Book Description
This text provides a simple and straightforward introduction to econometrics for the beginner. The author's intent is to provide the student with a "user friendly," non-intimidating introduction to econometric theory and techniques. The book motivates students to understand econometric techniques through extensive examples, careful explanations, and a wide variety of problem material. The audience is undergraduate economics, agricultural economics, and business administration majors, MBA students and others in the social and behavioral sciences where econometric techniques, especially the techniques of linear regression analysis, are used.
Customer Reviews:
One of the Best introductory Economterics texts out there!.......2006-04-30
Gujarati's BASIC ECONOMETRICS uses divide and conquer method to help readers achieve a solid grasp of the basics of econometrics. Each chapter takes on a major concept and explains it thouroughly. As the name suggests, this is basic econometrics and hence does not make much use of matrix algebra and other mathematical tools often used in advanced econometrics. However, all the statistical and mathematical concepts used are included in the appendix. If one's aim is to prepare for graduate level econometrics, then a more advanced text would be recommended. Otherwise, this book is the right way to enter the world of econometrics.
Book Description
When John Nash won the Nobel prize in economics in 1994, many people were surprised to learn that he was alive and well. Since then, Sylvia Nasar's celebrated biography A Beautiful Mind, the basis of a new major motion picture, has revealed the man. The Essential John Nash reveals his work--in his own words. This book presents, for the first time, the full range of Nash's diverse contributions not only to game theory, for which he received the Nobel, but to pure mathematics--from Riemannian geometry and partial differential equations--in which he commands even greater acclaim among academics. Included are nine of Nash's most influential papers, most of them written over the decade beginning in 1949.
From 1959 until his astonishing remission three decades later, the man behind the concepts "Nash equilibrium" and "Nash bargaining"--concepts that today pervade not only economics but nuclear strategy and contract talks in major league sports--had lived in the shadow of a condition diagnosed as paranoid schizophrenia. In the introduction to this book, Nasar recounts how Nash had, by the age of thirty, gone from being a wunderkind at Princeton and a rising mathematical star at MIT to the depths of mental illness.
In his preface, Harold Kuhn offers personal insights on his longtime friend and colleague; and in introductions to several of Nash's papers, he provides scholarly context. In an afterword, Nash describes his current work, and he discusses an error in one of his papers. A photo essay chronicles Nash's career from his student days in Princeton to the present. Also included are Nash's Nobel citation and autobiography.
The Essential John Nash makes it plain why one of Nash's colleagues termed his style of intellectual inquiry as "like lightning striking." All those inspired by Nash's dazzling ideas will welcome this unprecedented opportunity to trace these ideas back to the exceptional mind they came from.
Customer Reviews:
Undiluted math.......2007-09-13
If you have an interest in John Nash AND know mathematics, this is an interesting collection. The main body of the book consists of eight papers in mathematics and his Phd Thesis in uncut form, accompanied by a small introduction. Apart from that there is a general introduction from his friend Kuhn, a short biography from his biographer Nasar, a 7-page autobiography, the statement of the Nobel-prize committee, a collection of photos of Nash in various phases of his career, and a short explanation to the game of Hex that Nash invented when he arrived in Princeton.
Being an economist I was only interested in the thesis with the existence proof of the Nash equilibrium, and I am sure I would not have understood an alpha of any of the other papers. You really need to be a mathematician to appreciate this bundle. For those who want to know about Nash the man, I would recommend his autobiography "A beautiful mind" or the film with the same title.
An essential reading !.......2007-01-06
In case you have been captivated by "A beautiful mind", and be disposed to know more about the controversial existence of John Nash, pick up this book, that surely will catch your entire attention.
Good Collection of Nash Writings!.......2004-06-26
I only rate books that I really enjoy reading. While this one has some techy chapters, readers without a strong math background can still enjoy it.
