Enjoyable Econometrics

Applies econometric methods to a variety of unusual and engaging research questions.

Philip Hans Franses (Author)

9781107164611, Cambridge University Press

Hardback, published 5 July 2018

296 pages
23.5 x 15.8 x 2 cm, 0.54 kg

'Enjoyable [E]conometrics paints an excellent picture of the relevance, significance, realities, and applications of econometrics as a practical research tool. Franses (Erasmus Univ. Rotterdam, the Netherlands) uses real-life examples to portray vividly the significance of econometrics. The true significance of econometrics to inquiries we make about our lives is presented and discussed in this book. The author's knowledge and understanding of econometrics - as an academic discipline - lead to the banishing of the perennial terror and fear of failure that paralyzes and also chases away most interested students and any others who diligently seek to make effective use of the applications of econometric theory and analyses.' S. B. Adjibolosoo, Choice

Econometrics can at first appear a highly technical subject, but it can also equip the practitioner with a useful skillset of smart ways to formulate research questions and collect data. Enjoyable Econometrics applies econometric methods to a variety of unusual and engaging research questions, often beyond the realm of economics, demonstrating the great potential of using such methods to understand a wide range of phenomena. Unlike the typical textbook approach, Enjoyable Econometrics follows in the footsteps of Freakonomics by posing interesting questions first before introducing the methodology to find the answers. Therefore, rather than equation-heavy sections based around complex methodologies, the reader is presented with chapters on 'Money' and 'Fashion, Art and Music'. Franses writes in a way that will enthuse and motivate the economics student embarking upon the essential study of econometrics. Indeed, the book shows that econometric methods can be applied to almost anything.

1. Introduction
2. Correlation and regression
3. Money
4. Financial literacy and numeracy
5. Postage stamps and banknotes
6. Fashion, art and music
7. Academic publications
8. Trends and fads
9. The takeaways
Notes, Index.

Subject Areas: Economic statistics [KCHS], Econometrics [KCH], Economics [KC]