤ please continue 🙏

  • @josepholamideochepo3818
    @josepholamideochepo3818 Год назад +1

    Nice and really simplified

  • @steveokon
    @steveokon Год назад +1

    Great

  • @JustinMfaume
    @JustinMfaume 2 месяца назад

    Please do more videos on Econometrics

  • @MichaelPalumbo-tl6tu
    @MichaelPalumbo-tl6tu Год назад

    When is the next Econometrics 101 lesson 2.4?

  • @Abhishek-kg3jr
    @Abhishek-kg3jr Год назад

    Where are the other videos sir can't find the playlist 😭

  • @anthropo1
    @anthropo1 Год назад +1

    Thank you so much for this content!

    • @ThinkEcon
      @ThinkEcon  Год назад +1

      You're very welcome! Glad you found it helpful!

  • @omenkaloveth4554
    @omenkaloveth4554 Год назад +1

    Very explicit.

    • @ThinkEcon
      @ThinkEcon  Год назад +1

      We try to make it clear and concise!

  • @RichardHansonNiiOkai
    @RichardHansonNiiOkai 8 месяцев назад

    great

  • @zeyadelhalaby5282
    @zeyadelhalaby5282 2 года назад

    Thanks please complete the series

  • @sulaimanauwalahmad4754
    @sulaimanauwalahmad4754 7 месяцев назад

    Please how can I get all the remaining videos on economic 101

    • @ThinkEcon
      @ThinkEcon  6 месяцев назад

      We have a pledge system set in place to continue the series. You can find it by following this link: www.ablebees.comwww.ablebees.com/ssr/petitions/d8863414-971f-4893-abee-78104e5747d9

    • @LuxuriantWood
      @LuxuriantWood 2 месяца назад +1

      @@ThinkEcon it has already expired

    • @ThinkEcon
      @ThinkEcon  2 месяца назад +1

      @@LuxuriantWood My understanding is that you're able to start a new pledge if the old one has expired