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Econometrics - Econometrics Unleashed Mastering Data-Driven Economics - cover

Econometrics - Econometrics Unleashed Mastering Data-Driven Economics

Fouad Sabry

Publisher: One Billion Knowledgeable

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Summary

What is Econometrics
 
The field of econometrics involves the utilization of statistical techniques to analyze economic data with the objective of providing empirical evidence to economic relationships. More specifically, it refers to "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference." In a textbook that provides an introduction to economics, econometrics is described as a tool that enables economists to "sift through mountains of data to extract simple relationships." In the field of econometrics, Jan Tinbergen is identified as one of the two founding fathers. That other individual, Ragnar Frisch, was also the one who first used the phrase in the manner that it is used today.
 
How you will benefit
 
(I) Insights, and validations about the following topics:
 
Chapter 1: Econometrics
 
Chapter 2: Least squares
 
Chapter 3: Gauss-Markov theorem
 
Chapter 4: Regression analysis
 
Chapter 5: Consistent estimator
 
Chapter 6: Instrumental variables estimation
 
Chapter 7: Probit model
 
Chapter 8: Ordinary least squares
 
Chapter 9: Simple linear regression
 
Chapter 10: Seemingly unrelated regressions
 
Chapter 11: Breusch-Pagan test
 
Chapter 12: Cochrane-Orcutt estimation
 
Chapter 13: Generalized least squares
 
Chapter 14: Statistical model specification
 
Chapter 15: Heteroskedasticity-consistent standard errors
 
Chapter 16: Heckman correction
 
Chapter 17: Polynomial regression
 
Chapter 18: Error correction model
 
Chapter 19: Errors-in-variables models
 
Chapter 20: Linear regression
 
Chapter 21: Homoscedasticity and heteroscedasticity
 
(II) Answering the public top questions about econometrics.
 
(III) Real world examples for the usage of econometrics in many fields.
 
(IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of econometrics. (eBook only).
 
Who will benefit
 
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of econometrics.
Available since: 12/16/2023.
Print length: 316 pages.

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