PDF Download Undergraduate Econometrics
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Undergraduate Econometrics
PDF Download Undergraduate Econometrics
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Product details
Hardcover: 424 pages
Publisher: Wiley; 2 edition (November 9, 2000)
Language: English
ISBN-10: 0471331848
ISBN-13: 978-0471331841
Product Dimensions:
7.3 x 0.9 x 10.1 inches
Shipping Weight: 1.9 pounds
Average Customer Review:
4.4 out of 5 stars
2 customer reviews
Amazon Best Sellers Rank:
#388,911 in Books (See Top 100 in Books)
Nice book, personally dislike the subject matter but it did a good job of explaining the topic.
This book is a shortened version of "Learning and Practising Econometrics (1993)", which itself is a shortened version of "The Theory and Practice of Econometrics (1982)".Hill's "Undergraduate Econometrics" 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 book both motivates the student and takes them through the steps and methods they will need to adopt in further econometric studies, and always provides a good reference (often to one of the parent books mentioned above) when it omits proofs and other details.The only weakness of the book reveals what is (to my mind) an unhealthy preoccupation with estimation issues, as opposed to those of data quality. As people like Granger have consistently pointed out, the real issues in 21st century econometrics have to do with what sort of data we have, and what methods are most appropriate in different situations. Despite this, Hill et al almost exclusively dwell on the identically and independently distributed (iid) specification. However, I should point out in the book's defence that this preoccupation is shared by most other introductory (and graduate) textbooks on econometrics.The book's good points far outweigh these weaknesses. Finally, the second edition has some updates, and discusses such developments as time series econometrics. "Undergraduate Econometrics" should definitely be purchased by anyone wishing to learn about modern empirical methods.
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