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Title: PDF Probability and Statistics for Economists [PDF]


1
PROBABILITY
6
STATISTICS
FOR ECONOMISTS
BRUCE E. HANSEN
2
Probability
and
Statistics
for
Economists
A comprehensive and up-to-date introduction to
the mathematics need to knowProbability theory is
the quantitative language used
that all economics students to handle uncertainty
and
is the foundation of modern statistics.
Probability and Statistics for Economists provides
3
graduate and PhD students with an essential
introduction to mathematical probability
and statistical theory, which are the basis of
the methods used in econometrics. This incisive
textbook teaches fundamental concepts,
emphasizes modern, real-world applications, and
gives students an intuitive understanding of the
mathematics that every economist needs to
know.Covers probability and statistics with
mathematical rigor while emphasizing intuitive
explanations that are accessible to economics
students of all backgroundsDiscusses random
variables, parametric and multivariate
distributions, sampling, the law of large
numbers, central limit theory, maximum
likelihood estimation, numerical
optimization, hypothesis testing, and
moreFeatures hundreds of exercises that enable
students to learn by doingIncludes an in-depth
appendix summarizing important mathematical
results as well as a wealth of real-world
examplesCan serve as a core textbook for a
first-semester PhD course in econometrics and as
a companion book to Bruce E. Hansen8217sEconome
tricsAlso an invaluable reference for researchers
and practitioners
4
Bestselling
Probability and Statistics for Economists
5
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