A Comparative Study of Introductory and Undergraduate Econometric Textbooks

Mark N. Harris and Lachlan R. Macquarie

No 267634, Department of Econometrics and Business Statistics Working Papers from Monash University, Department of Econometrics and Business Statistics

Abstract: There is at present a surfeit of introductory and undergraduate econometric text books. This can prove unfortunate for both the new student of econometrics wishing to purchase a textbook, and for course conveners whom have the responsibility of recommending a textbook. In a recent paper Granger (1994) reviewed graduate level textbooks, but there still remains a shortfall in the literature reviewing introductory/undergraduate texts. This paper is an attempt to fill this gap, by comprehensively reviewing what we consider to be the major mainstream introductory or undergraduate econometric textbooks. Our approach differs from Granger (1994) in that we do not attempt to give a formula for the "ideal" text, but simply evaluate what is currently available. Our research indicates that Maddala (1992) is the best introductory text, with Greene (1992) being more useful in later studies.

Keywords: Research and Development/Tech Change/Emerging Technologies; Teaching/Communication/Extension/Profession (search for similar items in EconPapers)
Pages: 30
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Persistent link: https://EconPapers.repec.org/RePEc:ags:monebs:267634

DOI: 10.22004/ag.econ.267634

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