According to The Skeptical Environmentalist the hole in the Ozone Layer is healing. The Amazon has shrunk by only 14 per cent since the arrival of Man. Only 0.7 per cent of species will be driven to extinction over the next 50 years. Even the poorest humans are getting richer by the year. Things are not good enough; but they are far, far better than we have been taught to believe. Lomborg, a professor of statistics and a former Greenpeace member, reveals the complexity, confusion, and (rarely) misuse of data behind the current Litany of approaching environmental Armageddon. But this is not a comforting or reassuring read. Nor is it a bible for lackeys and do-nothings. Lomborg uses the same figures everyone else uses, from national governments to the Kyoto summit to Greenpeace. Rarely have the raw data been discussed in such detail: their history, how they are calculated, their strengths, and their weaknesses. Lomborg argues persuasively that our sense of approaching human and environmental disaster is an artefact of the valid work of modern scientific, environmental and media institutions. There is, he asserts, no one to blame for our growing sense of despair, but everything to learn. We must learn what real risks are, and what we can do about them. (Kyoto? A very bad idea...) We must prioritise. (30p on the organic basil? Or 30p to buy a child clean water in Sierra Leone?) There is, after all, room for manoeuvre; panic achieves nothing. This is our generation's Silent Spring: a book to rewrite the environmental agenda, and a must-buy for any parent who wonders what kind of world we are leaving for our children.--Simon Ings

A truly excellent book, 26 Jul 2008
This is one of those books which change the course of things.

It is hugely impressive not only because of the absolutely massive amount of research involved, but because the entire work comes from someone who had, initially, entirely opposite convictions to those reflected in the book and had the intellectual honesty to understand that he was wrong, accept it and spread the word.

More notable is the book also for the unbelievable smearing campaign and the attempt at character assassination of which the author has been made object from his former companions, a truly sobering experience about the ways of "idealists","world savers" and apostles of "tolerance".

And mind, this is not someone just pretending to have been converted to sell a bit more; the author was very active in his academic milieu and certainly not the conservative type (openly and vocally leftist, openly and vocally homosexual). This gives the claims in the books, apart from the huge and ruthlessly accurate research - though the occasional mistake may have slipped here and there - the more credibility.

The environmental hype is now slowly ebbing down; common sense starts to prevail; the mayor of London with his ecoterrorist agenda (actually populism and class warfare with another name, as it is often the case) lost his job and all other british politicians listened to the message; in general, politicians have become more and more timid in trying to "look good" by imposing new taxes "to save the planet". This book shares a part of the merit.

Buy it and will you never regret it.








Human Life at Any Price?, 23 May 2008
The whole thesis of this book is predicated on the moral superiority of the preservation and extension of human life for the maximum number of people. As such it essentially adopts a moral standpoint that values human life, well-being and happiness above all other forms of life and environment on the planet. Human life at any price, it seems.

Will make you think twice next time you hear a stat on the environment, 28 Feb 2008
Having always been in the technocentric camp and always been skeptical of environmental issues such as climate change and pollution, I read this book after my environmental issues lecturer put me in touch with it. I have to say that I was amazed with some of the 'propaganda' that environmental groups such as the WWF and green peace were putting out. An excellent read for those who are sick of the doom and gloom merchants we are now regularly seeing on the television on the subject of climate change. Although this is book is quite advanced particularly in the statistics department, (MR. Lomborg is an economist by trade), It is essential reading for those wishing to throw come back stats into the faces of the doom mongerers



Scare tactics exposed!, 05 Dec 2007
I bought this book several years ago after reading a review in a reputable newspaper. What really interested me was a report on the facts behind soil erosion, namely that the information was based on data from a very small scale experiment on sloping farm land in Belgium and simply extrapolated to cover all soils around the world! I couldn't believe that supposedly reputable people and organisations, would go to such obscene lengths to scare people into contributing to their research projects and funding. How wrong I was!
I enjoyed the book immensely and shook my head in disbelief on discovering how selective the environmentalist scaremongers were regarding data selection and how specifically it was presented so as to allow the reader to draw the obvious conclusion, ie- The one the scaremonger wanted them to draw.
The devil is in the detail and when he examined the facts and data behind the scary low sperm count headlines, the flawed nature of the data analysis and presentation soon became clear.
Bjorn Lomborg succeeded in exposing the scare stories for what they really were, just that. Unfortunately, he seems to be a lone voice and like a radio in a boiler factory, is in danger of being drowned out by the noise.
The

numbers and facts, 28 Oct 2007
Great read and a well researched book. Destined to be the bible on global issues.

