Current debates in economics & econometrics

Econometrics is a field of study that uses economics, mathematics and statistics to study
economics. Econometrics is born as a scientific field after the great economic crisis of
1929. On this date, recession became depression and the classical economists of the
day were inadequate for the solutions. Keynessian economics and econometrics were
born on this date. The macro viewpoint has begun to settle instead of the classical
viewpoint. Econometrics reveals economic relations mathematically and establishes
causality relations between economic variables. Ant it is used in many fields of study
such as economy, finance, labor economics and marketing.
This book includes some studies on economics and econometrics. In this section these
studies are briefly summarized.