## The Theory of Econometrics |

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### Contents

CHAPTER | 1 |

Measurement in Economics | 2 |

The Role of Postulates in Economics | 4 |

Copyright | |

163 other sections not shown

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### Common terms and phrases

actual amount analysis applied approximately assume assumption average bargaining billiards budget called capital Chapter clear commodity compute concentration concept consider constant construct cost defined demand curve derivative designate determined discussion distribution dollars economic elasticity equal equation equilibrium essentially estimate evaluate example exists expectation expression factors Figure formula frequency given graph growth Hence homogeneous function income increase indifference individual industry integral interesting Journal linear manufactured marginal marginal cost mathematical maximum means measure method namely observed obtain Pareto period population positive preference present probability problem production profit prove quantity range ratio relationship represented respect shown solution statistical supply curve theory tion units utility function variables vary wealth write zero