Econometrics uses mathematical models to analyze the effects of various government policies on economic variables. These variables include wages, prices, and other economic factors. Using mathematical equations, the econometrician determines the effect of government policies on the behavior of economic agents.
Econometrists are experts in the study of fundamental economics. They can help students who are planning a career in this field with their knowledge of how economies operate and with their training in the use of mathematical equations. Students interested in this type of education should enroll in an accredited university that offers this course.
The major course required for graduation is called ECON 50. The requirements will vary according to which universities offer this course. Some universities require that students complete a dissertation before they can graduate and take the exam. Others have no dissertation requirement at all.
The core course in ECON 50 is called ECON 101. This introductory course teaches students the theory and history of economics and the methods used by economists. ECON 101 will provide a basic understanding of how economic factors influence the behavior of economic agents. It is not necessary for students to take any other courses or to earn any graduate credits to complete this course.
The second course required for graduation is called ECON 232. This course helps students understand how the decisions an economic agent makes can have a major impact on the outcomes that occur in the economy. In ECON 232 students will learn how various economic factors affect the determination of what decisions the agent makes and the effect those decisions have on the economy. These are important topics that can be studied individually or with ECON 101.
The third course required for graduation is ECON 260. This course covers a variety of important topics in ECON 50 and ECON 101. This includes some advanced topics that students might find useful for other careers. as, well as general topics that students should know about if they hope to be economists or to write on economics in the future.
At the end of the four year program, students will need to take a final exam that is similar to those that students take in business schools. This exam is sometimes called a dissertation defense and it can be taken at the end of the student’s career in ECON 250. This dissertation defense is a prelude to the actual examination required for graduation. The exam usually consists of four parts, each covering a different aspect of ECON 260 and a different method of evaluating it.
The fifth course required for graduation is a course known as ECON 332. This course is similar to that in business school where students must take a final examination after completing the five courses listed above.
Students who do well on these first five courses and pass the final exam will earn a B average. The average is calculated using the weighted grade point system. There are some differences in this method than in the normal system used in business schools. The weighted average is used for the first five courses and the average of the remaining courses is calculated using a more complicated weighting system.
After earning a B average, the students will have earned four years of study at the program. The number of credit hours that they will need to finish their degree depends on the total number of credits required for a Bachelor of Science Degree in ECON 250, and the number of years that they wish to complete their degree.
If a student wants to go on to earn a Master of Science in ECON, they will need to earn a Master’s degree in ECON 250. This means that they have taken all of the courses required in ECON 250, plus their fourth year of study, plus an additional two years. They can then apply for a PhD in ECON 250. The number of credits required for a Master’s degree in ECON is the same as that of a Bachelor’s degree.