The application of statistical and mathematical theories to economics for the purpose of testing hypotheses and forecasting future trends. Econometrics takes economic models and tests them through statistical trials. The results are then compared and contrasted against real-life examples.
Econometrics can be subdivided into two major categories: theoretical and applied. Econometrics uses tools such as frequency distributions, probability and probability distributions, statistical inference, simple and multiple regression analysis, simultaneous equations models and time series methods. An example of a real-life application of econometrics would be to study the hypothesis that as a person's income increases, spending increases.
Key Concepts in Econometrics:
Autocorrelation
Cointegration Modelling
Dummy Variable
Estimation and Inference
Estimators and Distributions
Functional Forms and Structural Change
Gneralized Method of Moments
Heteroskedasticity
Hypothesis Testing
Linear Regression Model
Multiple Regression Analysis
Multicollinearity
Ordinary Least Square
Specification and Measurement Error
System of Equation
Time Series Analysis
Volatility Modelling
Advanced Econometrics
http://ies.fsv.cuni.cz/cs/syllab/JEM005
Econometrics Academy
https://sites.google.com/site/econometricsacademy/
Econometrics Analysis
http://pages.stern.nyu.edu/~wgreene/Text/econometricanalysis.htm
Econometrics Book
http://bookboon.com/en/econometrics-ebooks
Econometrics by TV
http://www.learnerstv.com/Free-economics-Video-lectures-ltv385-Page1.htm
Econometric Resource on the Internet
http://www.oswego.edu/~kane/econometrics/
Econometric Theory
http://korora.econ.yale.edu/et/
Econometrics Society
https://www.econometricsociety.org/
Econometrics Toolbox
http://www.mathworks.com/products/econometrics/
Econometric Theory
http://en.wikibooks.org/wiki/Econometric_Theory
Introduction to Econometrics
http://www.pearsonhighered.com/stock_watson/
Introduction to Econometrics
http://wps.aw.com/aw_stock_ie_2/0,12040,3332253-,00.html
Principles of Econometrics
http://principlesofeconometrics.com/poe4/poe4.htm
