Econometrics is the branch of economics that applies statistical methods to economic data. The two branches of econometrics include theoretical econometrics and applied econometrics. Students who always had an inclination towards the learning of mathematics must opt for econometrics in college. The career fields after studying econometrics include data analyst, finance analyst, economist, education, and research. Many companies provide…

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Economic growth is the expansion in merchandise and Services created by an economy or country, considered for a particular timeframe. The ascent in the nation’s yield of merchandise and ventures is consistent and steady and might be brought about by an improvement in the nature of instruction, enhancements in innovation or in any capacity if there is a worth expansion in products and enterprises which is created by each area of the economy.

It very well may be estimated as a rate…