Econometrics // Lecture 1: Introduction

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  • Опубліковано 7 лис 2024

КОМЕНТАРІ • 240

  • @50shekels
    @50shekels 3 роки тому +280

    Dude i dont even know what econometrics are but im really fucking high and this is great thank you

    • @johnappleseed8146
      @johnappleseed8146 3 роки тому +10

      Im high and an econ major. Heard this is gonna kill me later in my degree. Can't wait.

    • @willemklaassen9735
      @willemklaassen9735 3 роки тому +1

      @@johnappleseed8146 lmao in my country econometrics is a whole ass bachelor, shits crazy

    • @NightDawnDusk
      @NightDawnDusk 2 роки тому

      joe

    • @user-pp8xq7wr5p
      @user-pp8xq7wr5p 2 роки тому

      @@willemklaassen9735 are you Dutch?

    • @gualterguai
      @gualterguai 7 місяців тому +2

      @@user-pp8xq7wr5p did you relly just ask william klaassen if he was dutch

  • @Lifestylespiration
    @Lifestylespiration 8 років тому +163

    You saved me, I never understand what my lecturer teaches, but this made me like Econometrics

  • @007gurubengalooru
    @007gurubengalooru 8 років тому +253

    i have the worst professor for this class, I gotta study by my self you've done an amazing job explaining. its so simple in this video

    • @roffpoff8221
      @roffpoff8221 8 років тому +5

      +Guru Guru wrong sir , I got the definite worst pro , if you don't believe me I can provide recordings ;)

    • @pratiksapkota5083
      @pratiksapkota5083 8 років тому +6

      +roff poff both of you are wrong. I am the worst pro. i am here for training.

    • @mobai123
      @mobai123 8 років тому +9

      +Guru Guru LOL mine don't even know how to speak English properly, beat that

    • @XtremeKillah101
      @XtremeKillah101 8 років тому +4

      +roff poff all 4 of you are wrong, my prof is barely comprehensible due to her thick accent, and she cant explain properly

    • @voineaadi
      @voineaadi 7 років тому +1

      Shut up! You're making me cry!

  • @ricreusaurelius4163
    @ricreusaurelius4163 2 роки тому +8

    Graduated 1/2 years ago. Im here to re learn the subject. Its amazing once you understand the power of data analytics.

  • @enfueego
    @enfueego 9 років тому +96

    I wish you would do basic statistics leading into econometrics. It would be very helpful.
    I learned quite a bit with your OLS and Goodness of Fit. Econometrics is my final class before graduating, so your tutorials are extremely helpful.

    • @bikramadityaghosh1450
      @bikramadityaghosh1450 4 роки тому

      ua-cam.com/video/VZFasn389so/v-deo.html

    • @SyedAli-Javaid
      @SyedAli-Javaid Рік тому +4

      Exactly the same condition as yours. Econometrics is my last subject too before graduating, lol. How's the life sir after graduating any tips?

    • @ДимашР-к7г
      @ДимашР-к7г Рік тому

      I feel you guys😂 exact same situation

    • @Jobayyyy
      @Jobayyyy 21 день тому

      @@SyedAli-Javaiddo you have any advice?

  • @dragoscozma7801
    @dragoscozma7801 6 років тому +607

    i find the fact that i understood more from a random guy on the internet than i understood from my professor that boasts 10000 diplomas and 1000 teaching courses, very disturbing.

    • @lavergadezambada
      @lavergadezambada 6 років тому

      Dragos Cozma me too lol

    • @amoldixit2697
      @amoldixit2697 6 років тому

      touche

    • @hawkins9326
      @hawkins9326 5 років тому +7

      Exactly my thoughts. This guy deserves my tuition, not my professor

    • @Explorer982
      @Explorer982 5 років тому +40

      To some extent the more qualified someone is the worse they can be at teaching because they forget how difficult it is when you are first learning it. However, also consider that when you youtube a tutor you are not seeing the material for the first time, and also the controllable and more comfortable circumstances in which you are viewing. If this guy had been your prof, and your prof had been the videotutor, the effect may have been similar.

