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Foundations of Modern Econometrics: A Unified Approach
Paperback
Business GeneralEconomicsGeneral Mathematics
ISBN13: 9789819819195
Publisher: World Scientific Publishing Company
Published: Jul 24 2020
Pages: 524
Weight: 1.53
Height: 1.05 Width: 6.00 Depth: 9.00
Language: English
Modern economies are full of uncertainties and risk. Economics studies resource allocations in an uncertain market environment. As a generally applicable quantitative analytic tool for uncertain events, probability and statistics have been playing an important role in economic research. Econometrics is statistical analysis of economic and financial data. In the past four decades or so, economics has witnessed a so-called empirical revolution in its research paradigm, and as the main methodology in empirical studies in economics, econometrics has been playing an important role. It has become an indispensable part of training in modern economics, business and management.
This book develops a coherent set of econometric theory, methods and tools for economic models. It is written as a textbook for graduate students in economics, business, management, statistics, applied mathematics, and related fields. It can also be used as a reference book on econometric theory by scholars who may be interested in both theoretical and applied econometrics.
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