

Principles of Econometrics, Fifth Edition, is an introductory book for undergraduate students in economics and finance, as well as first-year graduate students in a variety of fields that include economics, finance, accounting, marketing, public policy, sociology, law, and political science. This new edition of the highly-regarded econometrics text includes major revisions that both reorganize the content and present students with plentiful opportunities to practice what they have read in the form of chapter-end exercises. This will help finance professionals apply basic econometric tools to modeling, estimation, inference, and forecasting through real world problems. In addition, numerous new end–of–chapter questions and problems have been integrated throughout the chapters. A new summary of probability and statistics has been added.

New discussions are presented on Kennel Density Fitting and the analysis of treatment effects. The fourth edition has been thoroughly updated to reflect the current state of economic and financial markets. Designed to arm finance professionals with an understanding of why econometrics is necessary, this book also provides them with a working knowledge of basic econometric tools.ĭesigned to arm finance professionals with an understanding of why econometrics is necessary, this book also provides them with a working knowledge of basic econometric tools.
