Econometrics For Dummies [NOOK Book]


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 ...

See more details below
Econometrics For Dummies

Available on NOOK devices and apps  
  • NOOK Devices
  • Samsung Galaxy Tab 4 NOOK
  • NOOK HD/HD+ Tablet
  • NOOK
  • NOOK Color
  • NOOK Tablet
  • Tablet/Phone
  • NOOK for Windows 8 Tablet
  • NOOK for iOS
  • NOOK for Android
  • NOOK Kids for iPad
  • PC/Mac
  • NOOK for Windows 8
  • NOOK for PC
  • NOOK for Mac
  • NOOK for Web

Want a NOOK? Explore Now

NOOK Book (eBook)
$14.99 price
(Save 44%)$26.99 List Price
Note: This NOOK Book can be purchased in bulk. Please email us for more information.


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
Read More Show Less

Product Details

  • ISBN-13: 9781118533871
  • Publisher: Wiley
  • Publication date: 6/5/2013
  • Sold by: Barnes & Noble
  • Format: eBook
  • Edition number: 1
  • Pages: 360
  • Sales rank: 656,969
  • File size: 10 MB

Meet 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.

Read More Show Less

Table of Contents

Introduction 1

Part I: Getting Started with Econometrics 5

Chapter 1: Econometrics: The Economist’s Approach to Statistical Analysis 7

Chapter 2: Getting the Hang of Probability 21

Chapter 3: Making Inferences and Testing Hypotheses 39

Part II: Building the Classical Linear Regression Model 59

Chapter 4: Understanding the Objectives of Regression Analysis 61

Chapter 5: Going Beyond Ordinary with the Ordinary Least Squares Technique 75

Chapter 6: Assumptions of OLS Estimation and the Gauss-Markov Theorem 93

Chapter 7: The Normality Assumption and Inference with OLS 111

Part III: Working with the Classical Regression Model 135

Chapter 8: Functional Form, Specifi cation, and Structural Stability 137

Chapter 9: Regression with Dummy Explanatory Variables 153

Part IV: Violations of Classical Regression Model Assumptions 173

Chapter 10: Multicollinearity 175

Chapter 11: Heteroskedasticity 191

Chapter 12: Autocorrelation 209

Part V: Discrete and Restricted Dependent Variables in Econometrics 229

Chapter 13: Qualitative Dependent Variables 231

Chapter 14: Limited Dependent Variable Models 253

Part VI: Extending the Basic Econometric Model 265

Chapter 15: Static and Dynamic Models 267

Chapter 16: Diving into Pooled Cross-Section Analysis 281

Chapter 17: Panel Econometrics 291

Part VII: The Part of Tens 305

Chapter 18: Ten Components of a Good Econometrics Research Project 307

Chapter 19: Ten Common Mistakes in Applied Econometrics 315

Appendix: Statistical Tables 321

Index 327

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star


4 Star


3 Star


2 Star


1 Star


Your Rating:

Your Name: Create a Pen Name or

Barnes & Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation


  • - By submitting a review, you grant to Barnes & and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Terms of Use.
  • - Barnes & reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)