Introduces econometrics to undergraduates using an intuitive approach that starts with an economic model. It emphasizes motivation, understanding, and implementation. By using an intuitive approach, readers are shown how economic data are used with the economic and statistical models as a basis for estimating key economic parameters, testing economic hypotheses, and predicting economic outcomes.
Chapter 1 The Role of Econometrics in Economic Analysis
Chapter 2 Some Basic Probability Concepts
Chapter 3 The Simple Linear Regression Model: Specification and Estimation
Chapter 4 Properties of the Least Squares Estimators
Chapter 5 Inference in the Simple Regression Model: Interval Estimation, Hypothesis Testing, and Prediction
Chapter 6 The Simple Linear Regression Model: Reporting the Results and Choosing the Functional Form
Chapter 7 The Multiple Regression Model: Specification and Estimation
Chapter 8 The Multiple Regression Model: Hypothesis Tests and the Use of Nonsample Information
Chapter 9 Extensions of the Multiple Regression Model
Chapter 10 Heteroskedasticity
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