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What is Econometrics?

Econometrics is part of the economic as a science, which deals with the statistical (empirical) modelling of economic theories (hypotheses) in order to explain, confirm or disprove economic theory empirically.

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Democracy in Modernity

How modern is democracy?
Is the modern global society the Democracy we want and the World in which the future generations would like be born into? The current society needs to familiarize itself with the principles of democracy, amidst the current trend in society to neglect the willingness to diplomatic cooperative and constructive dialogue between different views and ideologies.

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