Professor Nash's story was brought to life by the movie, this book shows why. One day his manifold theory will rule! ;)
excellent.......2003-10-12
Personally, I found this book to be very interestring. The proofs and ideas are presented in clear and non-rigomorphic fashion. One is able to read the works of Nash in the way he himself presented them, and hopefully appropriate some mental strategies used by this genius. There is much that goes on behind the scene of creation of proofs. I think mathematicians of today would greatly benefit from availability of larger number of books which would contain the mathematical works in the way they were originally presented. This is certainly a major step in that direction.
A Most Welcome Mathematical Banquet.......2003-08-06
I can't begin to express how deeply satisfying it was to peruse these papers by John Nash. You almost felt you were right there at his side, as he penned them.
There is even something in the book for non-mathematical types: Sylvia Nasar's Introduction and the autobiographical essay (Chapter Two). But for me the greatest interest resided in the remaining chapters: 4-11.
Of these, I particularly enjoyed reading the original presentation of Nash's Thesis on 'Non-Cooperative Games' (Chapter 6), and was fascinated not only with the air-tight logic of his proofs, but the use of hand written-in symbols.
Of course, Chapter 7 is just the re-hashing of Ch. 6, but in proper type-set form, rather than Nash's original script. But - give me the former any day! Reading the original form and format almost made me feel like Nash's Thesis aupervisor, including the same excitement of a new discovery!
Chapter 8 'Two person Cooperative Games' nicely extends the mathematical basis to cover this species of interaction.(And in many ways, people will find the cooperative game model easier to understand than the non-cooperative).
Chapter 9 is important because it delves into the issue of parallel control, and logical functions such as used in high speed digital computers. This chapter was of much interest to me since particular aspects of parallel control figured in my own model of consciousness - recently presented in Chapter Five of my book, 'The Atheist's Handbook to Modern Materialism'. Astute readers who read both books will quickly see the analog between the Schematic of Logical Unit Function (p. 122) and my own Figure 5-13 ('Development of Neural Assemblies', p. 156).
I enjoyed Chapter 10, 'Real Algebraic Manifolds' because of my ongoing interest in Algebraic Topology, and especially homology and homotopy theory. In his chapter, Nash presents a cornucopia of methods for representation, which I am still playing with for different manifolds.
Chapter 11, 'The Imbedding Problem for Riemannian Manifolds', is a delight for anyone familiar with Einstein's General Relativity, or even differential geometry. When you read through this chapter, you also will understand why Nash is still very interested (and involved) in research to do with general relativity and cosmology. Particularly fun for me was his section on 'Smoothing of Tensors' (p. 163) and 'Derivative Size Concept for Tensors' (p. 164).
Chapter 12, 'Continuity of Solutions of Parabolic and Elliptic Equations' is like 'dessert' for anyone who is intensely interested (as I am) in modular functions, which themselves are related intimately to elliptic equations.
In short, I think this book has something for both mathematicians and non-math types alike. Obviously, the former are likely to get more out of it, so the question the latter group must ask is whether the purchase is worth satiating their curiosity about Nash.
I know how I would answer, even if I couldn't tell a derivative from a differential. However, this book can be read on all kinds of levels, and that's the beauty of it.
Customer Reviews:
A fair book, however lacks clear language, and examples.......2004-07-22
This book is written with the assumption that every reader should memorize the paragraphs to be able to build up conceptual logic. However, this assumption is not practical at all. If one wants to use this book as a reference it may help for sporadic research. But if the intention is to practice real -life cases of statistics and econometrics one would get bored of the long paragraphs and lose focus. In my opinion, the author should have used more vivid language, shorter paragraphs and practical examples that illustrate the theories that are embedded in the long text.
This book is adopted in many schools and regarded as an ultimate reference. However I suggest that another book be adopted or at least a companion practical guide demonstrating the theories in practice with solutions. Or a concise listing of case studies that coincide with the long paragraphs is needed to help students at all levels understand and grasp the inherent concepts.
Regards,
George..
