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"The most important strength of this text is its close connection (in terms of both style/structure and content) to the way empirical research is actually conducted. In particular, the emphasis on whether or not an estimated relationship can be considered causal is central to econometric practice today, and this book, unlike many others, makes that clear. The book is very comprehensive, with a wide range of topics that other introductory econometrics books do not always include but that are very common in research (e.g. panel data)."
--This text refers to an out of print or unavailable edition of this title.
Product Description
INTRODUCTORY ECONOMETRICS: A MODERN APPROACH, 4e International Edition illustrates how empirical researchers think about and apply econometric methods in real-world practice. The text's unique approach reflects the fact that undergraduate econometrics has moved beyond just a set of abstract tools to being genuinely useful for answering questions in business, policy evaluation, and forecasting environments. The systematic approach, which reduces clutter by introducing assumptions only as they are needed, makes absorbing the material easier and leads to better econometric practices. Its unique organization separates topics by the kinds of data being analyzed , leading to an appreciation for the important issues that arise in drawing conclusions from the different kinds of data economists use. Packed with relevant applications, INTRODUCTORY ECONOMETRICS offers a wealth of interesting data sets that can be used to reproduce the examples in the text or as the starting point for original research projects.
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Most Helpful Customer Reviews
3 of 3 people found the following review helpful
Format:Paperback
I was completely new to the subject a year ago and reading it has been an pleasant trip through basic econometrics. The text is full of examples and it only presents indispensable formulae so it is extremely readable in comparison with its competitors. Besides, it is written in plain English and it is clear that the author wanted to teach, to explain, to make it as clear as possible for you, the reader.
Despite the size (less than 750 pages of theories) it is amazing how many topics it covers. Actually, half of the book is the basic stuff of Econometrics but the second half is more "advanced" topics. Besides that, the author provides data sets and solutions for the exercises so it is easier to practice and learn by your own.
People may complain that it is not very advance, they are right, but the title says "Introductory". Second, the book is not oriented to any software package so I doesn't include any command and the transition from theory to practice can be a bit difficult to be done on your own. However,I think this is also out of the scope of the book and for this transition further support (teaching-books) is needed in any case.
Despite the size (less than 750 pages of theories) it is amazing how many topics it covers. Actually, half of the book is the basic stuff of Econometrics but the second half is more "advanced" topics. Besides that, the author provides data sets and solutions for the exercises so it is easier to practice and learn by your own.
People may complain that it is not very advance, they are right, but the title says "Introductory". Second, the book is not oriented to any software package so I doesn't include any command and the transition from theory to practice can be a bit difficult to be done on your own. However,I think this is also out of the scope of the book and for this transition further support (teaching-books) is needed in any case.
3 of 4 people found the following review helpful
Format:Paperback
I am a student studying econometrics and my tutor recommended this textbook as the main focus. I had no choice but to buy it despite having another econometrics textbook already. I have no regrets in purchasing this book because the explanations are plausible and easy to understand. I would also recommend it as an offer you cannot refuse.
Format:Paperback
This is a really good intro to econometrics book! it explains the concepts step by step with many examples! in my opinion, i think its really good!!
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Most Recent Customer Reviews
Perfect
The product arrived quickly, in excellent condition and was well-packed.
Regarding the book in itself, it is exactly what I expected from it : clear explanations with many... Read more
Regarding the book in itself, it is exactly what I expected from it : clear explanations with many... Read more
Published 3 months ago by ABCD
Makes States Intuitive
An essential buy for anyone studying an Econometrics course. I've used a number of books and not one has come close to this. Read more
Published 3 months ago by John
Brilliant
Book is excellent. Suggested for my course and actually helpful. Easy to locate material and read thru. Came brand new and sealed.
Published 6 months ago by pheenah
good
it useful and good. if you want to have a good command of econometrics, read it carefully. Many big institutions use if as textbook for students.
Published 7 months ago by wenying
Good, intuitive approach
Good book as an introduction to the subject. Very different from the definition-theorem-proof approach but sometimes it gets a bit too much... but which text book doesn't! Read more
Published on 27 Feb 2009 by Anders Munk-nielsen
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