How is E-Views used for Economic Studies

The study of economics involves a lot of numerical calculations and statistical analysis and the E-views software is ideal for helping scholars in this field with such investigations. It does not take long for an economist to learn to use the interface and start building projections and simulations. The data handling tools allow comparison between different financial models, which is such an important task in the job profile of an economist.

Statistical analysis, working with graphs and large spreadsheets and conducting tests on the data is every day work for the economist. This application is adept at working with a variety of statistical functions whether it is tests of equality, cross tabulation, factor analysis, estimating uniqueness, building histograms or time series tools.

The best part is that the application supports a variety of input and output options, which means that the economist can access data from any source and also present it in the manner that he deems appropriate to his superiors. The economist can also make use of the improved tools for managing variables in a model, which means that the factors can be changed as per the change in the economic scenario and the change in the nature of the study.

Category : Modelling
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