Basic Econometrics

by Damodar N. Gujarati

The product is new condition. There may be minor ware house scratches otherwise it is new.

Genres: Economics, Textbooks, Nonfiction, Academic, Finance, Mathematics, College

1002 pages, Unknown Binding

First published January 1, 1987

Reviews

[Amit Mishra]

A perfect partner for the beginners in econometrics. Every terms and concept are explained in a lucid manner and a familiar approach towards the difficult issues. A nice book for the beginners, intermediate and for experts ass well.

[Scribble Orca]

I HATE this subject and anything quantitative. But if you, like me, are a complete klutz at regression analysis and can't tell a t-test from a t-shirt, this book will get you through the theory part of your exam. It saved my grade when I failed my practical.

[Dey Debasmita]

Econometrics is perhaps not the most popular course for many economics students. In the worst-case scenario, students may be bored with the course, feel alienated and unmotivated, and fail to understand the statistical theory which underlies the various theorems. All too often, students do not have an intuitive understanding of the econometric tools by the end of the course because their focus has been on rote learning. Introductory econometrics textbooks are probably the chief culprit and are to blame for these problems: they use statistical theorems which are incomprehensible to even the most capable students. illustrate theoretical results using outdated and irrelevant empirical (macroeconomic) examples, cover far too much material and, most importantly, do not explain econometric principles in an intuitive manner.

The book by Gujarati is written in the tradition of typical introductory econometrics textbooks. Despite having used the book and prepared lecture notes from it for an introductory course in econometries, it is disappointing that I am unlikely to use them again. The first chapters of the book can be incomprehensible to even the best students, despite the claim in the preface that the objective of the book is to provide an elementary introduction to econometrics. Furthermore, the illustrative examples, which are often of a macroeconomic nature, do not relate to modern macroeconomics, are not particularly interesting, and are not relevant to the world in which the students live. The 838-page length of the book is excessive. Together with its large content of formulae, the (weaker) student may become intimidated by the course even before it has commenced!

[Han]

OCHE.....buat buku satu ini, bagi yang ga berkepentingan, DIANJURKAN BERDASARKAN KONSULTASI DOKTER SARAF, JANGAN DIBACA.....saat membaca akan menimbulkan efek:
1. mata merah karna begadang
2. salat subuh jadi jam 5.30 WIB
3. ngantuk dikelas....
4. pusing-pusing,
5. stress berkelanjutan
6. dan diikuti olah DB
soo kamu baca ini pas jelang skipsi ajah (klo bener2 perlu) ato mau cari nilai karena nilai dapet dari meringkas ato mau persentasi di depan kelas

[Nick Crowley]

I wish I had read this book seven years ago, when I was attending my very first course in econometrics. Back then, I couldn't make heads or tails of what my professor was explaining amid all the probability theory, lengthy proofs, and matrix algebra. Not until the end of the semester did I finally grasp the concept of a regression (laughable, as any student of econometrics would understand). All told, I paid nearly $9,000 in tuition fees for my set of three econometrics courses at UW-Madison. When I finished my master's degree, I had only a passing knowledge of this material.

Years later, I picked up Gujarati's Basic Econometrics at the local St. Vincent de Paul's for $1.99. After many a late night study, I have learned more from this expenditure--less than the cost of a cappuccino--than all the time I spent in lectures with PhD economists from Ivy League schools. I don't know what that says about my schooling, or, separately what it says about me. Was the schooling bad, or was I too weak-minded to understand the highly theoretical approach? We can't know with the data we have today.

Here is what I know: I read all 800 pages of this textbook cover to cover, and I now have a vastly better grasp of basic econometrics. I now have a set of statistical tools directly applicable in my work as an economist dealing with time series data wrought with autocorrelation, endogeneity, and other common data issues. I am ready to continue my econometrics education with more advanced papers and books.

[Don]

Not bad but not rigourous.

[Kateu Herbert]

My lecturer used this during my bachelor's. I have a soft copy and it's my go to Bible for econometrics for it's in-depth explanations of all the thoery however introduction to econometrics by wooldridge is an easier read although it doesn't cover all the topics here.

[Bootaan Bootaan]

Best simple, great and enjoyable in the uncomfortable world world of econometrics

[Martin David]

This book has everything about Econometrics. Mr Gujarati explained the difficult subject in a very simple and easily digestible way.

[Jayson Presto]

nice

[Adam Bagaskara]

penjelasan teori matematika, statistika dalam ekonomi sangat jelas dan mudah mudah dipahami untuk suatu penelitian kuantitatif

[Ashwin]

Gave me trauma. Good book though

[Sarara Jafrin]

This book saved my ass

[Mark]

I despised the Gujarati text throughout much of Econ 4XX, but I’ve long since come to understand that it was/is a solid piece of work suitable for students with a wide range of understanding of the subject, from introductory econometrics through the deep dive to which our professor (from MIT) subjected our little band of grad students. Remains a handy reference all these years later.

[Arjun]

God Dam(odar)! This is good.

Great undergrad text -- new edition is greatly improved...

[Ince]

Yah...If u like econometric, u must finish read this book.

[Septika]

If you learn econometrics, you must read this book!!

Tp aku punya yg terjemahan. Jadi malah rada2 bingung bacanya (so..cm bisa ngasih 2*). Pengen punya yg aslinya.. :)

[Sam Snideman]

This rating had less to do with the actual book and more to do with the fact that I hated econometrics. It's difficult for me to separate the book from the course.

[Wu Zheng]

Good text book. Very compact and explain everything clearly.

[Siti Ngalim]

Easy to read and understand. Very thick but reasonable as it discusses a lot and try to explain everything in details plus examples and guide to use some computer applications for econometrics.

[Priandhita Asmoro]

kalo novel dibaca karena suka...kalo buku ini dibaca karena terpaksa,, he :P
This book is a "weapon" for researchers to analyze data ...

[Hillary Corwin]

Probably the best of the econometrics books I've read as far as clarity goes. Kennedy's A Guide to Econometrics makes a nice complement.

[Mission]

uppose the price of a coommodity was Tk .03 and at the quantity demand was 3250 units but when price increase to Tk .05 demand decreased to 1250 units .What will be the value of elasticity

[Ahmed Hassan]

انا بعتذر اني كنت بكرهك...

[Shereen Yehia]

this was a very good book , i recommend it

[Sandagdorj]

Econometric is not a poem.

[Abdul Aziz]

it will definetely help me in the econometrics field.

[Karina]

leerlo

[Oda Ayu]

do not read this even if you were obliged to, i advice you to change the text book into something more applicable other than a book full of wombs everywhere like this. this isn't something you can digest easily, be aware of some surprises - and a paracetamol while read this book.