There is so much presented. From population, wealth and health to climate and the environment. Not sure I could take anyone seriously unless they have read this book cover to references and notes!

A truly excellent book, 26 Jul 2008
This is one of those books which change the course of things.

It is hugely impressive not only because of the absolutely massive amount of research involved, but because the entire work comes from someone who had, initially, entirely opposite convictions to those reflected in the book and had the intellectual honesty to understand that he was wrong, accept it and spread the word.

More notable is the book also for the unbelievable smearing campaign and the attempt at character assassination of which the author has been made object from his former companions, a truly sobering experience about the ways of "idealists","world savers" and apostles of "tolerance".

And mind, this is not someone just pretending to have been converted to sell a bit more; the author was very active in his academic milieu and certainly not the conservative type (openly and vocally leftist, openly and vocally homosexual). This gives the claims in the books, apart from the huge and ruthlessly accurate research - though the occasional mistake may have slipped here and there - the more credibility.

The environmental hype is now slowly ebbing down; common sense starts to prevail; the mayor of London with his ecoterrorist agenda (actually populism and class warfare with another name, as it is often the case) lost his job and all other british politicians listened to the message; in general, politicians have become more and more timid in trying to "look good" by imposing new taxes "to save the planet". This book shares a part of the merit.

Buy it and will you never regret it.








Human Life at Any Price?, 23 May 2008
The whole thesis of this book is predicated on the moral superiority of the preservation and extension of human life for the maximum number of people. As such it essentially adopts a moral standpoint that values human life, well-being and happiness above all other forms of life and environment on the planet. Human life at any price, it seems.

Will make you think twice next time you hear a stat on the environment, 28 Feb 2008
Having always been in the technocentric camp and always been skeptical of environmental issues such as climate change and pollution, I read this book after my environmental issues lecturer put me in touch with it. I have to say that I was amazed with some of the 'propaganda' that environmental groups such as the WWF and green peace were putting out. An excellent read for those who are sick of the doom and gloom merchants we are now regularly seeing on the television on the subject of climate change. Although this is book is quite advanced particularly in the statistics department, (MR. Lomborg is an economist by trade), It is essential reading for those wishing to throw come back stats into the faces of the doom mongerers



Scare tactics exposed!, 05 Dec 2007
I bought this book several years ago after reading a review in a reputable newspaper. What really interested me was a report on the facts behind soil erosion, namely that the information was based on data from a very small scale experiment on sloping farm land in Belgium and simply extrapolated to cover all soils around the world! I couldn't believe that supposedly reputable people and organisations, would go to such obscene lengths to scare people into contributing to their research projects and funding. How wrong I was!
I enjoyed the book immensely and shook my head in disbelief on discovering how selective the environmentalist scaremongers were regarding data selection and how specifically it was presented so as to allow the reader to draw the obvious conclusion, ie- The one the scaremonger wanted them to draw.
The devil is in the detail and when he examined the facts and data behind the scary low sperm count headlines, the flawed nature of the data analysis and presentation soon became clear.
Bjorn Lomborg succeeded in exposing the scare stories for what they really were, just that. Unfortunately, he seems to be a lone voice and like a radio in a boiler factory, is in danger of being drowned out by the noise.
The

numbers and facts, 28 Oct 2007
Great read and a well researched book. Destined to be the bible on global issues.

There is so much presented. From population, wealth and health to climate and the environment. Not sure I could take anyone seriously unless they have read this book cover to references and notes!

a best book for finance , 15 Feb 2008
When I studied finance in the centre of ICMA ,the author was a lecturer.
I studied econometrics with this book.The merit of this book is that the student can understand the basic theory easily.The demerit of this book is that the deep theory is not covered.Anyway many finance courses choose this book.The author has moved from the university of reading to the city university.

This book should be read by every finance student, 30 Nov 2004
This is the book I would recommend for every student who wants to start using econometrics in finance. From OLS regressions to Garch and Markov-switching models, this book covers a lot of key econometric materials. It's short, very clear and well-written. It is the best introductory book to financial econometrics I've read so far (and it is only the first edition). The first part of the book (on the OLS model) can be read by students who have no particular background in econometrics. The second part of the book (mainly on time series models) is very convenient for final year BSc / 1st year MSc students in finance. Math is used only when it is strictly required. Focus is really placed on the intuition behind the model. There are a lot of finance papers that are discussed (related to the author's work) and a lot of detailed applications using Eviews and RATS (with a nice and short introduction to these softwares in chapter 1). The programs are available free on the editor's website while the data are NOT! (Datastream did not want the data to be downloadable free of charge). That's why I do not give 5 stars to the book. Note that there is nothing about intraday data and market microstucture.

