Practical and professional, Wooldridge’s INTRODUCTORY ECONOMETRICS: A MODERN APPROACH, 4e International Edition bridges the gap between how undergraduate econometrics has traditionally been taught and how empirical researchers actually think about and apply econometric methods. The text’s unique approach reflects how econometric instruction has evolved from simply describing a set of abstract recipes to showing how econometrics can be used to empirically study questions across a variety of disciplines. The systematic approach, where assumptions are introduced only as they are needed to obtain a certain result, makes the material easier for students, and leads to better econometric practice. Unlike traditional texts, INTRODUCTORY ECONOMETRICS is organized around the type of data being analyzed – an approach that simplifies the exposition and allows a more careful discussion of assumptions. Packed with relevant applications and a wealth of interesting data sets, the text emphasizes examples that have implications for policy or provide evidence for or against economic theories.

Features
Practical Application: INTRODUCTORY ECONOMETRICS applies econometrics to real-world problems by motivating each method by a particular issue facing researchers analyzing nonexperimental data.
Unique Organization: Wooldridge’’s text pioneered the approach of explicitly covering cross-sectional applications first, followed by time series applications and ultimately panel data applications in the advanced chapters.
Expansive Data Sets: The text’’s large and varied data sets give students practical experience working with an interesting assortment of topics.
Variables: Explanatory variables -- along with the dependent variable -- are treated as outcomes of random variables.