A Practical Introduction to Econometric Methods Classical and Modern

The text is aimed at final-year undergraduate students or those at the graduate level doing econometrics for the first time. It is an introductory course in the theory and practice of classical and modern econometric methods. A proper study of the material will allow the reader to

• Understand the scope and limitations of classical and modern econometric techniques

• Read, write and properly interpret articles and reports of an applied econometric nature

• Build upon the elements of econometric theory and practice introduced in the book

Although some basic knowledge of matrix algebra and elementary statistical theory will be assumed, much of it is covered in the body of the text. All the main theoretical concepts are illustrated with the use of econometric software, mainly EViews.

Patrick K. Watson is Director of Sir Arthur Lewis Institute for Social and Economic Studies and former Dean, Faculty of Social Sciences, University of the West Indies, Trinidad and Tobago. He is also the former Director of the Central Bank of Trinidad and Tobago.

Sonja S. Teelucksingh is Marie Curie Research Fellow, Fondazione Eni Enrico Mattei, Italy. She was previously Lecturer, Department of Economics, University of the West Indies, Economics Trinidad and Tobago.