Econometrics

Econometrics is a quantitative language of economic theory, analysis, and empirical work that has become a cornerstone of graduate economics programs. This textbook provides an essential introduction to the subject, emphasizing modern, real-world applications, and giving students an intuitive understanding of econometrics. It covers the full breadth of econometric theory and methods with mathematical rigor and includes integrated, research-level datasets. It also features hundreds of exercises and appendices on matrix algebra and useful inequalities and real-world examples.

Format: Hardback
Length: 1080 pages
Publication date: 16 August 2022
Publisher: Princeton University Press

Econometrics, as the quantitative language of economic theory, analysis, and empirical work, has emerged as a fundamental cornerstone of graduate economics programs. It serves as a vital tool for both researchers and practitioners, offering a comprehensive introduction to this essential subject. This comprehensive textbook caters to graduate and PhD students, providing them with a solid foundation in econometrics. It emphasizes modern, real-world applications, fostering an intuitive understanding of econometric concepts.

The textbook covers the full breadth of econometric theory and methods, employing mathematical rigor while offering intuitive explanations accessible to students from various backgrounds. It integrates research-level datasets, which are accessible through an accompanying website, enabling students to apply theoretical principles in practical scenarios. Linear econometrics, time series, panel data, nonparametric methods, nonlinear econometric models, and modern machine learning are all extensively discussed.

To enhance learning, the textbook includes hundreds of exercises that encourage students to actively engage with the material. In-depth appendices on matrix algebra and useful inequalities provide additional theoretical insights, while real-world examples illustrate the practical applications of econometrics. This textbook can serve as a core textbook for a first-year PhD course in econometrics, providing a solid foundation for further study. Additionally, it can be used as a valuable follow-up to Bruce E. Hansens Probability and Statistics for Economists, further enriching students' understanding of econometric principles and techniques.

In conclusion, Econometrics: A Modern Introduction is an authoritative and up-to-date textbook that caters to the needs of graduate and PhD students in economics. It offers a comprehensive coverage of econometric theory and methods, emphasizing modern applications and intuitive explanations. With its integrated datasets, practical exercises, and comprehensive appendices, this textbook provides students with the tools they need to excel in econometrics and contribute to the field.

Weight: 1854g
Dimension: 210 x 260 x 64 (mm)
ISBN-13: 9780691235899