Q: Why do we use statistics in economics?

Write your answer...

Submit

Still have questions?

Continue Learning about Math & Arithmetic

Calculus to produce Quantative data

Some of the sub-branches of economics that rely on fields of statistics and mathematics are econometrics, transport economics, managerial economics and international economics.

econometric is the mixer of statistics, mathematics and economics.

It is recommended that an economics student take calculus, linear algebra and mathematical statistics.

yar kash pta hota

Related questions

Calculus to produce Quantative data

importance of statistics in field of economics

specifis application of statistics to economics or business

importance of statistics for an economist

Some of the sub-branches of economics that rely on fields of statistics and mathematics are econometrics, transport economics, managerial economics and international economics.

Accounts Ledger, Economics, Business Case Studies, Computers and Printers, Statistics

Economics is strongly linked to finance, and makes use of mathematics and statistics, so I do not see how it can be isolated.

Gerald Keller has written: 'Essentials of business statistics' -- subject(s): Commercial statistics 'Statistics, The Mbook' 'Student solutions manual for Statistics for management and economics' -- subject(s): Economics, Management, Problems, exercises, Problems, exercises, etc, Statistical methods 'Statistics with Management Science' 'Study guide for Statistics for management and economics' -- subject(s): Statistical methods, Study guides, Management, Economics 'Instructor's manual for Statistics laboratory manual'

Probably any that use mathematics - so anything in science and engineering, economics, finance, statistics....

Paul Newbold has written: 'Forecasting in Business and Economics, Second Edition (Economic Theory, Econometrics, and Mathematical Economics)' 'Statistics for business and economics' -- subject(s): Statistical methods, Economics, Statistics, Commercial statistics 'On the incremental benefits of using consolidated accounting data to predict conglomerate earnings' 'Statistics for Business& Economics & Stu CD' 'Introductory business forecasting' -- subject(s): Statistical methods, Business forecasting

William E. Becker has written: 'Statistics for business and economics' -- subject(s): Commercial statistics, Economics, Microsoft Excel (Computer file), Statistical methods, Statistics

econometric is the mixer of statistics, mathematics and economics.