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Econometrics (in English)
Jan Tinbergen
Synopsis "Econometrics (in English)"
Originally published in 1951, this volume reprints the classic work written by one of the leading global econometricians.Econometrics is structured as followed:Part 1 explains the relationship of Econometrics to Economics and Statistics.Part 2 outlines the process of formulating economic hypotheses mathematically and of subjecting them to a statistical test.Part 3 deals with the various component equations of the economic system - the psychic reactions, technical relations and reactions of business life and describes the process of setting up an economic model of the system as a whole.Part 4 llustrates the use of econometric methods for policy purposes.
