What is Econometrics? | Econometrics 101: Lesson 1 | Think Econ

This video is the first lesson in our brand new series: Econometrics 101. In this video we answer the question: "What is Econometrics?" as well as discuss the introductory econometric concepts such as estimating causal effect, primary vs secondary data, and the 3 types of data used in econometrics: cross-sectional, time-series, and panel (longitudinal) data!
If you enjoyed the content, let us know by liking, commenting, sharing, and subscribing to the channel. We currently release weekly videos on Thursdays covering all things ECONOMICS!
If you have a great idea that you'd like featured, let us know in the comment section.
If you're interested in daily content, consider following us on Twitter or Instagram.
Twitter: / thinkeconyt
Instagram: / thinkeconyt
------ Links to Download and Install R and RStudio ------
Download R on Mac link: cran.r-project.org/bin/macosx
Download R on Windows link: cran.r-project.org/bin/windows
Install RStudio link: www.rstudio.com/products/rstu...
---------------------------------------------
Enjoy, and have a great weekend!
~The THINK ECON Team
#University #Econometrics
KEYWORDS:
Think Econ, Economics, Econometrics, Econometrics 101, econometrics lecture, econometrics lesson, econometrics introduction, econometrics for beginners, econometrics academy, econometrics and quantitative economics, econometrics and data science, econometrics and mathematical economics, econometrics assignment, econometrics and economic data, econometrics and statistics, applied econometrics, advanced econometrics, applied econometrics lecture, econometrics basic concepts, econometrics basics, econometrics beginners, basic econometrics lecture, basic econometrics concepts, business econometrics, econometrics chapter 1, econometrics concepts, econometrics explained simply, economics and econometrics, economics vs econometrics

[@ThinkEcon]

Don't forget to like the video and subscribe if this is content you find helpful and look forward to in the future! Just a friendly reminder that there are download links for R and RStudio in the description, so check those out if you want to get a head start. Once again, those programs are FREE, and the most common for econometric work!

[@starkknado]

As someone taking AP Micro, AP Macro, & AP Stats, I love the idea of a subject that incorporates elements from all three. Excited to undergo this learning journey!

[@ThinkEcon]

It's a challenging course, but if you love those 3 subjects individually, you'll really enjoy it!

[@rolandperry3444]

Excellent work, thanks to the team.

[@nooralmutairi1848]

finally an helpful econometrics video please continue! thank you so much

[@ThinkEcon]

We appreciate the kind feedback :) Glad you find it helpful

[@NisoPIAKAL]

Thanks for putting this out here. Looking forward to how the rest of the videos stitch together this rather difficult concept. 😅

[@JustinMfaume]

Please do more videos on Econometrics

[@zeyadelhalaby5282]

Thanks please complete the series

[@josepholamideochepo3818]

Nice and really simplified

[@arinzeanajemba1005]

Excellence 😊

[@ruchisharma3504]

VERY GOOD , IT IS DIFFICULT, BUT GOOD EFFORT

[@shiferawtariku5439]

Thank you very much drar

[@daviesibrahim8358]

Thanks for the video, it was insightful and fun

[@faroukbensaidcac]

Great job thank you a lot ❤ please continue 🙏

[@anthropo1]

Thank you so much for this content!

[@ThinkEcon]

You're very welcome! Glad you found it helpful!

[@akuaagyeiwaa-afrane5223]

This is great for beginners!

[@ThinkEcon]

That's exactly what we're going for! We appreciate the affirmation :)

[@steveokon]

Great

[@nefisayusuf6649]

Thank you!!!has helped alot.

[@ThinkEcon]

Glad to hear it!

[@AbdirahmanSAbdisalan]

Please cover all the topics- go deep down equations and problems etc

[@ThinkEcon]

We've got the next Econometrics 101 video dropping soon!

[@jevonowen-kennedy5750]

For the algorithm

[@ThinkEcon]

Respect 🤟

[@StephanieHughesDesign]

Great series. Thanks. Are there assigned textbooks and materials for this course? E.g., De la Fuente, et al.?

[@RichardHansonNiiOkai]

great

[@Abhishek-kg3jr]

Where are the other videos sir can't find the playlist 😭

[@MichaelPalumbo-tl6tu]

When is the next Econometrics 101 lesson 2.4?

[@omenkaloveth4554]

Very explicit.

[@ThinkEcon]

We try to make it clear and concise!

[@sulaimanauwalahmad4754]

Please how can I get all the remaining videos on economic 101

[@ThinkEcon]

We have a pledge system set in place to continue the series. You can find it by following this link: www.ablebees.comwww.ablebees.com/ssr/petitions/d8863414-971f-4893-abee-78104e5747d9

[@user-di4yl3mk9c]

@@ThinkEcon it has already expired

[@ThinkEcon]

@@user-di4yl3mk9c My understanding is that you're able to start a new pledge if the old one has expired