Introductory Econometrics: A Modern Approach

Logical Progression: This text focuses first on multiple regression then leads in a straightforward manner to more advanced methods, such as simple panel data analysis and instrumental variables estimation.

Time Series/Cross-Section Analysis Flexibility:Time series and cross section analysis are not treated concurrently, but in a way that one can jump to time series analysis after covering the basics of regression with cross-section data.

In-Depth Data Coverage: Panel data methods and other new models are covered in greater detail than in other texts.

Meaningful Examples: This edition emphasizes examples intended to infer causality

Empirical Focus: Recent empirical literature motivates the discussion of topics.

A Foundation for Social Science Research: This text provides students with important knowledge used for empirical work and carrying out research projects in a variety of applied social science fields, some outside of economics (e.g. political science, criminology, etc.).

Extensive, Up-to-Date Data Sets: More than 60 data sets, many of which come from very recent studies, accompany the text and are used in numerous examples and computer exercises.

New Features

Chapter 19 provides expanded coverage on guiding the students through empirical projects. The chapter now offers more examples and updated tips on writing a term paper with an expanded list of suggested topics.

Added material to the appendix in chapter 3 will include new insights on the omitted variable problems with clearer descriptions.

Empirical examples have been updated using the most recent data.

End-of-chapter problems include new exercises using data sets. All the data sets are now available in a variety of formats: ASCII, Eviews, Excel, Stata, and Minitab. These files are available on the Website.

Visit the Product Site
Product sites are packed with chapter-specific resources, news, current issues, downloadable supplements, interactive author discussions, additional examples, links to relevant book references, student study resources and much more.

Visit the Economics Discipline Resource Center
These comprehensive sites contain a wealth of powerful teaching and learning resources. and to determine the effectiveness of policy, rather than just reporting descriptive regressions.