Introductory Econometrics: A Modern Approach

Author: Jeffrey M. Wooldridge
List Price: $113.95
Our Price: Click to see the latest and low price
ISBN: 0324113641
Publisher: South-Western College Pub (11 July, 2002)
Sales Rank: 49,880
Average Customer Rating: 4.78 out of 5

Customer Reviews

Rating: 4 out of 5
Did the trick ...
As an undergraduate student, studying econometrics I advise that this book is a very (very) basic introduction to econometrics (one-step up from basic statistics, probabilities, etc).

One minus of the book, is that it lacks detailed examples of some of the key concepts (which is defintiely a must when you are learning something new) .... the concepts are detailed enough but it is always helpful to have a real world example of the concept.

Also, some of the chapters can induce learning overload and require intense concentration ... which I found to be quite annoying (as you do when you are a student). If the chapters were broken up a bit more, it would be a far easier read (see my recommendation below concerning an easier read).

However, the appendices are most excellent for review of key prior mathmatical knowledge (probabilities,statistics, etc) ... but you will likely need to know your "stuff" before you attempt to read this book (which is logical really).

If you are interested in econometrics but not so good with maths, I recommend purchasing Schaum's outlines: an introduction to mathematical economics by Edward T Dowling, as this is a most excellent, informative book with hundreds of worked through examples.

Additionally, I have also recently read "Learning and practising econometrics" by William E Griffiths et al, and this is a far easier read than Woolridges book ... but maybe that is because I have already read Woolridges book (just a thought).

At any rate whilst using this book, I passed my basic econometrics 200 level course, with a pleasing grade. So all in all, the book did do the trick!

Good luck, Kristina


Rating: 5 out of 5
commment
I love this book even as a graduate student. It covers all the major issues in the fields and explains it more easily to understand than the graduate texts. I borrowed a copy and then decided to buy one.


Rating: 4 out of 5
Good but not enough.
I bought Wooldridge`s book about 5 months ago, because I needed an introductory text, which is newer than Gujarati`s Basic Econometrics (1995).
Wooldridge's book is easy to understand, covers most of the topics you can expect. Good for beginners, undergraduate courses, but finally I still felt necessary to buy Gujarati`s book too. The latter is just better for an introductory-intermediate text.
If you have a low budget, and you need a text that you can use in the long run as well, choose rather Gujarati`s book.

Similar Products

Econometric Analysis of Cross Section and Panel Data
Econometric Analysis
Microeconomic Theory: Basic Principles and Extensions
International Economics: Theory and Policy (6th Edition)


Book Index