THOUGHT FOR THE DAY
Change
"Everyone thinks of changing the world, but no one thinks of changing himself."
- Leo Tolstoy
TOPIC OF THE DAY
Econometrics
Econometrics is a discipline which combines mathematics with the study of economics to analyze information and work with mathematical models to explore scenarios and theoretical situations. The study of econometrics tends to be especially strong on statistics, with statistics being a powerful tool when it comes to analysis, and it requires comfort in the fields of both economics and mathematics. This academic pursuit was created in the 1930s, when numerous mathematicians started to explore mathematical relationships in the economic world. Today, it is offered at numerous educational institutions, and leading researchers in this field can be found all over the world.
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