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A Comparative Study of Introductory and Undergraduate Econometric Textbooks

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  • Harris, Mark N.
  • Macquarie, Lachlan R.

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.

Suggested Citation

  • Harris, Mark N. & Macquarie, Lachlan R., "undated". "A Comparative Study of Introductory and Undergraduate Econometric Textbooks," Department of Econometrics and Business Statistics Working Papers 267634, Monash University, Department of Econometrics and Business Statistics.
    • Handle: RePEc:ags:monebs:267634
    DOI: 10.22004/ag.econ.267634
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