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Econometrics - A Practical Guide to Economic Modeling - cover

Econometrics - A Practical Guide to Economic Modeling

Pasquale De Marco

Publisher: Publishdrive

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Summary

Econometrics is the branch of economics that uses statistical methods to analyze economic data. It is a powerful tool that can be used to gain insights into the workings of the economy and to make informed decisions about economic policy.

This book provides a comprehensive and accessible introduction to econometrics. It is designed for students, researchers, and practitioners who want to learn how to apply econometric techniques to real-world economic problems.

The book begins with a discussion of the foundations of econometrics, including the nature of economic data, the role of economic theory in econometrics, and the assumptions of econometrics. It then introduces the concept of statistical inference and discusses the different types of statistical tests that can be used to test economic hypotheses.

The book then moves on to a discussion of the most commonly used econometric models, including simple linear regression, multiple linear regression, time series econometrics, panel data econometrics, and instrumental variables estimation. Each chapter provides a detailed explanation of the model, as well as a discussion of how to estimate and test the model.

The book also includes a chapter on applied econometrics, which discusses how econometric techniques can be used to solve real-world economic problems. The chapter provides examples of how econometrics has been used to analyze economic issues such as the impact of government policies, the determinants of economic growth, and the causes of unemployment.

Econometrics is a rapidly growing field, and new developments are being made all the time. This book provides a solid foundation in the basics of econometrics, and it will prepare readers to follow the latest developments in the field.

Whether you are a student, a researcher, or a practitioner, this book is the perfect resource for learning how to use econometrics to analyze economic data.


If you like this book, write a review!
Available since: 06/02/2025.
Print length: 166 pages.

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