High on the How, Low on the Why.......2004-03-13
For a complicated subject like econometrics, or advanced statistics in general, a truly easy to follow overview text is probably impossible. This book comes close and does a fine job of explaining the fundamentals (as an introduction or refresher) before getting into the nitty-gritty of econometrics. There are many examples and problem sets to illustrate the concepts, and the formulas are laid out well and presented in a logical order. You can clearly see how the complex formulas are generated and how they apply to econometric theories. The problem with this book is that the technical focus leads to a distressing lack of conceptual, big-picture understanding. You get exhaustive instructions on HOW to calculate complex statistical tools such as coefficients of determination or multiple aggression analyses. However, regardless of the real-world problem sets used as examples, there is usually little indication of WHY such exercises would be conducted, or WHAT the results truly mean. For example, you know how variance came to equal 2.9167, but does that number truly mean anything? An added problem is generally under-explained definitions of the terms, and a glossary sure would be helpful. This book will teach you with great precision how to calculate, but with precious little on how to interpret the results. {~doomsdayer520~]
The best book our there for undergraduate classes........2003-10-16
It's the best book out there for understanding basis statistics and its application to economics. It is very easy to read, understand and relatively easy to teach considering the intensity of the subject.
Not bad, but not great!.......2000-05-19
As an undergraduate economics student, this book served as a good reference for econometrics. While some basic information was omitted (which I would have found helpful), the book does an adequate job of laying out regression analysis, and its prerequisites, in a logical manner. The greatest sign of the value of a book, for a college student, is whether it is kept at the conclusion of a class or sold back. I kept this book, but I continue to look for an even better econometrics reference.
Way too confusing.......2000-03-01
This book may be understandable for a professor. But as a student, it is way too confusing for a person who is just learning econometrics to grasp. A student can get really lost in this book. Overall, it is not worth the money to purchase
Book Description
On the demand side, exporters and strategic planners focusing on concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils in China face a number of questions. Which countries are supplying concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils to China? How important is China compared to others in terms of the entire global and regional market? How much do the imports of concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils vary from one country of origin to another in China? On the supply side, China also exports concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils. Which countries receive the most exports from China? How are these exports concentrated across buyers? What is the value of these exports and which countries are the largest buyers? This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils in China. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils for those countries serving China via exports, or supplying from China via imports. It does so for the current year based on a variety of key historical indicators and econometric models. In what follows, Chapter 2 begins by summarizing where China fits into the world market for imported and exported concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils. The total level of imports and exports on a worldwide basis, and those for China in particular, is estimated using a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the share that China is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize China compared to other major country markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information sources for strategic planning purposes.
Book Description
On the demand side, exporters and strategic planners focusing on concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils in India face a number of questions. Which countries are supplying concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils to India? How important is India compared to others in terms of the entire global and regional market? How much do the imports of concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils vary from one country of origin to another in India? On the supply side, India also exports concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils. Which countries receive the most exports from India? How are these exports concentrated across buyers? What is the value of these exports and which countries are the largest buyers? This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils in India. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils for those countries serving India via exports, or supplying from India via imports. It does so for the current year based on a variety of key historical indicators and econometric models. In what follows, Chapter 2 begins by summarizing where India fits into the world market for imported and exported concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils. The total level of imports and exports on a worldwide basis, and those for India in particular, is estimated using a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the share that India is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize India compared to other major country markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information sources for strategic planning purposes.
