Guided tour of

Econometrics by
Example
Damodar Gujarati
 Introduction
Welcome to the guided tour of the book.
This PowerPoint presentation will take you
through:

-The book’s unique approach

- Pedagogical features

A sample chapter is available to download from

www.palgrave.com/economics/Gujarati
 What’s so special
about Econometrics
by Example?
• The Author:

– Damodar Gujarati is a best-selling textbook author and

has 42 years of teaching experience.
– He is a prominent figure in the field of econometrics and his
textbooks are very popular with students

…when it comes to getting clear answers to my basic

questions, I always reach for ‘Guj’ … I wouldn't try to
learn econometrics without the Guj. – Student reviewer
on Amazon
• Its unique example-led approach:

- Econometrics by Example focuses on one or two examples

per chapter which are developed and used as a basis to explain
econometric theory
-This innovative approach centres on ‘learning by doing’ and anchors
the complex subject of econometrics in real-life data and situations.

I am quite impressed with the approach. - Brendan McCabe, University

of Liverpool, UK

…the book is well structured and provides the student with all that he
needs to do empirical work without having to know all the
theoretical details - Pedro Cerquiera, European University Institute,
Portugal
• The engaging and clear writing style:
- Given that students notoriously struggle with econometrics, Gujarati’s
clear and engaging writing style, borne out of his vast experience,
makes the subject-matter easier to understand and more accessible for
students.

The writing style, exposition is great – simple, clearly explained. The

material is also very good. - Mike Clements, University of Warwick, UK

The writing is excellent. - Heino Bohn Nielsen, Copenhagen University,

Denmark
• Broad coverage and fully up-to-date:

- EBE offers complete coverage, including modern topics such as

instrumental variables and panel data
- It makes extensive use of the Stata and Eviews statistical packages
and the outputs obtained from these packages are reproduced in the
book.
- EBE contains an appendix that discusses the basic concepts of
statistics in a user-friendly manner and provides the necessary
statistical background to follow the concepts.

The breadth of material that is covered is very good and a full

range of alternative models are presented - Timothy Park,
University of Georgia, USA
 Econometrics by Example is divided into 19 chapters,
covering all core areas: 9. Multinomial Regression Models
PART ONE
1. The Linear Regression Model
2. Functional Forms of Regression Models
3. Qualitative Explanatory Variables
Regression Models
PART TWO
4. Regression Diagnostic I: Multicollinearity
5. Regression Diagnostic II:
Heteroscedasticity
6. Regression Diagnostic II: Autocorrelation
7. Regression Diagnostic IV: Model
Specification Errors
PART THREE
8. Categorical Dependent Variable Models:
The Logit and Probit Models
10. Original Regression Models
11. Limited Dependent Variable
Regression Models
12. Modeling Count Data: The Poisson
and Negative Binomial Regression Models
PART FOUR
13. Stationary and Non-Stationary Time
Series
14. Cointegration and Error Correction
Models
15. Asset Price Volatility: The Arch and
Garch Models
16. Economic Forecasting with Arima and
VAR Models
17. Panel Data Regression Models
18. Survival Analysis
19. Instrumental Variables
Statistical Appendix
 Pedagogical Features

The book’s features complement, supplement

and reinforce the main text, promote further
thought and critical analysis.

• Each chapter contains a summary and conclusions section, a set

of exercises (to which solutions are provided in the companion
website) and helpful appendices.
• In order to help students understand and explore the subject, there is
also a full complement of graphs and tables.
Thanks for taking the time to view
this presentation. We hope you
will consider adopting this exciting
new textbook and we look forward
to hearing your comments on it.

If you would like more information,

please contact our Lecturer
Services team on:

lecturerservices@palgrave.com
+44 (0) 1256 302794.