1st Edition

An Introduction to Quantitative Economics

ISBN 9780815350514
Published June 24, 2019 by Routledge
166 Pages

USD $39.95

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Book Description

Originally published in 1978. This book is designed to enable students on main courses in economics to comprehend literature which employs econometric techniques as a method of analysis, to use econometric techniques themselves to test hypotheses about economic relationships and to understand some of the difficulties involved in interpreting results. While the book is mainly aimed at second-year undergraduates undertaking courses in applied economics, its scope is sufficiently wide to take in students at postgraduate level who have no background in econometrics - it integrates fully the mathematical and statistical techniques used in econometrics with micro- and macroeconomic case studies.

Table of Contents

Preface Part 1 1. Introduction to the Relationship between Variables 2. A Basic Revision of Statistical Concepts 3. The Principle of Ordinary Least Squares and Simple Regression Formulae 4. Nonlinear Relationships and Multiple Regression Part 2 5. A Breakdown of the Standard Assumptions made about the Error Term 6. Statistical Data, Distributed Lag Models and Dummy Variables 7. Empirical Studies in Macroeconomics 8. Structural Equations and the Identification Problem. Numerical Answers

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