Econometrics by Example, 2nd Edition

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 chapterAccompanying online resources for this title can be found at bloomsburyonlineresources.com/econometrics-by-example-2. These resources are designed to support teaching and learning when using this textbook and are available at no extra cost.

“"This innovative textbook continues to be an invaluable resource for all students of econometrics." - Frank J. Fabozzi, EDHEC Business School, France "Gujarati makes state-of-the-art econometric procedures accessible to readers with limited technical backgrounds. As usual, the writing is crisp and clear, making it a pleasure to read." - Michael Grossman, City University of New York Graduate Center, USA "Gujarati's wonderful text provides a no-clutter way of learning intermediate econometrics with solid real-world examples." - Jin Suk Park, University of Durham, UK "This comprehensive book covers the basic and the most important advanced statistical techniques that economists and social scientists need to conduct empirical research. The techniques are discussed in a sequence that demonstrates their connections, their strengths and weaknesses, as well as their applicability and appropriateness for different types of data. The discussions are accessible and clear." - Paul Solano, University of Delaware, USA "Dr Gujarati's lucid, simple and extraordinary style of exposition makes students learn critical concepts quickly. His book is essential for econometrics classes all over the world." - Kishore G. Kulkarni, Distinguished Professor of Economics and Editor, Indian Journal of Economics and Busines”

"This innovative textbook continues to be an invaluable resource for all students of econometrics." - Frank J. Fabozzi, EDHEC Business School, France "Gujarati makes state-of-the-art econometric procedures accessible to readers with limited technical backgrounds. As usual, the writing is crisp and clear, making it a pleasure to read." - Michael Grossman, City University of New York Graduate Center, USA "Gujarati's wonderful text provides a no-clutter way of learning intermediate econometrics with solid real-world examples." - Jin Suk Park, University of Durham, UK "The clear writing, numerous examples and figures, clear summaries, and useful exercises make Econometrics by Example the ideal text for learning econometrics. Moreover, it is also the perfect reference for students who wish to apply econometrics in other courses and in their professional lives." - Michael J. Meese, US Military Academy, West Point, USA "This comprehensive book covers the basic and the most important advanced statistical techniques that economists and social scientists need to conduct empirical research. The techniques are discussed in a sequence that demonstrates their connections, their strengths and weaknesses, as well as their applicability and appropriateness for different types of data. The discussions are accessible and clear." - Paul Solano, University of Delaware, USA "Dr Gujarati's lucid, simple and extraordinary style of exposition makes students learn critical concepts quickly. His book is essential for econometrics classes all over the world." - Kishore G. Kulkarni, Distinguished Professor of Economics and Editor, Indian Journal of Economics and Business

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.

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. For lecturers: bonus chapters, PowerPoint slides, solutions to all exercises For students: downloadable data sets and chapter summaries

The success of the first edition of Econometrics by Example, from best-selling author Damodar Gujarati, can be attributed to the example-led, learning-by-doing approach that avoids discussion of complex theory or mathematics. The new edition has retained this method of relating the complex nature of econometrics in an engaging and student-friendly way whilst adding fresh new examples and two brand new chapters on Quantile Regression Modeling and Multivariate Regression Models.

This item is eligible for free returns within 30 days of delivery. See our returns policy for further details.