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Title: Introductory Econometrics: A Modern Approach by Jeffrey M. Wooldridge ISBN: 0-324-11364-1 Publisher: South-Western College Pub Pub. Date: 11 July, 2002 Format: Hardcover Volumes: 1 List Price(USD): $113.95 |
Average Customer Rating: 4.78 (9 reviews)
Rating: 4
Summary: Did the trick ...
Comment: As an undergraduate student, studying econometrics I advise that this book is a very (very) basic introduction to econometrics (one-step up from basic statistics, probabilities, etc).
One minus of the book, is that it lacks detailed examples of some of the key concepts (which is defintiely a must when you are learning something new) .... the concepts are detailed enough but it is always helpful to have a real world example of the concept.
Also, some of the chapters can induce learning overload and require intense concentration ... which I found to be quite annoying (as you do when you are a student). If the chapters were broken up a bit more, it would be a far easier read (see my recommendation below concerning an easier read).
However, the appendices are most excellent for review of key prior mathmatical knowledge (probabilities,statistics, etc) ... but you will likely need to know your "stuff" before you attempt to read this book (which is logical really).
If you are interested in econometrics but not so good with maths, I recommend purchasing Schaum's outlines: an introduction to mathematical economics by Edward T Dowling, as this is a most excellent, informative book with hundreds of worked through examples.
Additionally, I have also recently read "Learning and practising econometrics" by William E Griffiths et al, and this is a far easier read than Woolridges book ... but maybe that is because I have already read Woolridges book (just a thought).
At any rate whilst using this book, I passed my basic econometrics 200 level course, with a pleasing grade. So all in all, the book did do the trick!
Good luck, Kristina
Rating: 5
Summary: commment
Comment: I love this book even as a graduate student. It covers all the major issues in the fields and explains it more easily to understand than the graduate texts. I borrowed a copy and then decided to buy one.
Rating: 4
Summary: Good but not enough.
Comment: I bought Wooldridge`s book about 5 months ago, because I needed an introductory text, which is newer than Gujarati`s Basic Econometrics (1995).
Wooldridge's book is easy to understand, covers most of the topics you can expect. Good for beginners, undergraduate courses, but finally I still felt necessary to buy Gujarati`s book too. The latter is just better for an introductory-intermediate text.
If you have a low budget, and you need a text that you can use in the long run as well, choose rather Gujarati`s book.
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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 of Cross Section and Panel Data by Jeffrey M. Wooldridge ISBN: 0262232197 Publisher: MIT Press Pub. Date: 01 October, 2001 List Price(USD): $75.00 |
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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: Microeconomic Theory: Basic Principles and Extensions by Walter Nicholson ISBN: 0030335930 Publisher: South-Western College Pub Pub. Date: 26 October, 2001 List Price(USD): $117.95 |
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Title: Fundamental Methods of Mathematical Economics by Alpha C. Chiang ISBN: 0070108137 Publisher: McGraw-Hill/Irwin Pub. Date: 01 February, 1984 List Price(USD): $130.65 |
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