Willkommen auf der Homepage der Professur für Ökonometrie /
Welcome to the Homepage of the Chair of Econometrics

Hier finden Sie Informationen über die Forschung und Lehre an der Professur für Ökonometrie. /
On this page you find information about the research and teaching activities at the chair of econometrics.


What is Econometrics?

Econometrics aims to give empirical content to economic relations for testing economic theories, forecasting, decision making, and for ex post policy evaluation. It is the unification of statistics, economic theory and mathematics that constitutes econometrics. Each view point, by itself is necessary but not sufficient for a real understanding of quantitative relations in modern economic life.

 (Source: Badi H. Baltagi, Econometrics, Springer, 4th Ed)

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