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Kuban State Agrarian University is a university located in Krasnodar, a city in southern Russia.

Journal Article

Journal article

MODERN ECONOMETRIC METHODS - INTELLECTUAL TOOLS OF ENGINEERS, MANAGERS AND ECONOMISTS  [2016]

Orlov A. I.; Bauman Moscow State Technical University [Corporate Author]

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Statistical methods are widely used in domestic feasibility studies. However, for most managers, economists and engineers, they are exotic. This is because modern statistical methods are not taught in the universities. We discuss the situation, focusing on the statistical methods for economic and feasibility studies, ie, econometrics. In the world of science, econometrics has a rightful place. There are scientific journals in econometrics, Nobel Prizes in Economics are awarded to series of researches in econometrics. The situation in the field of scientific and practical work and especially the teaching of econometrics in Russia is disadvantaged. Often, individual particular constructions replace econometrics in general, such as those related to regression analysis. In econometrics we select three types of scientific and applied activities: development and study of methods of applied statistics, taking into account the specifics of economic data; development and study of econometric models, in accordance with the specific needs of economic science and practice; the use of econometric methods for statistical analysis of specific economic data. This article describes these three types of scientific and applied activities. We discuss the specificity of economic data. We show the importance of economic non-numeric values. We discuss the statistics of interval data - scientific direction at the joint of metrology and statistics. We give the representation of th
e econometric models. Problems of application of econometric methods are considered as an example of inflation. We discuss the statistics and econometrics as the field of scientific and practical activities. We have examined econometric methods in practical and training activities

From the journal

Polythematic Online Scientific Journal of Kuban State Agrarian University

ISSN : 1990-4665