 LSE approach to econometrics

The London School of Economics and Political Science (LSE) has a distinctive approach to econometrics that emphasizes rigorous theoretical foundations while also focusing on practical applications. Here are some key aspects of the LSE approach to econometrics: 1. **Theoretical Framework**: LSE places a strong emphasis on the underlying mathematical and statistical theories that form the basis of econometric methods. Students are encouraged to understand the assumptions and limitations of different econometric techniques.