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Introductory Econometrics : Modern Approach - 3rd edition

by Jeffrey Wooldridge

Introductory Econometrics : Modern Approach (ISBN10: 0324289782; ISBN13: 9780324289787)
ISBN13: 978-0324289787
ISBN10: 0324289782

Summary: The modern approach of this text recognizes that econometrics has moved from a specialized mathematical description of economics to an applied interpretation based on empirical research techniques. It bridges the gap between the mechanics of econometrics and modern applications of econometrics by employing a systematic approach motivated by the major problems facing applied researchers today. Throughout the text, the emphasis on examples gives a concrete reality to e ...show moreconomic relationships and allows treatment of interesting policy questions in a realistic and accessible framework.

Benefits:

  • NEW! The author will carry several of the examples over multiple chapters: This increases the unity of the text by tying together various concepts. Many of the examples will still by stand-along cases, though. Thus we still have an advantage over those competitors who only use running examples, since we will have more total applications.
  • All the data sets are now available in a variety of formats: ASCII, Excel, Stata, Minitab, and student version of Eviews. These files are available on the Website.
  • Logical Progression: This text focuses first on multiple regression then leads in a straightforward manner to more advanced methods, such as simple panel data analysis and instrumental variables estimation.
  • In-Depth Data Coverage: Panel data methods and other new models are covered in greater detail than in other texts.
  • Meaningful Examples: This edition emphasizes examples intended to infer causality and to determine the effectiveness of policy, rather than just reporting descriptive regressions.
  • A Foundation for Social Science Research: This text provides students with important knowledge used for empirical work and carrying out research projects in a variety of applied social science fields, some outside of economics (e.g., political science, criminology, etc.).
  • NEW! Student Examples: The author will provide one or more examples of student papers for students and instructors to use as a model for their own assignments. This will help students and free-up time for professors.
  • NEW! Abundane of Real-World Examples: Many new real-world examples will be added to keep the text up-to-date and exciting for students.
  • NEW! Extensive, Up-to-Date Data Sets: More than 60 data sets, many of which come from very recent studies, accompany the text and are used in numerous examples and computer exercises.
  • NEW! Revised Math: In the Linear Regression Appendix E
  • Chapter 19 provides expanded coverage on guiding the students through empirical projects: The chapter now offers more examples and updated tips on writing a term paper with an expanded list of ''suggested topics''. This helps students go beyond the classroom.
  • Added material to the appendix in chapter 3: includes new insights on the omitted variables problems with clearer descriptions to help students understand the material better.
  • Empirical Examples: Updated using the most recent data which makes this the most up-to-date book on the market and motivates the discussion of topics.
  • End-of-chapter Problems: include new exercises using data sets.
...show less

Edition/Copyright: 3RD 06
Cover: Hardcover
Publisher: South-Western Publishing Co.
Published: 07/13/2005
International: No

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