The Principles of Econometrics 4th Edition textbook is a concisely compiled beginner’s text now available to finance and economics students in both hardcover and e-text versions. Brought to consumers by economics professors Hill, Griffiths and Lim and published by John Wiley & Sons, Inc., The Principles of Econometrics 4th Edition is a great addition to any finance library with a reasonable amount of new and improved content as well as core econometric principles explained .
Targeted towards first-year undergraduate students in finance and economics, the material presented is clear and illustrative, duly appropriate for first-years in other disciplines as well. Finance graduate students and those enrolled in MBA programs and other fields of study in which the Principles of Econometrics shows some importance, may all benefit from this book. With easy-to-digest terms and explanations it is a valuable textbook reference and building block materials.
Likewise, many students seeking a firm grasp on econometrics will find that the work done by this unique group of authors satisfies this objective in many respects. The 4th Edition of the Principles of Econometrics “Applies basic econometric tools to modeling, estimation, inference, and forecasting through real world problems.” It also provides students with many opportunities for critical thinking and analysis as well as a solid foundation in econometric method production. This vital emphasis on production can better help prepare students for a successful future in finance and economics. Its clear that in those areas, as with most fields, new and innovative concepts are always in demand.
The latest version of the Principles of Econometrics also differs from previous editions with its various content revisions, error fixes, and new and useful information.
It houses improved content on topics such as “Regression with Time Series Data” and “Kernel Density Fitting” as well as added questions and problems at the end of each chapter. And as always it also reflects most recent information available on today’s finance and economic markets to provide practical and useful examples for students.
Helpful instructor and student resources are also available through Wileys’ companion sites for book holders as well.The instructor’s companion website includes a host of useful materials including a manual, test bank, powerpoint presentations and data files and selected answers for each chapter.
The students companion site provides similar data files for each chapter and is a proven method of enhancing student learning. Students who rely on both the text and the supportive software often have a better chance of comprehending and applying the concepts presented. This along with a reasonable price of $50 for the e-text version makes this a suitable choice for many finance and economic students in any income class.
Free shipping is also provided within Australia for the print version which is available for under $135 through Wiley Direct. This site is a campaigned for offering affordable textbooks and educational resources to the general public.
In summary, for non-finance majors with a basic need of econometrics as well as beginning finance and economics students,The Principles of Econometrics 4th Edition is a comprehensive, user-friendly tool for guiding students through the fundamental concepts and methods of econometrics.