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An engaging and practical introduction to econometrics, Real Econometrics: The Right Tools to Answer Important Questions provides thorough coverage of the most frequently used methods of analysis and a diverse array of examples and case studies. Grounded in contemporary understandings of causal inference, the text invites students to see how econometric tools can help answer interesting questions ranging from whether police reduce crime, to how drinking affects students' grades, and to whether or not tall people make higher wages. This emphasis on practical applications, combined with a lively and conversational narrative, provides students with a solid foundation in the analytical tools they will use throughout their academic and professional careers.
This text investigates how econometric methods can be applied to answer real-world causal questions through a practical, application-first framework. Dr. Michael Bailey, an experienced educator, constructs a pedagogical approach that prioritizes the intuition behind statistical tools over abstract mathematical proofs. By grounding the material in contemporary causal inference, the book demonstrates how students can utilize data to evaluate social and economic phenomena effectively.
What You Will Find
Scope Limits
Educators and students frequently highlight the text's conversational tone as a significant improvement over more traditional, dry econometric manuals. Experts note that the book serves as a highly accessible entry point for those seeking to understand the practical utility of statistical tools in professional and academic settings.
Page Count:
592
Publication Date:
2016-02-23
Publisher:
Oxford University Press
ISBN-10:
0190296828
ISBN-13:
9780190296827
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