Preface

If you think econometrics is boring, think again. Econometrics can be enjoyable if you focus less on the abstract theory of the subject and more on the applied topics so that you can solve your everyday problems.

For example, you might wish to know the relationship between the cost of buying a house in your hometown versus renting the same house so that you can decide whether to buy or to rent. You might also wish to know how increasing prices of certain goods affects the revenue of your company. This textbook will help you analyze these relations. The book is written for first-year MBA students, upper-division undergraduate students, businesspersons, and other readers who wish to apply econometric concepts to improve their lots in everyday ...

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