Summary of Introduction to Econometrics

Introduction to Econometrics, Third Edition by James H. Stock and Mark W. Watson provides a comprehensive and contemporary introduction to econometrics. By focusing on intuition, applications, and methodology, the text offers students and instructors an accessible approach to modern econometrics. The Third Edition balances theory and empirical evidence with fully updated data sets and examples. Topics covered include basic regression methods, OLS asymptotics, instrumental variables estimation, two-step methods, nonlinear regression and limited dependent variable models, and the bootstrap. Throughout the text, the authors use real data to illustrate relevant concepts and to engage and motivate students.