What do we mean by econometrics? Econometrics is the field of economics in which statistical methods are developed and applied to estimate economic relationships, test economic theories, and evaluate plans and policies implemented by private industry, government, and supranational organizations. Econometrics encompasses forecasting–not only the high-profile forecasts of macroeconomic and financ...

The social context can have a large impact on economic decisions. The theoretical challenge is to formulate a model that encompasses both social and economic decisions in a meaningful manner. We discuss the incorporation of social context into neoclassical economic models using social institutions. We also discuss the relationship between social institutions, social capital, and the social valu...

The paper designs an indigenous module to upgrade the media literacy among high school students utilizing the “multimedia education”, “the cultural studies”, the theory of “New London Group” and “the political media literacy” by Ferguson. The method used is in two categories, documentary and survey. The population comprises of the tenth and eleventh graders in the 2nd region of the ministry of ...

Sustainable education refers to knowledge delivery that ensures a balanced national development which encompasses both economic and social as well human needs perspective [...]