Econometrics - Paperback / softback
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Econometrics - Paperback / softback
Originally published in 1951, this volume reprints the classic work written by one of the leading global econometriciansEconometrics is structured as followedPart 1 explains the relationship of Econometrics to Economics and StatisticsPart 2 outlines the process of formulating economic hypotheses mathematically and of subjecting them to a statistical testPart 3 deals with the various component equations of the economic system - the psychic reactions, technical relations and reactions of business life and describes the process of setting up an economic model of the system as a wholePart 4 llustrates the use of econometric methods for policy purposes.
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