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Educational posts about Economics, Econometrics, Finance, Mathematics and more...

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How to Build an Econometric Forecasting Model in R? A Step-by-Step Guide-1

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In this post, I am going to build an econometric regression model in R from scratch. As an example, I have decided to use the monthly unempl...

How To Forecast Using Gretl? A Practical Example -Part Two

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In the first part of this tutorial, we have learned how to check the stationarity of a time series data using multiple methods. Now, we are ...

Advices For Economics' Students - 1

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Economics is a social science. As it is not a positive science such as physics or chemistry, laws of nature can not express it. Yet, it woul...

How To Forecast Using Gretl? A Practical Example -Part One

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 In this post, I tried to explain how to make accurate economic/financial predictions using ARIMA (Auto-Regressive Integrated Moving Average...

Pieces of Advice for the Ideal University Education - 2

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In this post, I continue to explain all facts to achieve an ideal university education. Readers that are interested in the first part are mo...

Pieces of Advice for the Ideal University Education - 1

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This post is about how to achieve an ideal education system in universities. I tried my best to mention  all facts that need to be either ch...

Incredibly Large (But Finite!) Numbers - 1

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What is the largest finite number that you can imagine? Is it all the grains of sand on all beaches in the world? Or, is it the total number...
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