Customer Reviews

Introductory Econometrics: A Modern Approach

5 star:		(6)
4 star:		(1)
3 star:		(0)
2 star:		(0)
1 star:		(0)

 

 

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

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.

This books is excellent read. It builds good intuition, and is well suited for self-studying. It is also not too mathematical, no matrix notation, good for undergraduate students or as a review for graduate students. I can truly recommmend it.

If you don't know what you are doing then you need to get this book. If you think you know what you are doing, then you definitely need this book because you probably have no clue. Contrary to what one reviewer states, this text does provide a good balance between application and theoretical example. I use this book all of the time as a graduate student. It is a wonderful reference. If you are studying econometrics, then this is the first book you should buy.

I m a beginner in econometrics and I used this book to teach myself. It is kinda technical but understandable. Great thing is it has many examples for illustration

This book gives a nice introduction to Econometrics. It goes well when explains difficult concepts with lots of details and examples in a clear straight forward approach.

It lacks a little of rigorous proofs. It's more for you to understand what is econometrics, how to apply it and basic problems associated to it.

For more advances and rigorous texts, check the also excellent Gujarati's book, Fumio Hayashi's Econometrics and Greene's Econometrics Analysis.

the book was in good shape despite being an old edition and the delivery was prompt.