Econometrics Can Show New Ways of Understanding Higher Education Sector
We know econometrics is a specialized branch of economics where mathematical and statistical methods and models are applied in economics in understanding past, present, and future trends. There is nothing new in the application of economic theories and hypotheses. Even the father of economics Adam Smith had used the subject in predicting the future trends in higher education. Economics helps the experts and authorities understand which higher education courses will experience higher demands in the market in the future. With the application of econometric models, it is now easier for experts to understand the same matter more precisely. BookMyEssay professionals can also help you in this subject through their .