A truly excellent book, 26 Jul 2008
This is one of those books which change the course of things.

It is hugely impressive not only because of the absolutely massive amount of research involved, but because the entire work comes from someone who had, initially, entirely opposite convictions to those reflected in the book and had the intellectual honesty to understand that he was wrong, accept it and spread the word.

More notable is the book also for the unbelievable smearing campaign and the attempt at character assassination of which the author has been made object from his former companions, a truly sobering experience about the ways of "idealists","world savers" and apostles of "tolerance".

And mind, this is not someone just pretending to have been converted to sell a bit more; the author was very active in his academic milieu and certainly not the conservative type (openly and vocally leftist, openly and vocally homosexual). This gives the claims in the books, apart from the huge and ruthlessly accurate research - though the occasional mistake may have slipped here and there - the more credibility.

The environmental hype is now slowly ebbing down; common sense starts to prevail; the mayor of London with his ecoterrorist agenda (actually populism and class warfare with another name, as it is often the case) lost his job and all other british politicians listened to the message; in general, politicians have become more and more timid in trying to "look good" by imposing new taxes "to save the planet". This book shares a part of the merit.

Buy it and will you never regret it.








Human Life at Any Price?, 23 May 2008
The whole thesis of this book is predicated on the moral superiority of the preservation and extension of human life for the maximum number of people. As such it essentially adopts a moral standpoint that values human life, well-being and happiness above all other forms of life and environment on the planet. Human life at any price, it seems.

Will make you think twice next time you hear a stat on the environment, 28 Feb 2008
Having always been in the technocentric camp and always been skeptical of environmental issues such as climate change and pollution, I read this book after my environmental issues lecturer put me in touch with it. I have to say that I was amazed with some of the 'propaganda' that environmental groups such as the WWF and green peace were putting out. An excellent read for those who are sick of the doom and gloom merchants we are now regularly seeing on the television on the subject of climate change. Although this is book is quite advanced particularly in the statistics department, (MR. Lomborg is an economist by trade), It is essential reading for those wishing to throw come back stats into the faces of the doom mongerers



Scare tactics exposed!, 05 Dec 2007
I bought this book several years ago after reading a review in a reputable newspaper. What really interested me was a report on the facts behind soil erosion, namely that the information was based on data from a very small scale experiment on sloping farm land in Belgium and simply extrapolated to cover all soils around the world! I couldn't believe that supposedly reputable people and organisations, would go to such obscene lengths to scare people into contributing to their research projects and funding. How wrong I was!
I enjoyed the book immensely and shook my head in disbelief on discovering how selective the environmentalist scaremongers were regarding data selection and how specifically it was presented so as to allow the reader to draw the obvious conclusion, ie- The one the scaremonger wanted them to draw.
The devil is in the detail and when he examined the facts and data behind the scary low sperm count headlines, the flawed nature of the data analysis and presentation soon became clear.
Bjorn Lomborg succeeded in exposing the scare stories for what they really were, just that. Unfortunately, he seems to be a lone voice and like a radio in a boiler factory, is in danger of being drowned out by the noise.
The

numbers and facts, 28 Oct 2007
Great read and a well researched book. Destined to be the bible on global issues.

There is so much presented. From population, wealth and health to climate and the environment. Not sure I could take anyone seriously unless they have read this book cover to references and notes!

a best book for finance , 15 Feb 2008
When I studied finance in the centre of ICMA ,the author was a lecturer.
I studied econometrics with this book.The merit of this book is that the student can understand the basic theory easily.The demerit of this book is that the deep theory is not covered.Anyway many finance courses choose this book.The author has moved from the university of reading to the city university.

This book should be read by every finance student, 30 Nov 2004
This is the book I would recommend for every student who wants to start using econometrics in finance. From OLS regressions to Garch and Markov-switching models, this book covers a lot of key econometric materials. It's short, very clear and well-written. It is the best introductory book to financial econometrics I've read so far (and it is only the first edition). The first part of the book (on the OLS model) can be read by students who have no particular background in econometrics. The second part of the book (mainly on time series models) is very convenient for final year BSc / 1st year MSc students in finance. Math is used only when it is strictly required. Focus is really placed on the intuition behind the model. There are a lot of finance papers that are discussed (related to the author's work) and a lot of detailed applications using Eviews and RATS (with a nice and short introduction to these softwares in chapter 1). The programs are available free on the editor's website while the data are NOT! (Datastream did not want the data to be downloadable free of charge). That's why I do not give 5 stars to the book. Note that there is nothing about intraday data and market microstucture.

fantastic treatment of the subject, 28 Oct 2008
A fantastic book for gaining a basic understanding of the subject. Have seen other books and trust me - you can easily get lost in some of them.

