276 Pages
    by Routledge

    276 Pages
    by Routledge

    Originally published in 1951, this volume reprints the classic work written by one of the leading global econometricians.
    Econometrics is structured as followed:
    Part 1 explains the relationship of Econometrics to Economics and Statistics.
    Part 2 outlines the process of formulating economic hypotheses mathematically and of subjecting them to a statistical test.
    Part 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 whole.
    Part 4 llustrates the use of econometric methods for policy purposes.

    Part 1: Introduction  1. The Relationship of Econometrics to Economics and Statistics  Part 2: The Working Methods of Econometrics  2. Mathematical Formulation  3. Statistical Testing  Part 3: Results of Econometric Research  4. The Psychic Reactions  5. The Technical Relations  6. Reactions of Business Life  7. The Functioning of Economic Systems  Part 4: Economic Policy  8. The Use of Economic Research for the Purpose of Economic Policy

    Biography

    Jan Tinbergen

    'Valuable as a means of getting the main ideas and the logical structure of the subject into the mind of a beginner.' - C.F. Carter, The Economic Journal