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Principles of Econometrics, 5th Edition

Principles of Econometrics, 5th Edition

R. Carter Hill, William E. Griffiths, Guay C. Lim

ISBN: 978-1-119-32094-4

Feb 2018

784 pages


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Principles of Econometrics, Fifth Edition, is an introductory book for undergraduate students in economics and finance, as well as first-year graduate students in a variety of fields that include economics, finance, accounting, marketing, public policy, sociology, law, and political science. Students will gain a working knowledge of basic econometrics so they can apply modeling, estimation, inference, and forecasting techniques when working with real-world economic problems. Readers will also gain an understanding of econometrics that allows them to critically evaluate the results of others’ economic research and modeling, and that will serve as a foundation for further study of the field.

This new edition of the highly-regarded econometrics text includes major revisions that both reorganize the content and present students with plentiful opportunities to practice what they have read in the form of chapter-end exercises.

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New to this Edition:

  • An in-depth discussion of data types, along with tips on writing econometrics research papers that will help students develop ideas as the course develops
  • A new section on large sample tests, including an explanation of the use of control variables and the difference between causal and predictive models
  • An extensive section on treatment effects and causal modeling in Rubin’s potential outcomes framework

Wiley Advantage:

  • Complete solutions manual for professors is available online in both Microsoft Word and PDF formats
  • New examples and exercises use real data to make the material more relevant
  • Chapters are focused on core material and exercises, while more advanced content is presented in the appendices
  • Between 25 and 30 new exercises have been added to each chapter to help students apply what they’ve learned
  • Reorganization of chapters follows a natural progression that is conducive to undergraduate and graduate-level instruction