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.

After completing their high school education, students have the ability to earn an undergraduate certificate. This academic program typically offers courses that focus on a specific concentration so that students can increase their knowledge and skills in a particular area.