There is a great use of statistics in econometric discipline.Moreover, statistics gives economic relations an empirical content.
Introductory Econometrics A Modern Approach 6th edition is a book on econometrics. It explains the basics of econometrics keeping in view the latest advancements in this field. Published by Cengage learning, the book is authored by Jeffrey M. Wooldridge. Book is very famous among the students. There is a lot of statistics involved in the explanation of this book. However, first part does so with the help of cross-sectional data. These are also some of the recent advances in the field of econometrics. ![]() Similarly, basic mathematical tools and linear regression models also help in understanding econometric. Every chapter contains exercise questions answers to which are available in the end. Students of economics and those with major in econometric should especially get benefit from this text.
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