Introduction to Econometrics, 3rd edition

NEW! Personalized learning with MyEconLab–recommendations to help students better prepare for class, quizzes, and exams–and ultimately achieve improved comprehension in the course.

• Adaptive Learning Study provides customized remediation activities to get students who are struggling to understand critical concepts back on track.
• Dynamic Study Modules help students learn concepts faster and retain information longer by offering personalized guidance and practice where they need it most. The modules can be accesses from any computer, tablet, or smartphone
• Engaging tutorials and high-quality multimedia experiences help students learn at their own pace, come to class prepared, and improve their results.
• Help Me Solve This breaks a long problem down into steps, which students complete to help build understanding.
• Teach Me walks students through an interactive explanation of the concepts required to solve the current problem.
• The Grapher tool lets students input graphs on graphing problems, and provides immediate feedback after each attempt.
• Animations and Videos are available throughout the course, with expert instructors explaining key concepts and bringing them to life.
• eText Pages takes students directly to the parts of the text that relate to the question they are working on. Textbook Extras open additional material that may help answer the question.

• NEW! Updated Exercises - 1/3 of the material has been updated.
• NEW! Updated Empirical Exercises - 2/3 of the material has been updated.
• The treatment of standard errors for panel data regression (Chapter 10).
• When and why missing data can present a problem for regression analysis (Chapter 9).
• The use of regression discontinuity design as a method for analyzing quasi-experiments (Chapter 13).
• Weak instruments (Chapter 12).
• The use and interpretation of control variables is integrated into the core development of regression analysis (Chapter 7).
• Introduction of the “potential outcomes” framework for experimental data (Chapter 13).

• Creating skilled producers and sophisticated consumers: Students learn how to use the tools of regression analysis and how to assess the validity of empirical analyses presented to them through a threefold process:

• Immediately after introducing the main tools of regression analysis, Chapter 9 is devoted to the threats to internal and external validity of an empirical study. This chapter discusses data problems and issues of generalizing findings to other settings.
• Next the methods for assessing empirical studies to the empirical analysis are applied to the ongoing examples in the book.
• And lastly, students need firsthand experience as producers in order to be sop

• MyEconLab - A robust MyEconLab course has been built for the 3e update, including as many Review NEW! Questions, Exercises, and Empirical Exercises as possible.

• Updated Exercises - 1/3 of the material has been updated.
• Updated Empirical Exercises - 2/3 of the material has been updated.

• The Companion Website has been updated to include current Data sets as well as Exercises and Empirical Exercises.