Econometrics are the study of using math (especially statistics-based modelling) in order to describe economic systems. If you are struggling to keep up with your classmates in this challenging course, Varsity Tutors can find you a qualified Econometrics tutor to help you pursue your academic goals.
Here are some of the central concepts you may review during Econometrics tutoring sessions:
- The Value of Estimators
- Statistic Significance
- Economic Forecasting
- Developing Econometric Models
- Multiple Linear Regressions
- Finding Natural Experiments
- The Limitations of Econometrics
Unlike other sciences, economists cannot conduct a controlled study to prove or disprove anything. Therefore, part of the discipline is searching economic history for a situation that serves as a reasonable experiment in retrospect. This is easier said than done however, as your sample must be unbiased and pertinent to the topic being studied in order to offer any statistical significance. Your Econometrics tutor can walk you through successful and unsuccessful experiments to help you distinguish between them.
Econometrics tutoring also proceeds at your pace. If you understand the value of estimators but have a harder time with the math behind multiple linear regressions, your sessions can concentrate on the math side. Perhaps your tutor provides practice problems to give you more experience, or maybe they draw examples from your hobbies in an effort to make sessions more engaging. Either way, your tutor never needs to leave a topic behind without your approval, giving you all of the time you may need.
Private college econometrics tutoring enables students to customize their learning environment as well. If your cell phone or the presence of other people in the room often distract you from your studies, they may be removed. Likewise, your tutor can accommodate your preference for background noise. Most importantly, you receive your tutor's undivided attention during study sessions. If you have a pressing question, your tutor can get back to you in an expedient manner.
If you found this page via an internet search for "Econometrics tutoring near me," you have found the powerful educational resource you have been searching for. Varsity Tutors connects students with professional private tutors who fit their scheduling and academic criteria, virtually ensuring a good fit. We also offer an exclusive Live Learning Platform that harnesses features such as video chat functionality and a virtual whiteboard to take face-to-face studying online. Contact us today to learn more about just how convenient Econometrics tutoring can be!