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.

Summer courses allow students to take classes and earn academic credit hours during the summertime, when most students are on break. Many schools offer seasonal courses to help students move through their educational programs faster and to gain important skills and knowledge.