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Title: Basic Econometrics w/Software Disk by Damodar N Gujarati ISBN: 0-07-247852-7 Publisher: McGraw-Hill/Irwin Pub. Date: 18 March, 2002 Format: Hardcover Volumes: 1 List Price(USD): $133.15 |
Average Customer Rating: 4.25 (20 reviews)
Rating: 5
Summary: Gujarati makes econometrics perfectly clear
Comment: As a Ph.D. student in finance I'm currently taking my first course on econometrics. Our class text is Greene's Econometric Analysis. The Greene book is great for graduate student level coverage, but when it comes to getting clear answers to my basic questions, I always reach for "Guj." He provides thorough yet highly lucid descriptions of all the key econometric topics. Also, there is a chapter on the more advanced linear algebra approach to econometrics along with good appendices to cover relevant statistics. I wouldn't try to learn econometrics without the Guj.
Rating: 3
Summary: A good, but quite old, introduction to econometrics book
Comment: I used this book during my first 2 courses of econometrics during the college. Yoo'll know, after reading the first chapters, everything about the basic tool in the field, ols (this could be seen as a problem, because you spend too much time studying too many details; an economist doesn't necessarily need such knowledge and an amateur econometrist should rather begin with a more concise manual). It's an "easy-to-read" book. Every standard student (like myself) should be able to understand everything even if he is going on his own. The problem with this book is that Gujarati wrote it 15 years ago (aprox.); the way of teaching econometrics has evolved, Gujarati's not. It's true; the recent re-editions of the book include several modern topics, such as time series and an introduction to unit roots. But the way regression problems (autocorrelation, heterocedasticity, etcetera) are treated isn't perfectly actualized. A much more modern approach and, as far as I know equally simple, can be found in Johnston and Dinardo's Econometric Methods. Gujarati's is a good idea for those wishing to learn econometrics, but there are better options, such as the one I already mentioned, the Greene and the Hill/Griffiths/Judge's. This book is much better than Maddala's. In conclusion I can say this book is a good option for undergraduate students, but not the best one.
Rating: 5
Summary: BEST INTRODUCTION YOU CAN FIND
Comment: Hi everyone:
If you've never done econometrics, and you're about to take your first course in econometrics, make sure you have this book. With this book you will have a competitive advantage over your classmates because you will not only know the what and the how, but also the why. In short you'll become a shrewd econometrician.
NB: This book is excellent but only as an introduction. If you've already taken econometrics, then you might wanna get the more advanced Greene.
Thank you,
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Title: Student Solutions Manual t/a Basic Econometrics by GUJARATI ISBN: 0072427922 Publisher: McGraw-Hill/Irwin Pub. Date: 13 March, 2002 List Price(USD): $55.75 |
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Title: A Guide to Econometrics - 4th Edition by Peter Kennedy ISBN: 0262611406 Publisher: MIT Press Pub. Date: 08 May, 1998 List Price(USD): $32.95 |
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Title: Econometric Analysis by William H. Greene, William H Greene ISBN: 0130661899 Publisher: Prentice Hall Pub. Date: 22 August, 2002 List Price(USD): $130.00 |
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Title: Introductory Econometrics: A Modern Approach by Jeffrey M. Wooldridge ISBN: 0324113641 Publisher: South-Western College Pub Pub. Date: 11 July, 2002 List Price(USD): $113.95 |
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Title: Econometric Models and Economic Forecasts by Robert S Pindyck, Daniel L Rubinfeld ISBN: 0079132928 Publisher: McGraw-Hill/Irwin Pub. Date: 01 July, 1997 List Price(USD): $158.00 |
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