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Introductory Econometrics: A Modern Approach (with Economic Applications Online, Econometrics Data Sets with Solutions Manual Web Site Printed Access Card)

Customer Reviews:

A very good book

By A. Johnson - February 25, 2007

Wooldridge's explanations are clear and useful. After a semester hacking my way through the dense brush of matrices in Greene's book, I realized I needed some help. Now I go to Wooldridge's treatment first, to make sure I understand the main concepts. Then I go to Greene for the detail, if I need to.

Introductory Econometrics

By Edward Blomdahl "Polymath288" - February 4, 2009

I'm using "Introductory Econometrics" for review, and in that respect it's very thorough. But it can also be used, as the title asserts, as an introductory textbook.

Mr. Wooldredge is very practical, as he keeps the topics at the "applied" level. He includes just enough theory to help in understanding how and why the model works, and he keeps repeating what every econometrician knows: econometrics is problematic in application. Keep it as a reference after you finish the class.

One can also get the database that Mr. Wooldridge uses (as well as several others) by going to the Wake Forest University website and downloading a free copy of the econometric software package, "Gretl." Gretl will handle any econometric models in "Introductory Econometrics."

Excellent for cross-sectional but needs complements for time series

By Erick Ramos Murillo - November 30, 2006

As the author says, the book is "aimed at undergraduates but it is adaptable to master's students". It will provide you with excellent and extensive real life explanations. What is better about this book is that you can redo every example in the book by using the online data that it provides with. This was it is easier what happens by experimenting. In that sense this book is superior to many others where you cannot see how the results of estimations came about.

There is only one thing to take into account. Although there are three parts to this book, the shortest one is time series. Its coverage will is therefore not very comprehensive if you want basic explanations like the VAR, GARCH models etc...

In that case, I would recommend the book New Directions in Econometric Practice by Wojciech W. Charemza.

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Amazon USPaperback$6.80 - $319.95
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