ECO 5100 Introductory Statistics and Econometrics
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Econometrics as per the course ECO 5100 Introductory Statistics and Econometrics is often "theory driven" while statistics tends to be "data driven". Actually, econometricians test theory implementing data, but often do little if any exploratory data analysis.
Econometrics also as per the course ECO 5100 Introductory Statistics and Econometrics basically deals with the measurement of economic relationships. It is an integration of economics, mathematical economics and statistics with an intension to offer numerical values to the parameters of economic relationships.
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