Applied Econometrics (English Edition. 5th Edition)

Author: (USA) Stefan Sturm
Publisher:
Publish Date: 2007-01-01
Features: This book is hailed in the United States as "one of the most important new textbooks in the past 30 years" and ranks highly among textbooks used in introductory econometrics. It presents an innovative approach to understanding introductory econometrics, teaching linear regression analysis in an easy-to-understand manner through extensive real-life examples and focused exercises. The book is divided into three parts (15 chapters), with the first and second parts primarily discussing the classical single-equation linear model. Building on this foundation, the third part extends the content to time series analysis, dummy variable models, and simultaneous equation systems, and introduces one of the main purposes of regression analysis—forecasting. The content covered is traditional, but the learning methods introduced are simple, intuitive, and easy to understand. This book is not only suitable for beginners but also for practitioners who need to update their knowledge of regression analysis and experienced professionals. It can serve as a textbook for undergraduate students, a quantitative methods textbook for MBA students, and a helpful supplementary textbook for graduate-level econometrics courses.