Econometrics with Application in EViews (with CD)

Abstract

This book is based on my Lecture Notes in Econometric Theory written for students attending the international postgraduate programme “Statistical Methods for Business and Economics” held at the Faculty of Economics of University “Ss. Cyril and Methodius” in Skopje. In my experience in teaching econometrics both at undergraduate and postgraduate level, students learn econometrics more efficiently when they see techniques being applied to real data by running a statistical package on a computer. Therefore, the book Econometrics with Application in EViews contains numerous illustrative examples that are solved using the statistical software package EViews 6. The computer printouts from this statistical package are also included in the book. All the data sets can be found on the following web site: http://www.eccf.ukim.edu.mk/smebe/Material_en.htm as well as on the CD accompanying this textbook. The book Econometrics with Application in EViews is designed to provide both undergraduate and postgraduate students of economics, but also students other sciences using econometrics, with introduction to econometric theory and techniques by demonstrating its use with the econometric software package EViews 6, which is the number one Windows-based econometric software package in the world. The emphasis of the book is on practice rather than on theory. Therefore in elaborating the various topics, I have used very little matrix algebra or calculus and no proofs. The reader of this book is assumed to have a good knowledge of elementary statistics, matrix algebra and some previous exposure to regression analysis.