Applied Economics and Statistics

Author: Li Xinyu
Publisher:
Publish Date: 2003-10-01
Features: This textbook is distinctive, comprehensive in content, well-structured, highly practical, and combines both inheritance and development. Its main features are:
(1) Rational system arrangement with clear logic. Descriptive statistics and inferential statistics are combined, statistics and economics are integrated, and macroeconomic analysis is combined with microeconomic analysis.
(2) Emphasis on the combination of theoretical principles and practical application. For various statistical methods, it highlights their fundamental ideas and principles, providing rigorous mathematical derivations and proofs, while also demonstrating their application in economic analysis through numerous examples.
(3) Explanations are easy to understand yet concise. Statistics is often perceived as a difficult and tedious subject, but this book makes it accessible through a step-by-step narrative approach and carefully selected, real-world examples, making it engaging and rewarding to learn.
(4) Broad applicability with strong focus. Although primarily written for undergraduate economics majors with a foundation in calculus and basic economics, the content is sufficiently advanced. However, by omitting certain chapters such as analysis of variance, autocorrelation analysis of time series, and tests for two population means and variances in estimation and hypothesis testing, it can also serve as a textbook for specialized programs in finance and economics at the college level.
(5) Well-structured and user-friendly. Each chapter includes an introductory overview and key terms, along with exercises at the end to reinforce the understanding of statistical principles and methods.