The english is good and the writing style helps you move through the book with ease without lose of continuity and thoughts.

A sound treatment at the basic level for anyone willing to learn the subject without the greek notations.

Good technical textbook for Advanced Students, 12 Oct 2000
Gujarati's treatment of Econometrics is clearly a cut above the rest. His examples and explanations make it clear, and simple to understand. However, a pre-requisite for the reader would be to have done at least Maths C in the GCE "A" Levels.

A truly excellent book, 26 Jul 2008
This is one of those books which change the course of things.

It is hugely impressive not only because of the absolutely massive amount of research involved, but because the entire work comes from someone who had, initially, entirely opposite convictions to those reflected in the book and had the intellectual honesty to understand that he was wrong, accept it and spread the word.

More notable is the book also for the unbelievable smearing campaign and the attempt at character assassination of which the author has been made object from his former companions, a truly sobering experience about the ways of "idealists","world savers" and apostles of "tolerance".

And mind, this is not someone just pretending to have been converted to sell a bit more; the author was very active in his academic milieu and certainly not the conservative type (openly and vocally leftist, openly and vocally homosexual). This gives the claims in the books, apart from the huge and ruthlessly accurate research - though the occasional mistake may have slipped here and there - the more credibility.

The environmental hype is now slowly ebbing down; common sense starts to prevail; the mayor of London with his ecoterrorist agenda (actually populism and class warfare with another name, as it is often the case) lost his job and all other british politicians listened to the message; in general, politicians have become more and more timid in trying to "look good" by imposing new taxes "to save the planet". This book shares a part of the merit.

Buy it and will you never regret it.








Human Life at Any Price?, 23 May 2008
The whole thesis of this book is predicated on the moral superiority of the preservation and extension of human life for the maximum number of people. As such it essentially adopts a moral standpoint that values human life, well-being and happiness above all other forms of life and environment on the planet. Human life at any price, it seems.

Will make you think twice next time you hear a stat on the environment, 28 Feb 2008
Having always been in the technocentric camp and always been skeptical of environmental issues such as climate change and pollution, I read this book after my environmental issues lecturer put me in touch with it. I have to say that I was amazed with some of the 'propaganda' that environmental groups such as the WWF and green peace were putting out. An excellent read for those who are sick of the doom and gloom merchants we are now regularly seeing on the television on the subject of climate change. Although this is book is quite advanced particularly in the statistics department, (MR. Lomborg is an economist by trade), It is essential reading for those wishing to throw come back stats into the faces of the doom mongerers



Scare tactics exposed!, 05 Dec 2007
I bought this book several years ago after reading a review in a reputable newspaper. What really interested me was a report on the facts behind soil erosion, namely that the information was based on data from a very small scale experiment on sloping farm land in Belgium and simply extrapolated to cover all soils around the world! I couldn't believe that supposedly reputable people and organisations, would go to such obscene lengths to scare people into contributing to their research projects and funding. How wrong I was!
I enjoyed the book immensely and shook my head in disbelief on discovering how selective the environmentalist scaremongers were regarding data selection and how specifically it was presented so as to allow the reader to draw the obvious conclusion, ie- The one the scaremonger wanted them to draw.
The devil is in the detail and when he examined the facts and data behind the scary low sperm count headlines, the flawed nature of the data analysis and presentation soon became clear.
Bjorn Lomborg succeeded in exposing the scare stories for what they really were, just that. Unfortunately, he seems to be a lone voice and like a radio in a boiler factory, is in danger of being drowned out by the noise.
The

numbers and facts, 28 Oct 2007
Great read and a well researched book. Destined to be the bible on global issues.

There is so much presented. From population, wealth and health to climate and the environment. Not sure I could take anyone seriously unless they have read this book cover to references and notes!

a best book for finance , 15 Feb 2008
When I studied finance in the centre of ICMA ,the author was a lecturer.
I studied econometrics with this book.The merit of this book is that the student can understand the basic theory easily.The demerit of this book is that the deep theory is not covered.Anyway many finance courses choose this book.The author has moved from the university of reading to the city university.

