Financial word of the day: Heteroscedasticity describes a situation where risk (variance) changes with the level of a ...

Learn how hedonic regression helps estimate factors affecting prices in real estate and consumer goods, aiding in precise valuation and quality adjustment.

One of the Austrian arguments against using mathematics to model economic phenomena is that there are no constants in ...

Economists develop economic models to explain consistently recurring relationships. Their models link one or more economic variables to other economic variables (see “Economic Models,” p. 8). For ...

The field of econometrics and statistical methods encompasses a suite of techniques designed to quantify economic relationships, test theories using real-world data, and forecast future trends. This ...

This course is compulsory on the BSc in Economics and Economic History, BSc in Finance, BSc in Philosophy and Economics and BSc in Politics and Economics. This course is available on the BSc in ...