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: https://cran.r-project.org/bin/macosx Download R on Windows link: https://cran.r-project.org/bin/windows Install RStudio link: https://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