We can distinguish three main goals of econometrics, namely, i) Analysis, i.e., testing of economic theory, ii) Policy making, ie. SILAPATHAR COLLEGE Introduction to Econometrics | GS MADDALA
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The book's enduring popularity is attributed to several distinct advantages: We can distinguish three main goals of econometrics,
In conclusion, "Introduction to Econometrics" by G.S. Maddala is a seminal work in the field of econometrics. The book provides a comprehensive introduction to the principles and methods of econometrics, making it an essential resource for students, researchers, and practitioners. The PDF version of the book is widely available, making it easily accessible to readers around the world. Maddala is a seminal work in the field of econometrics
Unlike many technical manuals, Maddala’s text is celebrated for its "common sense" approach. He prioritizes understanding the why behind the math rather than just the how . Focus on Intuition