How to Calculate if Practice Actually Makes Perfect

Academics have one job, to advance knowledge within their field. The two ways they do this are by teaching and researching. Both are obviously important because teaching communicates what is already known within the field, while research creates new knowledge. Economic research involves quite a bit of quantitative measurement and seeing if one thing is... Continue Reading →

Introduction to Econometrics – Music Econometrics

Econometrics is one of the most important tools in an economist’s arsenal. Econometric techniques allow economists to test hypotheses in economic theory in the real world and see if they are correct or not. Econometrics is the application of data analysis to economics, the word “Econ” refers to economics and “metrics” refers to quantitative measurement.... Continue Reading →

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