Customer Reviews

Introduction to Econometrics

5 star:		(5)
4 star:		(1)
3 star:		(0)
2 star:		(0)
1 star:		(1)

 

 

Although I have taken numerous courses in statistics, I have sometimes struggled to fully understand some of the key concepts in Econometrics. I finally decided to start from the beginning, and I read this book cover to cover. This text has made a world of difference for me as I am now able to pick up the standard Econometrics texts (Maddala, Woolridge, Greene, etc) and better understand more complex models. Another advantage of this text is that Dougherty uses Stata output and offers explanations on interpreting the output. This is a must read for anyone wanting a straightforward presentation of basic Econometrics.

An excellent guide to someone starting out on an econometrics courese at university level. It really cuts through all the mathematical jargon that is usually found in books of this type and leaves the reader with a real understanding of the subject.

Clear and complete, often shedding light on nuanced details left unexplained in other intro texts, this book is masterfully written. In the past I've found statistics and numerical methods to be nauseatingly dull but this book is interesting and keeps your attention.

The book is well written. Explanations on the vital classical assumptions that must be met for OLS to work are given, and problems when these assumptions are not met are also explained. Good introductory econometrics book that explains multicollinearity, serial correlation, spurious regression results, granger causality, and a plethora of other economic terms in an understandable format for the reader.

You will learn the material quickly are learn how to make sure the equation is void of any specification errors and how to check for issues that may arise in economic analysis.

I was looking for an econometric introduction textbook for my son who is an engineering major. My son just finished his freshman year and his math background includes: AP statistics, Calculus BC, multi-variable calculus, linear algebra and ordinary differential equation. Although he had complained about statistics being hard to grasp, he is going through this book and doing most of the exercises with minimum help from me.

In contrast, I had a hard time with, An introduction to Classical Econometric Theory; by Paul A Ruud, as my first econometric reading. I think this book not only makes econometrics understandable and it also presents many practical techniques for situations that we often encounter.

a clear introduction to econometrics without use of advanced mathematics.

There are many notes in this book and the out face waa scratched.

The framework is too bad,doesn't provide a line from EZ to hard.

Try some other quantitative finance text,please