This book should be read by every finance student, 30 Nov 2004
This is the book I would recommend for every student who wants to start using econometrics in finance. From OLS regressions to Garch and Markov-switching models, this book covers a lot of key econometric materials. It's short, very clear and well-written. It is the best introductory book to financial econometrics I've read so far (and it is only the first edition). The first part of the book (on the OLS model) can be read by students who have no particular background in econometrics. The second part of the book (mainly on time series models) is very convenient for final year BSc / 1st year MSc students in finance. Math is used only when it is strictly required. Focus is really placed on the intuition behind the model. There are a lot of finance papers that are discussed (related to the author's work) and a lot of detailed applications using Eviews and RATS (with a nice and short introduction to these softwares in chapter 1). The programs are available free on the editor's website while the data are NOT! (Datastream did not want the data to be downloadable free of charge). That's why I do not give 5 stars to the book. Note that there is nothing about intraday data and market microstucture.

fantastic treatment of the subject, 28 Oct 2008
A fantastic book for gaining a basic understanding of the subject. Have seen other books and trust me - you can easily get lost in some of them.

The english is good and the writing style helps you move through the book with ease without lose of continuity and thoughts.

A sound treatment at the basic level for anyone willing to learn the subject without the greek notations.

Good technical textbook for Advanced Students, 12 Oct 2000
Gujarati's treatment of Econometrics is clearly a cut above the rest. His examples and explanations make it clear, and simple to understand. However, a pre-requisite for the reader would be to have done at least Maths C in the GCE "A" Levels.

It's Ok.... but u should look elswhere !!, 28 Oct 2008
Gujarati's Book is much better and it's structure and style is closer to introductory studies than this book. I just looked at it once and then i followed Gujarati's one. The only advantage of the book might be its price.
Nothing special, all at all a simple book for econometrcis.... I think there are lot of better alternative options.

Thank u


Simple and easy yet in-depth, 15 Sep 2006
This introductory book is easy to understand. It covers all basic econometrics topics and some advanced topics such as stationary and non-stationary time series. Explanations are simple and not too technical. For those qualitative persons doing econometrics this book will be a saviour. For those quantitative persons, they may find the book oversimplistic but is still useful for an introductory course to grasp the basics. What this book lack is mathematical proofs. But other than that this book is an excellent one.

This is a very good introductory book on econometrics., 13 Mar 2004
CDs "Introduction to Econometrics" provides you with a comprehensive background on the subject (Time series, Simultaneous equations, Heteroscedasticity, Multicollinearity, Binary choice models, etc.) to be able to interpret and perform your own econometric analysis for further use in applied economics.

The book serves as an excellent introduction for both quantitative and qualitative thinkers. The former gain a broad view of the subject that lays down the foundation for more hardcore mathematical modelling. The mathematical proofs in the appendix give a more succinct explanation of the techniques employed.

Qualitative readers are able to comprehend the statistical models without having to struggle with endless formulas and boring mathematical proofs. The necessary skills that they require for writing/reading economic analysis are all explained in this book.

The slides give you a more concise treatment of the material and the study guide a more applied flavour of econometrics. These are all freely downloadable from the LSE economics website.

I personally found this book very helpful to proceed onto postgraduate economics.

Great book and easy to understand!, 16 Nov 2003
Whether or not you are an undergraduate at the LSE taking the introductory course on Econometrics, this book will be of interest to you if you'd like an introduction to Econometrics. This book takes you from a very basic understanding of statistics right through to how to deal with non-stationary time series. In between it covers topics such as simple and multiple regression, problems with multicollinearity and misspecifications (e.g. omitted variable bias), heteroscedasticity, proxy variables and instrumental variables, simultaenous equation bias and time series. The book also gives you a basic understanding of how to use logit and probit analysis when fitting binary choice models.
Dougherty has succeeded to make this book easy to understand for any undergraduate seeking knowledge in this topic. I find the detailed worked examples especially helpful for when it comes to solving practical problems for which the book mainly considers the use of Stata and Eview. The book also has a lot of excercises that help enhance the student's understanding of the topics. Additionally, Dougherty has compiled a course guide that among other things also goes through some of the exercises in the book. The course guide can be found on his webpage at the LSE in addition to all slide shows corresponding to the chapters of the book. Together with these additional course materials, the book makes the topics very easy to understand and cope with for students and should help them do well in their courses on Econometrics. This is really one of a kind and an extremely useful basis for further studies in Econometrics!!

A truly excellent book, 26 Jul 2008
This is one of those books which change the course of things.

It is hugely impressive not only because of the absolutely massive amount of research involved, but because the entire work comes from someone who had, initially, entirely opposite convictions to those reflected in the book and had the intellectual honesty to understand that he was wrong, accept it and spread the word.

More notable is the book also for the unbelievable smearing campaign and the attempt at character assassination of which the author has been made object from his former companions, a truly sobering experience about the ways of "idealists","world savers" and apostles of "tolerance".

