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Analysis of Economic Data [Paperback]

Gary Koop (Author)
4.2 out of 5 stars  See all reviews (6 customer reviews)


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Paperback $32.17  
Paperback, March 29, 2000 --  
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Analysis of Economic Data Analysis of Economic Data 4.2 out of 5 stars (6)
$32.17
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Book Description

0471999156 978-0471999157 March 29, 2000 1
Analysis of Economic Data Analysis of Economic Data teaches methods of data analysis to students whose primary interest is not in econometrics, statistics or mathematics. It shows students how to apply econometric techniques in the context of real-world empirical problems. Key features include:
* Adopts a largely non-mathematical approach relying on verbal and graphical intuition
* Covers most of the tools and models used in modern econometrics research e.g. correlation, regression and extensions for time-series methods
* Contains extensive use of real data examples and involves readers in hands-on computer work
* A disk is packaged with the book containing all data sets included in the text
Professor Koop has done a wonderful job in explaining sophisticated statistical concepts . to people with no statistical background. Kai Li, University of British Columbia The author has a real knack for getting the ideas across in a straightforward and intuitive manner . Dr Koop possesses immense technical ability along with a down-to-earth willingess to entertain a student's perspective. Craig Heinicke, Baldwin Wallace College


Editorial Reviews

Review

"The striking & highly commendable feature of the text is the intuitive approach. It is a rare textbook that can be read from cover to cover sustaining the reader 's interest.", , , THES#

From the Back Cover

Analysis of Economic Data Analysis of Economic Data teaches methods of data analysis to students whose primary interest is not in econometrics, statistics or mathematics. It shows students how to apply econometric techniques in the context of real-world empirical problems. Key features include:
* Adopts a largely non-mathematical approach relying on verbal and graphical intuition
* Covers most of the tools and models used in modern econometrics research e.g. correlation, regression and extensions for time-series methods
* Contains extensive use of real data examples and involves readers in hands-on computer work
* A disk is packaged with the book containing all data sets included in the text
Professor Koop has done a wonderful job in explaining sophisticated statistical concepts . to people with no statistical background. Kai Li, University of British Columbia The author has a real knack for getting the ideas across in a straightforward and intuitive manner . Dr Koop possesses immense technical ability along with a down-to-earth willingess to entertain a student's perspective. Craig Heinicke, Baldwin Wallace College

Product Details

  • Paperback: 238 pages
  • Publisher: John Wiley & Sons; 1 edition (March 29, 2000)
  • Language: English
  • ISBN-10: 0471999156
  • ISBN-13: 978-0471999157
  • Product Dimensions: 9.6 x 6.7 x 0.7 inches
  • Shipping Weight: 1.1 pounds
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (6 customer reviews)
  • Amazon Best Sellers Rank: #1,533,125 in Books (See Top 100 in Books)

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Customer Reviews

6 Reviews
5 star:
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4 star:
 (1)
3 star:    (0)
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Average Customer Review
4.2 out of 5 stars (6 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

5 of 5 people found the following review helpful:
4.0 out of 5 stars Excellent introductory text, April 19, 2006
By 
obediah (Sydney, Australia) - See all my reviews
This book could have also been titled "Econometrics for Dummies". Koop explains the basics of econometrics remarkably well without having to resort to complicated mathematical formulae or convoluted explanations. For neophytes looking to learn the basics of linear regression, multiple regression and time series analysis this is the perfect the text. Anyone requiring a treatment of more advanced topics (heteroscedasticity, censored regression, weighted least squares and so forth) should look to a different text. However, for any beginners to econometrics I would recommend this as a very readable and understandable introduction.
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3 of 3 people found the following review helpful:
5.0 out of 5 stars Great data analysis book for newbies, January 20, 2008
So well articulated - it will encourage even the most Mathphobic to move through the chapters with increasing confidence and understanding. A very good foundation book for data analysis newbies. Explains a lot of econometric concepts found in academic literature with minimum jargon and good examples.
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7 of 9 people found the following review helpful:
5.0 out of 5 stars What a relief? Remarkable simplification of econometrics., February 21, 2001
By 
Kishor Kabse (Morris Plains, New Jersey USA) - See all my reviews
This review is from: Analysis of Economic Data (Paperback)
I believe, econometrics has evolved into an immensely useful theory though an equally complicated one. Prior grasp on knowledge of statistics and mathematics in general is critical. If you have tried it before, you may agree that drawing accurate inferences out of substantial economic data using statistical models could be a towering task in itself. Imagine yourself [if you are not one of those expert PhD's in economics or statistics] wanting to know why some economic indicaors behave the way they do. well! pick some books on econometrics and read. I will be surprized if you did not have to refer to some other text book to understand at least some of the topics in the book you chose to read. Gary Koop has written a remarkably simple book on the subject. You will not have to read any other text book to understand what Gary wrote. In fact, you will understand econometric models much better and then hopefully understand the meaning behind relationship of economic indicators. You will start thinking like an expert. What more joy is there for an eager and ordinary reader to chose and read a book on econometrics and actually understand it well? Try to find your lost needle in a heystack and remember the happiness you got when you found it. That is what I got from Gary's extraordinary book. Thank you Gary Koop.
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Inside This Book (learn more)
First Sentence:
There are several types of professional economists working in the world today. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
explaining house prices, deterministic trend model, reflecting causality, house price example, spurious regression problem, polynomial distributed lag model, graphical intuition, long run multiplier, cause price inflation, extra square foot, dummy explanatory variables, correct critical values, lag length selection, distributed lag models, regular oranges, time series variables, equilibrium error, organic oranges, many explanatory variables, cointegrated variables, true regression line, different explanatory variables, taking deviations, differenced data, unit root
Key Phrases - Capitalized Phrases (CAPs): (learn more)
P-value Lower, Coefficient Standard, John Wiley, Granger Representation Theorem, Carter Hill
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