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Econometrics For Dummies, by Roberto Pedace
Ebook Free Econometrics For Dummies, by Roberto Pedace
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From the Back Cover
Learn to: Grasp the techniques and applications of econometrics Make sense of complex concepts and material Use specialized software to apply your acquired econometrics skills Understand econometric theory and apply econometric techniques Econometrics can prove challenging for many students. Thankfully, Econometrics For Dummies eliminates that confusion with easy-to-understand explanations of important topics in the study of econometrics. This hands-on, friendly guide breaks down the complex subject of econometrics and provides you with an easy-to-follow course supplement to further refine your understanding of how econometrics works and how it can be applied in real-world situations. The nuts and bolts — get familiar with the various characteristics of the classical linear regression model (CLRM), which is the foundation of traditional econometric analysis Form and function — discover how econometric analysis is able to accommodate a considerable amount of flexibility with different mathematical functions and types of data Don't assume — find out how econometricians use some bizarre titles to identify problems that violate CLRM assumptions Be discrete — get to know how discrete and restricted dependent variables can create problems for traditional regression analysis and discover the techniques econometricians have developed to modify traditional regression analysis Make special note — delve deeper into a few specialized areas of econometrics, namely time-series analysis, pooled cross sections, and panel econometrics Open the book and find: Plain-English explanations of complex material Computer outputs from STATA for many of the examples The economist's approach to statistical analysis The various characteristics of the classical linear regression model The most common problems encountered when performing regression analysis Lots of helpful figures Common mistakes in applied econometrics
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About the Author
Roberto Pedace, PhD, is an associate professor in the Department of Economics at Scripps College. His published work has appeared in Economic Inquiry, Industrial Relations, the Southern Economic Journal, Contemporary Economic Policy, the Journal of Sports Economics, and other outlets.
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Product details
Paperback: 368 pages
Publisher: For Dummies; 1 edition (June 24, 2013)
Language: English
ISBN-10: 1118533844
ISBN-13: 978-1118533840
Product Dimensions:
7.3 x 1 x 9 inches
Shipping Weight: 1.2 pounds (View shipping rates and policies)
Average Customer Review:
4.4 out of 5 stars
46 customer reviews
Amazon Best Sellers Rank:
#234,514 in Books (See Top 100 in Books)
This book is very helpful understanding Stats modeling without getting too deeply involved with maths.I am doing data analysis in business cases. And for most stats material I have encountered, either they failed to provide valuable information helping me making modeling decisions, or they get too deeply involved with mathmatics that I do not understand for my knowledge. This book is just right if you want to understand different models and apply them in real life problem solving. For those who complain about this book being not for dummies, well, in the introduction of this book, it has mentioned some of the stats knowledge and econ knowledge are assumed for readers. I would say, if you have solid understanding of how to construct a linear regression and would like to know more about different modeling, this is the book for you to go further.
I was freaking out about an econometrics midterm. This arrived just a few days before the midterm, and by the day of the midterm I was explaining R squared to someone in my class who had taken econometrics before. Chapter 5 alone--it was the difference between flunking and getting a B. Wish there were more like this.
I encourage getting this book for those, like myself, that needed a detailed yet brief refresher of basic statistics and econometrics. There is some helpful Stata code inside as well. There are far worse things you could spend $20 on.
Great book for those just starting in the subject, but note that there is no deeper explanation of the material. If you are confused about the matrix algebra behind regression this book will not help. Absolutely fantastic for everything else OLS!
This helped tremendously in a class I took. Our text book was dense and hard for me to understand. I used this and a few other supplemental texts to get me through. It does a great job laying out the basic concepts of econometrics. I couldn't have passed (with an A!) without it.
This is a brilliant introductory book on econometrics. I cannot even begin to imagine how hard it was to write this book. The balancing act of maintaining the fidelity of econometrics with a dummies perspective must have been challenging. The author presents classical topics in statistics (hypothesis testing, confidence intervals, etc.) and econometrics (Ordinary Least Squares, Classical Violations, etc.) in a rigorous but straightforward approach.I was very surprised that the author chose to use derivations/equations to present topics. This method of teaching econometrics is extremely powerful but is not for everyone. As someone having a PhD in Economics, I found the presentation of materials extremely clear and even refreshing. However, I'd find it almost impossible for an individual to learn econometrics from this book without prior experience. That's not saying anything bad about the author. He/She did the best they could. Econometrics is hard.
Very easy to understand. You will need a very little statistics background. Econometrics is a very tough subject and this book helps me a lot to understand the concepts. If you need a book without so many greeks words and useless exercises but with simple exemples this book must be your choice. Goog luck with your econometrics!!
If you are taking econometrics you need this book. I can't stress this enough. It is a tough class and the concepts can be hard to wrap your head around, and this will help with this. Even if you only use it occasionally it will be worth the money.
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