Abstract
Matrix algebra was covered in the linear regression, multiple regression section and simultaneous equations models. I have used simple examples to facilitate your learning experience. Econometrics is basically related to economic measurement. It is the application of statistics and mathematics to economic or financial data to obtain and interpret numerical results. Econometricians are economic and financial analysts that are interested in numerical estimation of the relationship between economic or financial variables. It is a discipline that goes beyond expressing only economic or financial theory through mathematical equations. It is focused on the empirical estimation of these mathematical equations.
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