Introduction to Estimating Economic Models by Atsushi MakiIntroduction to Estimating Economic Models by Atsushi Maki

Introduction to Estimating Economic Models

byAtsushi MakiEditorAtsushi Maki

Paperback | January 13, 2011

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The book's comprehensive coverage on the application of econometric methods to empirical analysis of economic issues is impressive. It uncovers the missing link between textbooks on economic theory and econometrics and highlights the powerful connection between economic theory and empirical analysis perfectly through examples on rigorous experimental design.  The use of data sets for estimation derived with the Monte Carlo method helps facilitate the understanding of the role of hypothesis testing applied to economic models.

Topics covered in the book are: consumer behavior, producer behavior, market equilibrium, macroeconomic models, qualitative-response models, panel data analysis and time-series analysis. Key econometric models are introduced, specified, estimated and evaluated. The treatment on methods of estimation in econometrics and the discipline of hypothesis testing makes it a must-have for graduate students of economics and econometrics and aids their understanding on how to estimate economic models and evaluate the results in terms of policy implications.


Atsushi Makiis presently with the Department of Economics, Tokyo International University, Japan. He is Professor Emeritus of Economics at Keio University, Japan. Previously, he was Professor of Economics (1987-2009) at the Faculty of Business and Commerce, Keio University. He has been a visiting scholar at several universities such as...
Title:Introduction to Estimating Economic ModelsFormat:PaperbackDimensions:242 pages, 9.21 × 6.14 × 0.68 inPublished:January 13, 2011Publisher:Taylor and FrancisLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0415589878

ISBN - 13:9780415589871


Table of Contents

1. Introduction  2. Consumer Behavior  3. Producer Behavior  4. Market Equilibrium Models  5. Macroeconomic Models  6. Microeconomic Analysis Using Micro-Data: Qualitative Response Models  7. Microeconomic Analysis Using Panel Data  8. Macroeconomic Time Series Analysis  9. Summary and Conclusion