And mind, this is not someone just pretending to have been converted to sell a bit more; the author was very active in his academic milieu and certainly not the conservative type (openly and vocally leftist, openly and vocally homosexual). This gives the claims in the books, apart from the huge and ruthlessly accurate research - though the occasional mistake may have slipped here and there - the more credibility.

The environmental hype is now slowly ebbing down; common sense starts to prevail; the mayor of London with his ecoterrorist agenda (actually populism and class warfare with another name, as it is often the case) lost his job and all other british politicians listened to the message; in general, politicians have become more and more timid in trying to "look good" by imposing new taxes "to save the planet". This book shares a part of the merit.

Buy it and will you never regret it.








Human Life at Any Price?, 23 May 2008
The whole thesis of this book is predicated on the moral superiority of the preservation and extension of human life for the maximum number of people. As such it essentially adopts a moral standpoint that values human life, well-being and happiness above all other forms of life and environment on the planet. Human life at any price, it seems.

Will make you think twice next time you hear a stat on the environment, 28 Feb 2008
Having always been in the technocentric camp and always been skeptical of environmental issues such as climate change and pollution, I read this book after my environmental issues lecturer put me in touch with it. I have to say that I was amazed with some of the 'propaganda' that environmental groups such as the WWF and green peace were putting out. An excellent read for those who are sick of the doom and gloom merchants we are now regularly seeing on the television on the subject of climate change. Although this is book is quite advanced particularly in the statistics department, (MR. Lomborg is an economist by trade), It is essential reading for those wishing to throw come back stats into the faces of the doom mongerers



Scare tactics exposed!, 05 Dec 2007
I bought this book several years ago after reading a review in a reputable newspaper. What really interested me was a report on the facts behind soil erosion, namely that the information was based on data from a very small scale experiment on sloping farm land in Belgium and simply extrapolated to cover all soils around the world! I couldn't believe that supposedly reputable people and organisations, would go to such obscene lengths to scare people into contributing to their research projects and funding. How wrong I was!
I enjoyed the book immensely and shook my head in disbelief on discovering how selective the environmentalist scaremongers were regarding data selection and how specifically it was presented so as to allow the reader to draw the obvious conclusion, ie- The one the scaremonger wanted them to draw.
The devil is in the detail and when he examined the facts and data behind the scary low sperm count headlines, the flawed nature of the data analysis and presentation soon became clear.
Bjorn Lomborg succeeded in exposing the scare stories for what they really were, just that. Unfortunately, he seems to be a lone voice and like a radio in a boiler factory, is in danger of being drowned out by the noise.
The

numbers and facts, 28 Oct 2007
Great read and a well researched book. Destined to be the bible on global issues.

There is so much presented. From population, wealth and health to climate and the environment. Not sure I could take anyone seriously unless they have read this book cover to references and notes!

a best book for finance , 15 Feb 2008
When I studied finance in the centre of ICMA ,the author was a lecturer.
I studied econometrics with this book.The merit of this book is that the student can understand the basic theory easily.The demerit of this book is that the deep theory is not covered.Anyway many finance courses choose this book.The author has moved from the university of reading to the city university.

This book should be read by every finance student, 30 Nov 2004
This is the book I would recommend for every student who wants to start using econometrics in finance. From OLS regressions to Garch and Markov-switching models, this book covers a lot of key econometric materials. It's short, very clear and well-written. It is the best introductory book to financial econometrics I've read so far (and it is only the first edition). The first part of the book (on the OLS model) can be read by students who have no particular background in econometrics. The second part of the book (mainly on time series models) is very convenient for final year BSc / 1st year MSc students in finance. Math is used only when it is strictly required. Focus is really placed on the intuition behind the model. There are a lot of finance papers that are discussed (related to the author's work) and a lot of detailed applications using Eviews and RATS (with a nice and short introduction to these softwares in chapter 1). The programs are available free on the editor's website while the data are NOT! (Datastream did not want the data to be downloadable free of charge). That's why I do not give 5 stars to the book. Note that there is nothing about intraday data and market microstucture.

fantastic treatment of the subject, 28 Oct 2008
A fantastic book for gaining a basic understanding of the subject. Have seen other books and trust me - you can easily get lost in some of them.

The english is good and the writing style helps you move through the book with ease without lose of continuity and thoughts.

A sound treatment at the basic level for anyone willing to learn the subject without the greek notations.

Good technical textbook for Advanced Students, 12 Oct 2000
Gujarati's treatment of Econometrics is clearly a cut above the rest. His examples and explanations make it clear, and simple to understand. However, a pre-requisite for the reader would be to have done at least Maths C in the GCE "A" Levels.

