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Econometrics with Python: Statistical Modeling and Forecasting

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Description

About the Book Econometrics with Python: Statistical Modeling and Forecasting is a practical and comprehensive guide designed to bridge the gap between econometric theory and real-world applications using Python. The book blends statistical foundations, computational tools, and applied case studies, making econometrics approachable for students, researchers, and professionals. At its core, the book explores how to use Python for data-driven economic analysis. It starts with the fundamentals of regression analysis, hypothesis testing, and statistical inference, then advances into time series econometrics, forecasting techniques, and panel data modeling. Readers are gradually introduced to practical coding implementations using widely adopted Python libraries such as statsmodels, scikit-learn, pandas, numpy, and matplotlib. Key highlights of the book include: Foundational Econometrics: Clear explanations of classical linear regression, maximum likelihood estimation, and statistical assumptions. Time Series Modeling: Techniques such as ARIMA, VAR, cointegration, volatility models (ARCH/GARCH), and their applications in macroeconomics and finance. Forecasting: Practical strategies to build, validate, and evaluate predictive models for real-world data. Panel Data Analysis: Fixed effects, random effects, and dynamic panel approaches implemented in Python. Machine Learning in Econometrics: Integration of modern predictive methods with econometric principles, such as regularization, decision trees, and ensemble methods. Practical Projects: Real datasets are used to demonstrate how to perform end-to-end econometric analysis and forecasting in Python. This book is written with a hands-on approach, ensuring that readers not only understand the theoretical underpinnings of econometrics but also gain the practical ability to analyze, interpret, and forecast data.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
28 September 2025
Listed Since
30 September 2025

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