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Using Econometrics: A Practical Guide (4th Edition), by A.H. Studenmund
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This revolutionary text covers single-equation linear regression analysis in an easy-to-understand format that emphasizes real-world examples and exercises. This intuitive approach focuses on learning how to use econometrics, not on matrix algebra or calculus proofs. Clear, accessible writing and numerous exercises provide students with a solid understanding of applied econometrics. This new approach is accessible to beginning econometrics students as well as experienced practitioners.
- Sales Rank: #327800 in Books
- Brand: Brand: Addison Wesley
- Published on: 2000-07-24
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x 1.50" w x 7.50" l,
- Binding: Hardcover
- 656 pages
- Used Book in Good Condition
Most helpful customer reviews
16 of 17 people found the following review helpful.
A must have for introductory econometrics
By Aren Megerdichian
Using Econometrics: A Practical Guide, is an excellent text for an introductory course in econometrics. I commend the the author for using a logical and systematic manner regarding the structure of the book. The beginning chapters emphasize regression analysis and hypothesis testing. The middle chapters relax each of the classical assumptions regarding OLS analysis, therefore confronting nonlinear functional form, autocorrelation, multicollinearity, heteroskedasticity, and so on. Finally, the last chapters of the book encompass further topics in econometric analysis, such as forecasting, simultaneous equations, dependent binary variables, etc.
I recommend this book to those who understand university-level algebra and statistical concepts such as probability theory, hypothesis testing, central limit theorem, etc. However, calculus based probability theory is not at all a prerequisite for this text.
14 of 15 people found the following review helpful.
The best text to have for USING econometrics...
By JM Showalter
This text probably is not necessary for those with a heavy background in mathmatical econometrics.... but is an overwhelmingly useful tool for students are new to the field of econometric analysis be it used in economics, political statistics, sociology, or other fields. It can provide simple answers to the (normal) kinds of simple questions that pop up.... and basic explanations for terminology, etc. It explains additions to typical OLS regression clearly and aptly.
I would recommend this text as a must-buy for anyone NOT looking for hard-core theoretical math but only for something useful....
7 of 7 people found the following review helpful.
Good Starting Point for Econometrics
By Aren Megerdichian
In 2000, I wrote a review of this text. I still stand by my assertion that this is an excellent introduction to econometrics. One thing that I failed to mention in my 2000 review is that this book is good for people who have never seen econometrics in their life. Furthermore, don't expect to see proofs, theorems, etc. This book does not emphasize mathematics.
For a good introductory book that does incorporate calculus, some proofs, etc., get Gujarati's "Basic Econometrics" (not to be confused with Gujarati's "Essentials of Econometrics"). If you're only going to have one introductory book, and you want a mathematical treatment, get Gujarati. If you want an introductory book without a mathematical treatment, get Studenmund.
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