This revised and updated second edition of Analysis of Economic Data builds upon the success of the first edition in teaching methods of data analysis to students whose primary interest is not in econometrics, statistic or mathematics, as well as students who are facing economic data analysis for the first time. It shows students how to apply econometric techniques in the context of real-world empirical problems.
Key features include:
- A clear departure from traditional econometric textbooks, relying less on mathematics and more on verbal intuition and graphical methods for understanding.
- Covers most of the tools and models used in modern econometrics research e.g. correlation, regression and extensions for time-series methods.
- Contains extensive use of real data examples and involves readers in hands-on computer work.
New content includes:
- Coverage of the mathematical background required by students and, for those unfamiliar with this background, a brief explanation of the relevant mathematics.
- A much greater discussion of data transformations such as growth rates and index numbers.
- More material on data sources, largely focussing on Internet data sources.
A website containing information for instructors and students alike, including data sets, PowerPoint slides, web-based tutorials, sample exam questions and answer sheets for problems in the book, can be found at www.wileyeurope.com/go/koopdata2ed.