This book is an earnest attempt by the authors to present the subject of econometrics in a lucid way. The authors have made organized the book’s presentation around the type of data being analysed with a systematic approach that only introduces assumptions as they are needed. This makes the contents easier for the readers to understand and, ultimately, leads to better econometric practices. Packed with relevant applications, the text incorporates more than 100 data sets in different formats. Updates and introduces the latest developments in the field, including the recent advances in the so-called “causal effects or treatment effects,” to provide a complete understanding of the impact and importance of econometrics today. The authors have also included solved examples and multiple choice questions to help readers evaluate their understanding of the concepts.
Contents –
1. Probability Theory
2. Statistical Inference
3. Classical Liner Regression Model
4. Generalised Least Square Method
MCQs – Econometrics
