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Basic Econometrics

Basic Econometrics

Lowest online price: 775.00 503 (35% off)
Language English
Contributor(s) Damodar Gujarati, Dawn Porter, Sangeetha Gunasekar
Binding Paperback
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Overview: Basic Econometrics

Basic Econometrics, Gujarati is actively responding to the significant developments that have occurred in the theory as well as practice of the topic in question. This book is a favorite with students of every field as the enlarged topics and their concrete applications can be applied to an extensive range of diverse studies.

Actually, Econometrics is essentially the application of statistical methods, mathematics, as well as computer science, to fiscal data and as such expressed as an offshoot of economics that is intended to provide practical content to every economic relation. It is also the development of quantitative methods in order to evaluate economic principles. Theoretical econometrics makes use of statistical properties whereas applied econometrics generally applies econometric methods to the many theories. The domain of finance is increasingly applying this technique in areas such as portfolio management, and risk management.

Econometrics is also the intersection of economics, mathematics, and statistics. Econometrics adds empirical content to economic theory allowing theories to be tested and used for forecasting and policy evaluation.

Basic Econometrics is essentially an introductory economics textbook that explains econometrics in a way that allows economists in general to filter down large amounts of data, to obtain simple relationships. The term econometrics was first used in 1910, by Pawel Ciompa while the ultimate credit goes to Ragnar Frisch, as he was the one who coined the word in the sense it is used nowadays. Other best sellers from the same author are Econometrics by Example, Essentials of Econometrics. This paperback book is available online with the ISBN-10 number of 0072478527 and ISBN-13: 978-0072478525.

Product Details
Language English
Publication Date September 29, 2011
Publisher McGraw Hill Education
Contributor(s) Damodar Gujarati, Dawn Porter, Sangeetha Gunasekar
Binding Paperback
Edition 5
ISBN 10 0071333452
ISBN 13 9780071333450
Dimensions and Weight
Product Dimensions 46.7 cm x 9.1 cm x 61.5 cm
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