Econometrics by Example - Paperback

by Damodar Gujarati (Author)

The second edition of this bestselling textbook retains its unique learning-by-doing approach to econometrics. Rather than relying on complex theoretical discussions and complicated mathematics, this book explains econometrics from a practical point of view by walking the student through real-life examples, step by step. Damodar Gujarati's clear, concise, writing style guides students from model formulation, to estimation and hypothesis-testing, through to post-estimation diagnostics. The basic statistics needed to follow the book are covered in an appendix, making the book a flexible and self-contained learning resource.

The textbook is ideal for undergraduate students in economics, business, marketing, finance, operations research and related disciplines. It is also intended for students in MBA programs across the social sciences, and for researchers in business, government and research organizations who require econometrics.

New to this Edition:
- Two brand new chapters on Quantile Regression Modeling and Multivariate Regression Models.
- Two further additional chapters on hierarchical linear regression models and bootstrapping are available on the book's website
- New extended examples accompanied by real-life data
- New student exercises at the end of each chapter

Back Jacket

The second edition of this bestselling textbook retains its unique learning-by-doing approach to the study of econometrics. Rather than relying on complex theoretical discussions and complicated mathematics, this book explains econometrics from a practical point of view by walking the student through real-life examples, step by step.

The book features:
- a wide-ranging collection of examples, with data on mortgages, credit ratings, graduate school admission, fashion sales and more
- a clear, concise, writing style that guides you from model formulation, to estimation and hypothesis-testing, through to post-estimation diagnostics
- coverage of modern topics such as instrumental variables and panel data
- extensive use of Stata and EViews statistical packages with reproductions of their output
- an appendix discussing the basic concepts of statistics

The second edition has been fully revised and updated, and features two brand new chapters on Quantile Regression Modeling and Multivariate Regression Models, new extended examples accompanied by real-life data, and new student exercises at the end of each chapter.

www.palgrave.com/companion/gujarati-econometrics-by-example-2e/
For lecturers: bonus chapters, PowerPoint slides, solutions to all exercises
For students: downloadable data sets and chapter summaries

Author Biography

Damodar Gujarati is Emeritus Professor of Economics, US Military Academy, West Point, New York, USA. He has over 40 years of teaching and writing experience. As well as his bestselling textbooks he has published many articles in leading economics and statistics journals. He has Visiting Professorships at leading universities in the UK, Australia, Singapore and India.
Damodar Gujarati is Emeritus Professor of Economics, US Military Academy, West Point, New York, USA. He has over 40 years of teaching and writing experience. As well as his bestselling textbooks he has published many articles in leading economics and statistics journals. He has Visiting Professorships at leading universities in the UK, Australia, Singapore and India.