INTRODUCTORY ECONOMETRICS WITH APPLICATIONS RAMANATHAN R. Księgarnia

'Introductory Econometrics with Applications', Fourth Edition, by Ramu Ramanathan provides the right blend of econometric theory and practical training required for an introductory econometrics course that does not use matrix algebra.

Practical applications are emphasized without sacrificing theoretical underpinnings. The book is self-contained, with background information on mathematics, probability, and statistics covered in Chapter 2 and later chapters so that students need not refer to their old notes or textbooks.

Numerous practical examples walk the students through model specification, estimation, and diagnostic testing, using a logical step-by-step approach.

Annotated computer outputs are included in the text so that students can see exactly how econometric techniques are implemented in practice.

An extremely user-friendly software regression package, ESL, developed by the author for an MSDOS PC system, is packaged with each copy of the book at no extra cost. A Windows interface to ESL (ESLWIN), developed by Allin Cottrell of Wake Forest University, is also included. In addition, ready-made command files for running ESL, as well as SHAZAM, the internationally known program coauthored by Ken White of the University of British Columbia, Canada, are included so that users can reproduce all the examples using either of the two programs.

The accompanying disk also contains over 90 real-world data sets in ASCII text form so that students using other regression programs can easily access them without having to retype the data values.

An entire chapter is devoted to the various steps involved in carrying out an empirical research project, namely, selection of a topic, literature review, model formulation, data gathering, estimation, hypothesis testing, and report writing. Early references to this chapter are given so that students can start the process without waiting to read the whole book.

Hardcover, 660 pages

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