In the past, economics is primarily
focused on numbers and statistics.
However, with the introduction of
qualitative and quantitative economics
research, economics has evolved from the
neo-classical theories and instead can
now be easily understood and
meaningfully presented with the
analytical forecasts of the numbers and
statistics that are produced.
Qualitative economics refers to a
direction of change in some economic
variable as related to change of some
other economic variable. On the other
hand, quantitative economics uses a
range of complex mathematical and
statistical procedures to analyze
economic phenomena. These techniques
help economic analysts explain economic
issues and understand human actions,
group interactions and communities.
The QQE conference is dedicated in
providing researchers, academicians and
students with a thorough understanding
of the core techniques of quantitative
and qualitative economics as well as
their strengths and limitations.
29 Nov 2011 / 488 views / 9 subscribers
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