    • @ragemsaid8697
      @ragemsaid8697 5 років тому

      Dragos Cozma sotrue

  • @preeti6961
    @preeti6961 4 роки тому +9

    Thank you for making this video. I'm studying econometrics for an Internship, this is really going to help me.

  • @RichardLeGeek
    @RichardLeGeek 2 місяці тому +1

    This guy is teaching me more than college lecturers... Thank you sir

  • @goodshortvideos9647
    @goodshortvideos9647 16 днів тому +1

    Going to university is a waste of time, I learned from this guy more than my teacher

  • @KeynesAcademy
    @KeynesAcademy  11 років тому +24

    We will be uploading lots of videos! The material in our tutorials will cover everything including graduate school courses in math and economics. Our next video on OLS and Goodness-Of-Fit is now up!

    • @Cricologist15
      @Cricologist15 2 роки тому

      When, sir?

    • @ej8dx
      @ej8dx 11 місяців тому

      and you uploaded nothing after 2013

  • @hueguy
    @hueguy 3 роки тому +5

    Hey thank you for taking the time to explain the materials. This video really gives me a good idea what to expect for my uni course!

  • @OFJahren96
    @OFJahren96 6 років тому +5

    Great video series! He does a very good job of explaining things. It's a shame there's only three videos

  • @zanareyahsalim5572
    @zanareyahsalim5572 11 років тому +8

    Hai Chris,i m really thankful on how you explain everything in such a simplest way.I hv to admit i am now taking my master in econs and u know this subject is a compulsory. I remenber that I had taken this subject 8 years ago.Your explanation and tutorial was superb & helpful! you made it all attractive and interesting..good job, keep up your good job and i am really really really looking forward for your next tutorial..yeah! i am officially your fan now :)

  • @noormasarwe7124
    @noormasarwe7124 6 років тому +1

    you are a life saver!THANK YOU, I just had my first econometrics in Chinese and had no idea what the professor was saying

  • @babusaigilu1207
    @babusaigilu1207 10 років тому +38

    I am among of those who like to listen lectures through videos and get knowledge from different instructors

  • @WPaKFamily
    @WPaKFamily 4 роки тому +5

    i love the catchy outro music. Subscribed. Also, I changed my major from Mathematics to Economics and minored in Math.

  • @klairehoang667
    @klairehoang667 4 роки тому +6

    Most suitable for this quarantine time. Keynes Academy and chill, cause my oh my your explanations calm all my anxiety

  • @nyashathandi
    @nyashathandi 5 років тому +6

    Oh my goodness! You’re really good! I’m self-teaching and this is just the best channel 🙌🏾

  • @KeynesAcademy
    @KeynesAcademy  11 років тому +14

    Thank you, I appreciate your feedback! If you have any specific questions, or are in need of a video tutorial, comment or send me a message and I will get back to you as soon as possible.

    • @annabellefrost9264
      @annabellefrost9264 4 роки тому

      why is u negative

    • @xxibgdrgn62
      @xxibgdrgn62 4 роки тому

      @@annabellefrost9264 i dont know if this is still from importance to you but it is negative due to the actual value of observation is below the regression line. If you would compare the value of the line to an exact value above the line then u would have been positive.

    • @annabellefrost9264
      @annabellefrost9264 4 роки тому

      @@xxibgdrgn62 thank you this helps!

  • @doaaabdo4854
    @doaaabdo4854 6 років тому +1

    You have an amazing way to make the most hardest subjects simple to understand thanks

  • @jackiea.7971
    @jackiea.7971 6 років тому +1

    Thanks for the video! I was watching this because this class was recommended to me and I wanted to get a sense of what it was about.

  • @MorriganSlayde
    @MorriganSlayde 4 роки тому +6

    This was so simpl thank you! I'm excited to become an economatician, I actually understand all of this and enjoy it! :) I was worried I'd picked the wrong major, but now I feel more secure I'm doing the right degree.

  • @Star-dz3ei
    @Star-dz3ei 2 роки тому

    Thank you for so simply explaining linear regression and how it will be used in an Intro to Econometrics college class. I have to take this class in about 6 months or so and I was scared shi$less. I've take. Statistics and worked my tail off and got an A. Im hoping to do well then in my Econometrics class. Thank you so much for the example of using the wages as y and other variables like education and experience. That example made the equation seem less threatening and overwhelming. Thank you🙌

  • @soomin913
    @soomin913 11 років тому +6

    Thank you! Ive just started studying econometrics and i think this is going to be a big help! Definitely subscribing :)

  • @tayibabdiaden4675
    @tayibabdiaden4675 4 роки тому +1

    This is amazing material and very beneficial to the economic students but we are requesting you Professor to complete the course please.