It's Ok.... but u should look elswhere !!, 28 Oct 2008
Gujarati's Book is much better and it's structure and style is closer to introductory studies than this book. I just looked at it once and then i followed Gujarati's one. The only advantage of the book might be its price.
Nothing special, all at all a simple book for econometrcis.... I think there are lot of better alternative options.

Thank u


Simple and easy yet in-depth, 15 Sep 2006
This introductory book is easy to understand. It covers all basic econometrics topics and some advanced topics such as stationary and non-stationary time series. Explanations are simple and not too technical. For those qualitative persons doing econometrics this book will be a saviour. For those quantitative persons, they may find the book oversimplistic but is still useful for an introductory course to grasp the basics. What this book lack is mathematical proofs. But other than that this book is an excellent one.

This is a very good introductory book on econometrics., 13 Mar 2004
CDs "Introduction to Econometrics" provides you with a comprehensive background on the subject (Time series, Simultaneous equations, Heteroscedasticity, Multicollinearity, Binary choice models, etc.) to be able to interpret and perform your own econometric analysis for further use in applied economics.

The book serves as an excellent introduction for both quantitative and qualitative thinkers. The former gain a broad view of the subject that lays down the foundation for more hardcore mathematical modelling. The mathematical proofs in the appendix give a more succinct explanation of the techniques employed.

Qualitative readers are able to comprehend the statistical models without having to struggle with endless formulas and boring mathematical proofs. The necessary skills that they require for writing/reading economic analysis are all explained in this book.

The slides give you a more concise treatment of the material and the study guide a more applied flavour of econometrics. These are all freely downloadable from the LSE economics website.

I personally found this book very helpful to proceed onto postgraduate economics.

Great book and easy to understand!, 16 Nov 2003
Whether or not you are an undergraduate at the LSE taking the introductory course on Econometrics, this book will be of interest to you if you'd like an introduction to Econometrics. This book takes you from a very basic understanding of statistics right through to how to deal with non-stationary time series. In between it covers topics such as simple and multiple regression, problems with multicollinearity and misspecifications (e.g. omitted variable bias), heteroscedasticity, proxy variables and instrumental variables, simultaenous equation bias and time series. The book also gives you a basic understanding of how to use logit and probit analysis when fitting binary choice models.
Dougherty has succeeded to make this book easy to understand for any undergraduate seeking knowledge in this topic. I find the detailed worked examples especially helpful for when it comes to solving practical problems for which the book mainly considers the use of Stata and Eview. The book also has a lot of excercises that help enhance the student's understanding of the topics. Additionally, Dougherty has compiled a course guide that among other things also goes through some of the exercises in the book. The course guide can be found on his webpage at the LSE in addition to all slide shows corresponding to the chapters of the book. Together with these additional course materials, the book makes the topics very easy to understand and cope with for students and should help them do well in their courses on Econometrics. This is really one of a kind and an extremely useful basis for further studies in Econometrics!!

A must have, 18 Jan 2003
Greene's text is currently the quintessential econometrics "how-to" manual on the market. Most 1st year PhD students will at some point have to work their way through Greene. He feature a wide range of techniques and methods. But as with most econometrics texts, there doesn't seem to be any overarching organization. Just several chapters featuring several different aspects of econometrics. The book by itself can be a little daunting, but is accessible to most students. Reading it in conjunction with Kennedy's Econometric text will provide an excellent introduction to the material

A truly excellent book, 26 Jul 2008
This is one of those books which change the course of things.

It is hugely impressive not only because of the absolutely massive amount of research involved, but because the entire work comes from someone who had, initially, entirely opposite convictions to those reflected in the book and had the intellectual honesty to understand that he was wrong, accept it and spread the word.

More notable is the book also for the unbelievable smearing campaign and the attempt at character assassination of which the author has been made object from his former companions, a truly sobering experience about the ways of "idealists","world savers" and apostles of "tolerance".

And mind, this is not someone just pretending to have been converted to sell a bit more; the author was very active in his academic milieu and certainly not the conservative type (openly and vocally leftist, openly and vocally homosexual). This gives the claims in the books, apart from the huge and ruthlessly accurate research - though the occasional mistake may have slipped here and there - the more credibility.

The environmental hype is now slowly ebbing down; common sense starts to prevail; the mayor of London with his ecoterrorist agenda (actually populism and class warfare with another name, as it is often the case) lost his job and all other british politicians listened to the message; in general, politicians have become more and more timid in trying to "look good" by imposing new taxes "to save the planet". This book shares a part of the merit.

Buy it and will you never regret it.








