Items related to Introductory Econometrics: Intuition, Proof and Practice
Synopsis
"Introductory Econometrics" uses an innovative approach to teach regression analysis to students who have a background in only introductory economics and statistics. Using basic algebra, this text focuses on learning the most important concepts in running regressions at an in-depth level, rather than providing more shallow coverage of a broad overview of topics. Each chapter begins with a summary of what students will learn by the end of the chapter, and follows with careful proofs and derivations that show step-by-step how the answers are reached. Using a continuing example of correlating education level and income, the Zax text is a careful, yet accessible and conversational introduction to regression analysis and introductory econometric techniques.
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Review
"I like the emphasis on intuition. Particular strengths of this work include: accessible definitions, unique demonstrations of core ideas, novel examples to illustrate technical concepts, and a strong presentation of asymptotic theory and instrumental variables using simulations in place of formal derivations."
--Jeff Desimone, University of Texas at Arlington and NBER
Synopsis
"Introductory Econometrics" uses an innovative approach to teach regression analysis to students who have a background in only introductory economics and statistics. Using basic algebra, this text focuses on learning the most important concepts in running regressions at an in-depth level, rather than providing more shallow coverage of a broad overview of topics. Each chapter begins with a summary of what students will learn by the end of the chapter, and follows with careful proofs and derivations that show step-by-step how the answers are reached. Using a continuing example of correlating education level and income, the Zax text is a careful, yet accessible and conversational introduction to regression analysis and introductory econometric techniques.
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