  • @SamTuyishime
    @SamTuyishime 2 місяці тому

    Incredible lecturing now am interested in econometrics due to this wonderful lecturing

  • @kalcivar5
    @kalcivar5 4 роки тому

    12 minutes!!! best 12 minutes instead of 2 hours that I spent trying to understand that awful book + 2 hours of lecture. Thank you!

  • @lisalasoya2898
    @lisalasoya2898 Рік тому

    What comes to mind is linear of econometrics of finance, on the other hand, an application of statistical methods in economics. What I was touching on was a reverse gravitation method by way of statistical methods, which drew my attention to this but no cigar as to what my basic search was; however this is very interesting.

  • @elisamarconell9991
    @elisamarconell9991 3 роки тому +2

    im studying for my macro exam tomorrow, but I thought this may be more fun... thanks!

  • @gracegithua1030
    @gracegithua1030 5 років тому +1

    I now understand what econometrics is basically about. Very helpful video.

  • @1ladypinx
    @1ladypinx 9 років тому +23

    please do more video's your sooo good at explaining

    • @Roosyer
      @Roosyer 9 років тому +1

      +1ladypinx you're

    • @crapmarine
      @crapmarine 8 років тому

      +Corvux IX you missed 'videos' :D

  • @tarikahembram2993
    @tarikahembram2993 3 роки тому +1

    Very Useful love from India

  • @ECONOMIST95
    @ECONOMIST95 Рік тому

    Excellent. Simple words and easy explanation. Highly appreciate the efforts.

  • @alinabexariyeva6206
    @alinabexariyeva6206 3 роки тому +2

    Thank you, where is new video?

  • @sambhavjain6101
    @sambhavjain6101 8 років тому +3

    you have the best way of explaining ecotrix. Please do post more videos.

  • @Galaxyraz
    @Galaxyraz 2 роки тому +1

    What should I do? I can't understand anything from what my professor is teaching in economitric course 😭😭

  • @kizitobukenya6057
    @kizitobukenya6057 5 років тому

    Thank you indeed. A few minutes in the introduction are more than enough to put some in context

  • @sriganesh_sharma
    @sriganesh_sharma 3 роки тому

    This guy is a legend for this one.

  • @supersaiyan4530
    @supersaiyan4530 8 років тому +2

    i have no idea of what my professor says in the class omg he's the worst. thank you for making this, so much help!

  • @peteburns8352
    @peteburns8352 4 роки тому

    Excellent instructional video! I’m curious, What platform were you using with this “blackboard”?
    Thank you!

  • @dharnie9861
    @dharnie9861 4 роки тому +1

    Well explained for easy understanding

  • @Pyrrhic.
    @Pyrrhic. 11 років тому

    Keynes was a mathematic genius

  • @user-zk1ou5xn2m
    @user-zk1ou5xn2m 6 місяців тому

    Thx! Easy to understand how what I learned in stat class and economic systems integrate for business ops and profit

  • @ezekielasogyire1635
    @ezekielasogyire1635 11 місяців тому

    Wow! Cool chop. Chris, you are good.

  • @عالماميزهرةوابنتها

    The best like from your mother Zahra and her daughter Elham wishes you success and success.

  • @delickxn
    @delickxn 8 років тому +3

    thank you for making this video! please make more of these!

  • @wasimasadia4887
    @wasimasadia4887 7 років тому

    omg.this is so simple.... you r really good at explaing..thanks a ton

  • @edwardchilufya511
    @edwardchilufya511 8 років тому +1

    very calm and excellent in explaining.kindly do more vidios.

  • @alexwk9830
    @alexwk9830 11 місяців тому

    Listen People! Data science is the new econometrics. Economics in general is being replaced with maths, statistics, and data science. Econometrics won't get you employed but data science/ big data always will.

