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Re:Econometrics In R by anigbrowl on Friday May 08, 2009 @04:10AM (#599353)
Out of curiosity, why not something like Mathematica?
Re:Econometrics In R by schtono on Friday May 08, 2009 @06:10AM (#599429)
I've had mainly 3 reasons to switch to R:

(1) It's free

(2) It has a huge repositoriy of libraries. There's hardly anything that you can't do with R. In my special case it was about hazard-rate models, which are barely implemented in other tools that I tried (namely EViews, SPSS)

(3) It has a BIG community behind it, which you can ask for help once you're stuck. I haven't found this kind of "service" in other software (namely, again, EViews).

Re:Econometrics In R by lamnk on Friday May 08, 2009 @06:00AM (#599420)
Because Mathematica costs at least $2000+ and R is free software. That makes R more suitable for teaching purpose.
Re:Econometrics In R by amoeba on Friday May 08, 2009 @12:05PM (#599799)
Almost the only reason you'd need to use R. I cringe when professors ask their students to use non-free software when equivalent or better free alternative exist.