PROBABILITY AND STATISTICS FOR ECONOMISTS

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PROBABILITY AND STATISTICS FOR ECONOMISTS image
ISBN-10:

9813228814

ISBN-13:

9789813228818

Author(s): Yongmiao Hong
Released: Dec 18, 2017
Format: Hardcover, 592 pages

Description:

Probability and Statistics have been widely used in various fields of science, including economics. Like advanced calculus and linear algebra, probability and statistics are indispensable mathematical tools in economics. Statistical inference in economics, namely econometric analysis, plays a crucial methodological role in modern economics, particularly in empirical studies in economics.

This textbook covers probability theory and statistical theory in a coherent framework that will be useful in graduate studies in economics, statistics and related fields. As a most important feature, this textbook emphasizes intuition, explanations and applications of probability and statistics from an economic perspective.

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