Text recognizing that econometrics has moved from a specialized mathematical description of economics to an applied interpretation based on empirical research techniques. Bridges the gap between the mechanics of econometrics and modern applications of econometrics by employing a systematic approach. Introductory text.

Book Description

The modern approach of this book 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 content, the emphasis on examples gives a concrete reality to economic relationships and allows treatment of interesting policy questions in a realistic and accessible framework.



About the Author

Jeffrey M. Wooldridge is professor of economics at Michigan State University where he has taught since 1991. From 1986 to 1991 Dr. Wooldridge was an assistant professor of economics at the Massachusetts Institute of Technology. He received his bachelor of arts with majors in computer science and economics from the University of California Berkeley in 1982 and received his doctorate in economics in 1986 from the University of California San Diego.