Book Description
On the demand side, exporters and strategic planners focusing on concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils in United States face a number of questions. Which countries are supplying concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils to United States? How important is United States compared to others in terms of the entire global and regional market? How much do the imports of concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils vary from one country of origin to another in United States? On the supply side, United States also exports concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils. Which countries receive the most exports from United States? How are these exports concentrated across buyers? What is the value of these exports and which countries are the largest buyers? This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils in United States. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils for those countries serving United States via exports, or supplying from United States via imports. It does so for the current year based on a variety of key historical indicators and econometric models. In what follows, Chapter 2 begins by summarizing where United States fits into the world market for imported and exported concentrates of essential oils in fats and fixed oils, terpenic by-products, and aqueous distillates or solutions of essential oils. The total level of imports and exports on a worldwide basis, and those for United States in particular, is estimated using a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the share that United States is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize United States compared to other major country markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information sources for strategic planning purposes.
Book Description
On the demand side, exporters and strategic planners focusing on essential oils excluding those of citrus fruit in China face a number of questions. Which countries are supplying essential oils excluding those of citrus fruit to China? How important is China compared to others in terms of the entire global and regional market? How much do the imports of essential oils excluding those of citrus fruit vary from one country of origin to another in China? On the supply side, China also exports essential oils excluding those of citrus fruit. Which countries receive the most exports from China? How are these exports concentrated across buyers? What is the value of these exports and which countries are the largest buyers? This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for essential oils excluding those of citrus fruit in China. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for essential oils excluding those of citrus fruit for those countries serving China via exports, or supplying from China via imports. It does so for the current year based on a variety of key historical indicators and econometric models. In what follows, Chapter 2 begins by summarizing where China fits into the world market for imported and exported essential oils excluding those of citrus fruit. The total level of imports and exports on a worldwide basis, and those for China in particular, is estimated using a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the share that China is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize China compared to other major country markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information sources for strategic planning purposes.
Book Description
On the demand side, exporters and strategic planners focusing on essential oils excluding those of citrus fruit in India face a number of questions. Which countries are supplying essential oils excluding those of citrus fruit to India? How important is India compared to others in terms of the entire global and regional market? How much do the imports of essential oils excluding those of citrus fruit vary from one country of origin to another in India? On the supply side, India also exports essential oils excluding those of citrus fruit. Which countries receive the most exports from India? How are these exports concentrated across buyers? What is the value of these exports and which countries are the largest buyers? This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for essential oils excluding those of citrus fruit in India. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for essential oils excluding those of citrus fruit for those countries serving India via exports, or supplying from India via imports. It does so for the current year based on a variety of key historical indicators and econometric models. In what follows, Chapter 2 begins by summarizing where India fits into the world market for imported and exported essential oils excluding those of citrus fruit. The total level of imports and exports on a worldwide basis, and those for India in particular, is estimated using a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the share that India is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize India compared to other major country markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information sources for strategic planning purposes.
Book Description
On the demand side, exporters and strategic planners focusing on essential oils excluding those of citrus fruit in United States face a number of questions. Which countries are supplying essential oils excluding those of citrus fruit to United States? How important is United States compared to others in terms of the entire global and regional market? How much do the imports of essential oils excluding those of citrus fruit vary from one country of origin to another in United States? On the supply side, United States also exports essential oils excluding those of citrus fruit. Which countries receive the most exports from United States? How are these exports concentrated across buyers? What is the value of these exports and which countries are the largest buyers? This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for essential oils excluding those of citrus fruit in United States. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for essential oils excluding those of citrus fruit for those countries serving United States via exports, or supplying from United States via imports. It does so for the current year based on a variety of key historical indicators and econometric models. In what follows, Chapter 2 begins by summarizing where United States fits into the world market for imported and exported essential oils excluding those of citrus fruit. The total level of imports and exports on a worldwide basis, and those for United States in particular, is estimated using a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the share that United States is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize United States compared to other major country markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information sources for strategic planning purposes.
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- Hegemony or Survival: America's Quest for Global Dominance (American Empire Project)
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Econometrics
| Economics
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Student Solutions Manual to accompany Essentials of Econometrics
Schaum's Outline of Statistics and Econometrics
Basic Econometrics w/Data Disk
Microeconomics
A Guide to Econometrics, 5th Edition
