Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Advices For Economics' Students - 1

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 would be misleading to say that human beings are the only subject of Economics. After all, we know that among some animal species, a primitive version of barter economics exists. So, we can conclude that human beings and animal species that tend to be gregarious are the subjects of Economics. Below, I tried to explain all the important facts that an Economics student must consider. 

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

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...