03.08.2009

Econometrics is derived from several disciplines, including mathematical economics, statistics, economic statistics, and economic theory. The goal of econometrics is twofold: to give economic theory empirical data and to empirically verify it. It is a study that produces measurements, where qualitative data is turned into quantitative mathematical forms. Once this is performed, these statements can then be empirically proven, disproven, measured, and compared

Comprise cash, current asset investments, finance leases, currency and interest rate derivative financial instruments and short- and long-term borrowings

05.07.2009

From game theory where one side wins all and one side loses