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.

A country situated to the southern tip of Africa, South Africa has a rich culture that you will never get enough of while touring or studying here. The languages here include Afrikaans and English, as well nine other official languages. The campus life of the vast South African University, University of Johannesburg or any other university will be mind blowing. You will love the tropical climate and interacting with other students from South African and from around the world

Requirements for the PhD program often involve the student having already obtained a Master’s degree. Additionally, a thesis or dissertation primarily consisting of original academic research must be submitted. In some countries, this work may even need to be defended in front of a panel.