Böcker av Mary S. (London School of Economics and Political Science) Morgan

Previously economists used words to describe their economic world and to argue about its laws. Nowadays, economists describe the world through mathematics and explain the phenomena of the real-world economy by reasoning with those little models. The World in the Model tells the story of this major cognitive shift.

This 1995 book contains a collection of the classic papers of the pioneer econometricians. Together, these papers form the foundations of econometric thought, and are essential reading for anyone seeking to understand the aims, method and methodology of econometrics and the development of this statistical approach in economics.

The History of Econometric Ideas covers the period from the late-nineteenth century to the middle of the twentieth century, illustrating how economists first learnt to harness statistical methods to measure and test the 'laws' of economics. Though scholarly, Dr Morgan's book is very accessible and does not require a high level of prior statistical knowledge.