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Earn +20 ptsQ: Why do we use statistics in economics?
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What statistics use in economics?
Calculus to produce Quantative data
What are the sub-branches of economics that relies on fields of statistics and mathematics?
Some of the sub-branches of economics that rely on fields of statistics and mathematics are econometrics, transport economics, managerial economics and international economics.
What is economatics?
econometric is the mixer of statistics, mathematics and economics.
How much math is needed in economics?
It is recommended that an economics student take calculus, linear algebra and mathematical statistics.
The relationship between statistics and economics?
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