EC80742: Introduction to Econometrics (ODeL)

Econometrics is the application of statistical and mathematical methods to economic data, helping us test theories, measure relationships, and make informed predictions. Its scope covers regression analysis, hypothesis testing, time series, and more—tools that connect abstract economic models with real-world evidence. As students, you can expect to sharpen analytical skills, learn how to handle data critically, and gain the ability to evaluate policies and business decisions with empirical rigor. In essence, econometrics equips you with the bridge between theory and practice, preparing you for both academic research and professional problem‑solving.