Introduction to Econometric Theory

An Introduction to Econometric Theory is a guide to economics, statistics, and finance that explores the mathematical foundations of econometric methods. It includes a detailed study of matrix algebra and distribution theory and is designed to be an accessible resource for undergraduate and graduate students. The author covers a wealth of topics, including simple regression, basic matrix algebra, the general linear model, distribution theory, the normal distribution, properties of least squares, unbiasedness and efficiency, eigenvalues, statistical inference in regression, t and F tests, the partitioned regression, specification analysis, random regressor theory, introduction to asymptotics, and maximum likelihood. Each chapter is supplied with a collection of exercises, and a companion website hosts additional materials, a solution manual, and lecture slides.

Format: Hardback
Length: 250 pages
Publication date: 05 October 2018
Publisher: John Wiley and Sons Ltd

An Introduction to Econometric Theory is a comprehensive guide to economics, statistics, and finance that delves into the mathematical foundations underlying econometric methods. Designed to be an accessible resource, the text explains in clear language why certain actions are taken and how previous knowledge informs current arguments. The author, a renowned expert in the field, covers a wide range of topics, including simple regression, basic matrix algebra, the general linear model, distribution theory, the normal distribution, properties of least squares, unbiasedness and efficiency, eigenvalues, statistical inference in regression, t and F tests, the partitioned regression, specification analysis, random regressor theory, introduction to asymptotics, and maximum likelihood. Each chapter is accompanied by a collection of exercises, some of which are straightforward and others more challenging.

This important text serves as a valuable guide for teaching econometric methods to undergraduate and graduate students of economics, statistics, or finance. It offers proven classroom-tested material and includes sets of exercises that accompany each chapter. Additionally, a companion website hosts additional materials, a solution manual, and lecture slides, further enhancing the learning experience.

Written for undergraduates and graduate students of economics, statistics, or finance, An Introduction to Econometric Theory is an essential beginners guide to the underpinnings of econometrics. By providing a solid foundation in mathematics, the text equips readers with the tools they need to understand and apply econometric techniques in their research and professional endeavors.

Weight: 534g
Dimension: 176 x 250 x 17 (mm)
ISBN-13: 9781119484882