This course combines the study of economics and econometrics with a wide range of optional units offered from across the school.
Econometrics is the branch of statistics that economists use to verify or disprove theories and analyse the impact of policies and events on the future health of the economy. It has been developed because, unlike physical sciences where controlled experiments are used to determine the effect of one thing on another, it is impossible to hold the economy constant while tinkering with a single variable. Econometrics provides the scientific means to overcome this issue using empirical observations.
Econometrics will require you to use applied mathematical and statistical skills to analyse economic data. If you are interested in economics and want to have a good understanding of how economists test economic theories, as well as how that may inform the development of policy, then econometrics may be the subject for you.