The purpose of the present paper is to investigate the diversity of research strength for Australian universities in the broad discipline areas of economics, econometrics , finance and accounting.
Disciplines such as statistics and econometrics are continually developing new techniques of analysis, whilst some techniques are developed within the social sciences themselves.
They recognized that these were not yet perfect, but believed that the shortcomings at that time could be remedied through further development of statistics, econometrics and the use of powerful computers.
This issue has two book reviews, both concerned with econometrics and forecasting.
Using both economic theory and econometrics he argues that the years after World War II displayed strong evidence of home market effects.
This is largely true when it comes to statistical analysis, econometrics , and mathematical programming.
For that matter, mainstream microeconomists or game theorists might be puzzled as well, for our authors aren't really describing economics but rather econometrics .
A more serious objection, for the business economist practitioner, to the unmodified adoption of time series analysis is that it pushes econometrics away from economics.
As its technical complexity has increased, knowledge of econometrics and mathematics has become necessary.
The requirement to complete courses in mathematics and econometrics to proceed beyond Principles level has reduced the discipline's appeal to many potential students.