ECON 6190
Vrije Universiteit Amsterdam (VU)
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STATISTICS-PROBABILTY THEORY NOTES 26th Dec 2022
- Class notes • 9 pages • 2022
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Time analysis. Quantitative analysis consists of mathematical modelling of economic theory and
empirical study of economic data. This is due to the cumulative sort of many generations
of economists in their efforts to make economics a science, something like or close to physics,
chemistry and biology, which can make accurate forecasts. Economic theory, when formulated
via mathematical tools, can achieve its logical consistency among assumptions, theories, and its
implications. Indeed, as Ka...
Class notes
STATISTICS-PROBABILTY THEORY NOTES 26th Dec 2022
Last document update:
ago
Time analysis. Quantitative analysis consists of mathematical modelling of economic theory and empirical study of economic data. This is due to the cumulative sort of many generations of economists in their efforts to make economics a science, something like or close to physics, chemistry and biology, which can make accurate forecasts. Economic theory, when formulated via mathematical tools, can achieve its logical consistency among assumptions, theories, and its implications. Indeed, as Ka...
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