Name: AN INTRODUCTION TO ECONOMETRICS
SKU: 67273358
Price: 554.00 TWD
Availability: InStock
Author: Mamta Kumari
ISBN: 9781387992805

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Type

Physical Book

Publisher

Lulu.com

Author

Mamta Kumari

Year

2018

Language

English

Pages

150

Format

Paperback

Dimensions

22.9x15.2x0.8 cm

ISBN13

9781387992805

AN INTRODUCTION TO ECONOMETRICS

Mamta Kumari (Author) · Lulu.com · Paperback

New Book Imported to Taiwan

Delivery: 20 Nov - 30 Nov

NT$ 554

NT$ 554

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Synopsis "AN INTRODUCTION TO ECONOMETRICS"

Econometrics is the application of statistical methods to economic data and is described as the branch of economics that aims to give empirical content to economic relations. Econometrics is an amalgam of Economic theory, mathematical economics, economic statistics and mathematical statistics. Economic theory makes statements or hypotheses that are mostly qualitative in nature, while econometrics given empirical content to most economic theory. for example, microeconomic theory states that, other things remaining the same, a reduction in the price of a commodity is expected to increase the quantity demanded of that commodity. Thus economic theory postulates a negative or inverse relationship between the price and quantity demanded of a commodity.

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AN INTRODUCTION TO ECONOMETRICS - Mamta Kumari

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