Econometrics For Dummies

Score your highest in econometrics? Easy. Econometrics can prove challenging for many students unfamiliar with the terms and concepts discussed in a typical econometrics course. Econometrics For Dummies eliminates that confusion with easy-to-understand explanations of important topics in the study of economics.

Learn to:

• Grasp the techniques and applications of econometrics
• Make sense of complex concepts and material
• Use specialized software to apply your acquired econometrics skills

Understand econometric theory and apply econometric techniques

Econometrics can prove challenging for many students. Thankfully, Econometrics For Dummies eliminates that confusion with easy-to-understand explanations of important topics in the study of econometrics. This hands-on, friendly guide breaks down the complex subject of econometrics and provides you with an easy-to-follow course supplement to further refine your understanding of how econometrics works and how it can be applied in real-world situations.

• The nuts and bolts — get familiar with the various characteristics of the classical linear regression model (CLRM), which is the foundation of traditional econometric analysis
• Form and function — discover how econometric analysis is able to accommodate a considerable amount of flexibility with different mathematical functions and types of data
• Don't assume — find out how econometricians use some bizarre titles to identify problems that violate CLRM assumptions
• Be discrete — get to know how discrete and restricted dependent variables can create problems for traditional regression analysis and discover the techniques econometricians have developed to modify traditional regression analysis
• Make special note — delve deeper into a few specialized areas of econometrics, namely time-series analysis, pooled cross sections, and panel econometrics

Open the book and find:

• Plain-English explanations of complex material
• Computer outputs from STATA for many of the examples
• The economist's approach to statistical analysis
• The various characteristics of the classical linear regression model
• The most common problems encountered when performing regression analysis
• Lots of helpful figures
• Common mistakes in applied econometrics

Score your highest in econometrics? Easy.

Econometrics can prove challenging for many students unfamiliar with the terms and concepts discussed in a typical econometrics course. Econometrics For Dummies eliminates that confusion with easy-to-understand explanations of important topics in the study of economics.

Econometrics For Dummies breaks down this complex subject and provides you with an easy-to-follow course supplement to further refine your understanding of how econometrics works and how it can be applied in real-world situations.

• An excellent resource for anyone participating in a college or graduate level econometrics course
• Provides you with an easy-to-follow introduction to the techniques and applications of econometrics
• Helps you score high on exam day

If you're seeking a degree in economics and looking for a plain-English guide to this often-intimidating course, Econometrics For Dummies has you covered.