  • @deepapatel28
    @deepapatel28 9 років тому +8

    This was a great video! Very helpful.

  • @lylasyzh123
    @lylasyzh123 Рік тому

    Incredible Guide!

  • @ayalnehworkie9555
    @ayalnehworkie9555 6 років тому

    Very interesting course for any economic analysis and nice lecture method

  • @sekyereotabil7929
    @sekyereotabil7929 8 місяців тому

    I pray this video will make Econometrics easier for me

  • @KeynesAcademy
    @KeynesAcademy  11 років тому

    Hey, this is Chris from Keynes Academy! Have you enrolled in an econometrics class? Join your classmates and stay ahead of the curve by subscribing! All questions and feedback are welcome -- Please comment, message or e-mail us your thoughts!

  • @doriaaa19
    @doriaaa19 4 роки тому +1

    I would love to pay for more tutorials!!! So brilliant! LOL

  • @sdwjx
    @sdwjx 11 років тому +1

    we need more videos..keynes!

  • @RickSesman
    @RickSesman 2 роки тому

    simple and easy to understand ... Thank you

  • @KeynesAcademy
    @KeynesAcademy  11 років тому

    Hi Matt, this is Chris from Keynes Academy! Unfortunately, uploading a complete analysis of econometrics in the next 24 hours will not be possible. However, we put a rush on the next video in order to help you out. You can find the link to the next video on Simple Linear Regressions in the video description or on our channel page.
    Any specific questions can be e-mailed to keynesacademy@gmail.com for a quick answer. I hope this is of some help! Good luck! Please subscribe and like!

  • @KeynesAcademy
    @KeynesAcademy  11 років тому +3

    Please comment with any questions and/or feedback!

  • @dewiandriyani5340
    @dewiandriyani5340 9 років тому +3

    very helpful :), I study econometrics on my graduate program of public policy now

  • @llcoolkatgee211
    @llcoolkatgee211 9 років тому +2

    Well explained and easy to understand, thank you

  • @davisclute7705
    @davisclute7705 3 роки тому

    Really good, nice job explaining simply.

  • @wasalanuwansenarathn
    @wasalanuwansenarathn 2 роки тому +4

    I'm afraid this is very confusing

  • @truonghongnhung
    @truonghongnhung 6 років тому +1

    I wish you would do more videos on Econometrics, :).

  • @waleedkakar3309
    @waleedkakar3309 2 роки тому

    can you make more videos please so we can understand and pass this course

  • @junetongliu9640
    @junetongliu9640 5 років тому +2

    Wow I love his voice !

  • @clivemairura6191
    @clivemairura6191 5 років тому

    lectures are generally good

  • @daisyjaiswal9720
    @daisyjaiswal9720 6 років тому

    I've doubt.. if u is under the regression line it is negative but what if u is above the line..?

  • @nourhanfouadabdelazim8029
    @nourhanfouadabdelazim8029 4 роки тому

    why not uploading more videos :(

  • @pegykartesiou5530
    @pegykartesiou5530 6 років тому

    Excellent explanation!

  • @amiexpo
    @amiexpo 11 років тому +2

    Hi Chris when is our next video coming thx

  • @annabellefrost9264
    @annabellefrost9264 4 роки тому

    why is the u negative

  • @fildzahhaziminauli6573
    @fildzahhaziminauli6573 8 років тому +1

    Thanks for making this video! Such helps for my Econometrics class :")

  • @TheVoltman1
    @TheVoltman1 11 років тому

    How many videos will you guys be uploading?

  • @jaykfrisby8163
    @jaykfrisby8163 3 роки тому

    Lol I have a professor with a terrible accent. So probably going to be on this channel a lot for this class.

  • @Hey_Seuss_is_no_DeusExMachina
    @Hey_Seuss_is_no_DeusExMachina 9 місяців тому +1

    I love watching kids explain as much as they can about challenging subjects in order to develop their own understanding. Nice work! You’ll catch on to more concepts and economic storytelling once you start writing in R and SAS!

  • @muradismailov9702
    @muradismailov9702 6 років тому

    Everything is good but it would be better if you give some problem sets to solve at the end. Anyway, thank you that was really interesting.

