Introduction

Abstract

The aim of this book is to provide an introductory treatment of time series econometrics that builds upon the basic statistical and regression techniques contained in my Analysing Economic Data: A Concise Introduction.¹ It is written from the perspective that the econometric analysis of economic and financial time series is of key importance to both students and practitioners of economics and should therefore be a core component of applied economics and of economic policy making. What I wrote in the introduction of Analysing Economic Data thus bears repeating in the present context: this book contains material that I think any serious student of economics and finance should be acquainted with if they are seeking to gain an understanding of a real functioning economy rather than having just a working knowledge of a set of academically constructed models of some abstract aspects of an artificial economy.