An introduction to econometric theory and techniques, this text provides extensive examples, careful explanations and a variety of problem materials designed to enable students to understand econometrics.
Gujarati and Porter's Basic Econometrics provides an elementary but comprehensive introduction to econometrics without resorting to matrix algebra, calculus, or statistics beyond the elementary level. With the addition of over 100 new data sets, as well as significantly updated research and examples, the Fifth Edition responds to important developments in the theory and practice of econometrics…