What do we want our students to be able to do upon completing an introductory course in macroeconomics—shift curves on diagrams or interpret media commentary on the economy? This book, an effort to lead students in the latter direction, offers a clear exposition of introductory macroeconomic...

The classic aide to econometric students worldwide is now in a new edition. Guide to Econometrics, 6th edition is designed to illuminate the logic of econometrics without formulas, providing intuition, skepticism, insights, humor, and practical advice. Designed for use in a range of courses,...

Introduction -- Criteria for estimators -- The classical linear regression model -- Interval estimation and hypothesis testing -- Specification -- Violating assumption one: wrong regressors -- Violating assumption two: nonzero expected disturbance -- Violating assumption three: nonspherical...