Textbook designed for and introduction to Econometrics. Provides the most modern treatment of econometrics, using theory and applications that match real-world theory and data.

From the Back Cover

Introduction to Econometrics JAMES H. STOCK (Harvard University) & MARK W. WATSON (Princeton University)

“Econometrics opens a window on our complicated world that lets us see the relationship on which people, businesses, and governments base their decisions.” —From the Preface

In this new textbook by distinguished econometricians James H. Stock and Mark W. Watson, real-world questions and data from actual empirical studies “open a window” through which the vitality and relevance of econometrics come into clear focus. The breadth of topics - including an introduction to program evaluation, panel data methods, instrumental variables regression, and regression with time series data - reflects the best of contemporary applied econometrics.

REVIEWER PRAISE FOR INTRODUCTION TO ECONOMETRICS:

“Stock and Watson have managed to bridge the gap between statistical technique and economic interpretation in a clean, clear, and concise manner.” —�scar Jord�, University of California Davis

“The quality of the presentation is excellent - clear and understandable...This is, in my opinion, the best treatment I have ever seen to motivate the usefulness and relevance of the tools presented.” —Pierre Perron, Boston University

“The authors are very effective in providing intuitive explanations, emphasizing conceptual approaches to technical material...Students who would be confused by mathematical derivations will come away with a more solid understanding of econometrics by reading this text.” —Robert McNown, University of Colorado, Boulder

“Introductory econometrics books often make the crucial mistake of using some trivial examples that do not illustrate real problems that empirical economists encounter. This book significantly improves upon its competition by using examples, developing them in detail, and using well-motivated and important econometric issues for this development.” —Mico Mrkaic, Duke University

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