ECONOMIC STATISTICS AND ECONOMETRICS

Abstract

Few would deny that the American text book market has been flooded the past few decades. In spite of the fact that econometrics has been one of the most glamorous fields in economics, ironically, the market for econometrics texts has been one of the most impoverished in the academic world. There have been several excellent texts written in recent years on the subject. However, they have been far from adequate in fulfilling the need in undergraduate education in econometrics. This I know from my own frustrating experience--I found most texts either too hard or too easy for the students with whom I had to deal. For the economists who are now charged with the responsibility of teaching undergraduates in econometrics, Professor Kanes book is certainly a welcome addition to what little is available in the area.

The authors basic intention of writing this book is to make econometrics, which has long been considered such an esoteric field, accessible to undergraduates in economics.