'A textbook which emphasises clarity of exposition and simplification of the mathematical presentation of topics. Assumes only college algebra and introductory statistics, since the greatest attention is given to the economic aspects of econometrics'. Journal of Economic Literature.'A textbook which emphasises clarity of exposition and simplification of the mathematical presentation of topics. Assumes only college algebra and introductory statistics, since the greatest attention is given to the economic aspects of econometrics
This second edition of Theory of Econometrics is a book that provides the readers with key insights into the fundamentals of econometrics and its applications. Econometrics is the process of applying statistical methods, computer science, and mathematics, to economic data, so that these data can be used in making important government or business decisions.