Blending traditional topics with newer techniques and trends, this book aims to provide a balanced and comprehensive study of current econometric theory and practice. It covers recent developments such as co-integration and offers explanations of the derivation of econometric methods and practice.
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An innovative feature of this book is the detailed descriptions of several pieces of applied econometric research. These applications use real-life data contained on the data disk which accompanies the text, giving students a hands-on experience working with data sets.
This book provides a compact, thirteen-chapter presentation.
Coverage includes clear explanations of the derivation of econometric methods and practices. The authors then go on to show how, in practice, these methods apply to estimation and testing of economic models.
Applications are built upon US economic data, all of which is contained on the data disk packaged with the text.
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