Econometrics is a division of economics that uses the linear regression model, along with other mathematical formulas, to provide statistical analysis of many different economic policies and methods. Econometrics is necessary to help determine whether or not intended policies will actually develop as intended in the real world.

An advanced certificate is awarded after completing a post-Master’s scholastic program. It is ideal for individuals who would like further training within their occupation in order to improve their chances for a promotion or to increase their workplace responsibilities.