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Econometrics, by design, can yield correct predictions on average, but only with the help of sound economics to guide the specification of the empirical model. Even though it is a science, with ...
Rather, behavioural economics considers how people are more social and impulsive, less adept at using information, and more susceptible to psychological biases than standard economic models assume.
Course Spotlight - EC212: Introduction to Econometrics. An interview with Summer School student Emma, to hear her thoughts on studying EC212, including the teaching, her highlights and an average day ...