Designed to promote students' understanding of econometrics and to build a more operational knowledge of economics through a meaningful combination of words, symbols and ideas. Each chapter commences in the way economists begin new empirical projects--with a question and an economic model--then proceeds to develop a statistical model, select an estimator and outline inference procedures. Contains a copious amount of problems, experimental exercises and case studies.
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Instructor's Manual and Computer Handbooks available. -- The publisher, John Wiley & Sons
From the Publisher
Designed to promote students' understanding of econometrics and to build a more operational knowledge of economics through a meaningful combination of words, symbols and ideas. Each chapter commences in the way economists begin new empirical projects--with a question and an economic model--then proceeds to develop a statistical model, select an estimator and outline inference procedures. Contains a copious amount of problems, experimental exercises and case studies.
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Most Helpful Customer Reviews
19 of 19 people found the following review helpful:
5.0 out of 5 stars
The Perfect Bridge to Greene,
This review is from: Learning and Practicing Econometrics (Hardcover)
This is a great beginner's textbook. Whereas some, like Greene, are going to be too hard for some beginners, and others like Gujarati are far too basic, this book strikes an excellent balance. It's best feature is all the worked examples is gives you, including the raw data used, allowing you to enter the data into a statistical package and make sure you get the same result. This is a great confidence builder!
6 of 6 people found the following review helpful:
4.0 out of 5 stars
The best undergraduate econometrics book,
By The Blue Man (Oxford, OXON England) - See all my reviews
This review is from: Learning and Practicing Econometrics (Hardcover)
Instills understanding by slowly going through derivations and principles, while at the same time motivating econometric analysis by referring to economic situations where it can be used. Much better than Gujarati (which tends to be a "cookery book" rather than giving an integrated treatment).The only weakness of the book is that it focusses almost exclusively on estimation under the assumption that error terms are identicallly and independently distributed (iid). However, all other undergraduate econometric textbooks (and a lot of graduate ones too!) display this preoccupation, so Griffiths et al are no worse than their rivals. An update to this book would also be good, as it's nearly 10 years old now. However, its good points far outweigh these weaknesses.
5 of 6 people found the following review helpful:
4.0 out of 5 stars
Good book but maybe too ...,
By A Customer
This review is from: Learning and Practicing Econometrics (Hardcover)
This is a good book for beginners. I found the idea of explaining the whole process by examples really interesting but if you're gonna go deep in econometrics maybe this is not your book. It takes you by the hand and that's a great thing for the ones who don't know this great science and after all I did appreciate this book!
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Inside This Book
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First Sentence:
Economics is a social science. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
beer expenditure, nonsample information, least squares rule, general linear statistical model, complete prior uncertainty, tth household, simple linear statistical model, mean food expenditure, approximate large sample distribution, food expenditure example, geometric lag model, consumption function parameters, unknown economic parameters, nonwar years, restricted least squares estimates, minimum mean squared error forecast, finite distributed lag model, random regressors, indirect least squares, predictive density function, corresponding statistical model, distributed lag weights, sampling theory procedures, statistical model specification, weekly food expenditure Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, John Wiley, Monte Carlo, General Electric, United States, Economic Report of the President, Marcel Dekker, Bay Area, Journal of Econometrics, Cajun Cola, Repeat Exercise, Applied Regression Analysis, Basic Econometrics, Bureau of Economic Analysis, Elements of Econometrics, Moscow Makkers, Nielsen Marketing Research, Academic Press, Basil Blackwell, Cambridge University Press, Cattle Price Numbers, Consider Exercise, Department of Commerce, Fred's X-ray, Honda Accords New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Economics is a social science. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
beer expenditure, nonsample information, least squares rule, general linear statistical model, complete prior uncertainty, tth household, simple linear statistical model, mean food expenditure, approximate large sample distribution, food expenditure example, geometric lag model, consumption function parameters, unknown economic parameters, nonwar years, restricted least squares estimates, minimum mean squared error forecast, finite distributed lag model, random regressors, indirect least squares, predictive density function, corresponding statistical model, distributed lag weights, sampling theory procedures, statistical model specification, weekly food expenditure Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, John Wiley, Monte Carlo, General Electric, United States, Economic Report of the President, Marcel Dekker, Bay Area, Journal of Econometrics, Cajun Cola, Repeat Exercise, Applied Regression Analysis, Basic Econometrics, Bureau of Economic Analysis, Elements of Econometrics, Moscow Makkers, Nielsen Marketing Research, Academic Press, Basil Blackwell, Cambridge University Press, Cattle Price Numbers, Consider Exercise, Department of Commerce, Fred's X-ray, Honda Accords New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 33
books:
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23
books
cite this book:
See all 23 books citing this book
- The Theory and Practice of Econometrics (Wiley Series in Probability and Statistics) by George G. Judge on 26 pages
- Introduction to the Theory and Practice of Econometrics, 2nd Edition by George G. Judge on 25 pages
- Introduction to Econometrics by G. S. Maddala on 6 pages
- Econometric Models and Economic Forecasts by Robert Pindyck on 4 pages
- Applied Regression Analysis in Econometrics (Statistics: A Series of Textbooks and Monographs) by H. E. Doran on 4 pages
See all 33 books this book cites
- An Introduction to Time Series Analysis and Forecasting: With Applications of SAS® and SPSS® by Robert A. Yaffee on page 151, page 266, and page 468
- Pervasive Prejudice?: Unconventional Evidence of Race and Gender Discrimination (Studies in Law and Economics) by Ian Ayres on page 42, and page 264
- Maximum Entropy Econometrics: Robust Estimation with Limited Data by Amos Golan on page 145, and Back Matter
- Economic Sanctions: Examining Their Philosophy and Efficacy by Hossein G. Askari in Back Matter (1), and Back Matter (2)
- Economists' Mathematical Manual by Knut Sydsaeter in Back Matter
See all 23 books citing this book
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