  • @juadal12
    @juadal12 9 років тому +2

    Thank you for the video. It helped me a lot.

  • @andylam9098
    @andylam9098 8 років тому +3

    GooD Video. More clearly than my professor. I have not learnt anything from the class. Thanks to your explain. However, I need to have a exam the day after Tomorrow. cry...

    • @sayibuissah613
      @sayibuissah613 5 років тому

      Hahaha....man ur tuition is screwed....hope u made it to the end of the tunnel. Schooling can sometimes knock face down with piles of hard to digest stuff that u're required to justify or demonstrate understanding within a short time...exam. Most of this things are understandable after u left school and come to terms with work related assignments with a good mentor to pull u along

    • @lesliehans4169
      @lesliehans4169 2 роки тому

      L9l99l9l99o9l9

    • @lesliehans4169
      @lesliehans4169 2 роки тому

      Olo

    • @lesliehans4169
      @lesliehans4169 2 роки тому

      9

    • @lesliehans4169
      @lesliehans4169 2 роки тому

      Oo9oooooo9l99l

  • @semajm-k2493
    @semajm-k2493 6 років тому

    Great explanation!

  • @goalupdate2157
    @goalupdate2157 8 років тому +2

    what is the software and hardware to make a tutorial like this?

    • @dailycode2364
      @dailycode2364 7 років тому +2

      I think that he is using a graphic tablet, which is designed for graphic designers and photoshop and recording videos with bandicam or something...
      or he might be using just a regular tablet with android or smth and recording video with android app...

  • @ZungRing
    @ZungRing 10 років тому +3

    It's so nice. Thanks.

  • @White9Zombie
    @White9Zombie 11 років тому +1

    AAAAAAAAAAAA!!! I neeeed sooooo much help!!! i have an exam of 5th of july and if i fail i have to do this year again since i'm final year!!!

  • @graceagwu5269
    @graceagwu5269 4 роки тому +1

    Wow, I really fine this very useful, I love it.

  • @prestontarkington9588
    @prestontarkington9588 7 років тому

    Why do you only say there are 3 types of economic data? are there not 4?

  • @mm22sapphire50
    @mm22sapphire50 8 років тому

    is it possible for me to do a dependent variable equal to value of mergers and acquisitions and make independent variables as number of transactions and number of companies and economic growth ?

  • @JADEFERAROCK
    @JADEFERAROCK 5 років тому

    GREAT CLASS!!!...THANKS A LOT!

  • @meseretassefa3828
    @meseretassefa3828 8 років тому

    thanks with this video it is Very brief and understandable

  • @JaBa23BatEverythingForYou
    @JaBa23BatEverythingForYou 6 років тому

    if i will not pass econometrics it's will be my mistake or mistake of teacher? : )

  • @vijispathshala6595
    @vijispathshala6595 3 роки тому

    Very informative video

  • @annefrank7820
    @annefrank7820 7 років тому

    anyone know the name of the song at the end?

  • @snowflower1081
    @snowflower1081 7 років тому +1

    It's great, thanks for explaining!

  • @kathrynrobinson9026
    @kathrynrobinson9026 7 років тому

    anyone know what kind of software KA uses to make these vids?

  • @ymoga87
    @ymoga87 9 років тому +2

    This video was very helpful!! thanks a lot :)

  • @alefcoimbra1440
    @alefcoimbra1440 8 років тому +2

    Excellent video! Can I master econometrics even not being an economics student? I'm an Industrial engineering student but I'm very interested in financial markets, and I know some basics concepts of micro and macroeconomics.

    • @roryboytube
      @roryboytube 5 років тому +1

      financial maths and econometrics are not the same thing. You might be better studying quantitative finance

  • @bhawanapaudel5986
    @bhawanapaudel5986 8 років тому

    thanks a bunch....very helpful to understand

  • @jameschatchuka1239
    @jameschatchuka1239 8 років тому

    Can you please do more of these videos

  • @arpananepal5261
    @arpananepal5261 4 роки тому

    Thank you very much for this video!

  • @mohammedalqahtani7644
    @mohammedalqahtani7644 2 роки тому

    Many thanks man!

  • @rivanileproductions1
    @rivanileproductions1 11 років тому

    thank you very much.... this was very helpful