Human Life at Any Price?, 23 May 2008
The whole thesis of this book is predicated on the moral superiority of the preservation and extension of human life for the maximum number of people. As such it essentially adopts a moral standpoint that values human life, well-being and happiness above all other forms of life and environment on the planet. Human life at any price, it seems.

Will make you think twice next time you hear a stat on the environment, 28 Feb 2008
Having always been in the technocentric camp and always been skeptical of environmental issues such as climate change and pollution, I read this book after my environmental issues lecturer put me in touch with it. I have to say that I was amazed with some of the 'propaganda' that environmental groups such as the WWF and green peace were putting out. An excellent read for those who are sick of the doom and gloom merchants we are now regularly seeing on the television on the subject of climate change. Although this is book is quite advanced particularly in the statistics department, (MR. Lomborg is an economist by trade), It is essential reading for those wishing to throw come back stats into the faces of the doom mongerers



Scare tactics exposed!, 05 Dec 2007
I bought this book several years ago after reading a review in a reputable newspaper. What really interested me was a report on the facts behind soil erosion, namely that the information was based on data from a very small scale experiment on sloping farm land in Belgium and simply extrapolated to cover all soils around the world! I couldn't believe that supposedly reputable people and organisations, would go to such obscene lengths to scare people into contributing to their research projects and funding. How wrong I was!
I enjoyed the book immensely and shook my head in disbelief on discovering how selective the environmentalist scaremongers were regarding data selection and how specifically it was presented so as to allow the reader to draw the obvious conclusion, ie- The one the scaremonger wanted them to draw.
The devil is in the detail and when he examined the facts and data behind the scary low sperm count headlines, the flawed nature of the data analysis and presentation soon became clear.
Bjorn Lomborg succeeded in exposing the scare stories for what they really were, just that. Unfortunately, he seems to be a lone voice and like a radio in a boiler factory, is in danger of being drowned out by the noise.
The

numbers and facts, 28 Oct 2007
Great read and a well researched book. Destined to be the bible on global issues.

There is so much presented. From population, wealth and health to climate and the environment. Not sure I could take anyone seriously unless they have read this book cover to references and notes!

a best book for finance , 15 Feb 2008
When I studied finance in the centre of ICMA ,the author was a lecturer.
I studied econometrics with this book.The merit of this book is that the student can understand the basic theory easily.The demerit of this book is that the deep theory is not covered.Anyway many finance courses choose this book.The author has moved from the university of reading to the city university.

This book should be read by every finance student, 30 Nov 2004
This is the book I would recommend for every student who wants to start using econometrics in finance. From OLS regressions to Garch and Markov-switching models, this book covers a lot of key econometric materials. It's short, very clear and well-written. It is the best introductory book to financial econometrics I've read so far (and it is only the first edition). The first part of the book (on the OLS model) can be read by students who have no particular background in econometrics. The second part of the book (mainly on time series models) is very convenient for final year BSc / 1st year MSc students in finance. Math is used only when it is strictly required. Focus is really placed on the intuition behind the model. There are a lot of finance papers that are discussed (related to the author's work) and a lot of detailed applications using Eviews and RATS (with a nice and short introduction to these softwares in chapter 1). The programs are available free on the editor's website while the data are NOT! (Datastream did not want the data to be downloadable free of charge). That's why I do not give 5 stars to the book. Note that there is nothing about intraday data and market microstucture.

fantastic treatment of the subject, 28 Oct 2008
A fantastic book for gaining a basic understanding of the subject. Have seen other books and trust me - you can easily get lost in some of them.

The english is good and the writing style helps you move through the book with ease without lose of continuity and thoughts.

A sound treatment at the basic level for anyone willing to learn the subject without the greek notations.

Good technical textbook for Advanced Students, 12 Oct 2000
Gujarati's treatment of Econometrics is clearly a cut above the rest. His examples and explanations make it clear, and simple to understand. However, a pre-requisite for the reader would be to have done at least Maths C in the GCE "A" Levels.

It's Ok.... but u should look elswhere !!, 28 Oct 2008
Gujarati's Book is much better and it's structure and style is closer to introductory studies than this book. I just looked at it once and then i followed Gujarati's one. The only advantage of the book might be its price.
Nothing special, all at all a simple book for econometrcis.... I think there are lot of better alternative options.

Thank u


Simple and easy yet in-depth, 15 Sep 2006
This introductory book is easy to understand. It covers all basic econometrics topics and some advanced topics such as stationary and non-stationary time series. Explanations are simple and not too technical. For those qualitative persons doing econometrics this book will be a saviour. For those quantitative persons, they may find the book oversimplistic but is still useful for an introductory course to grasp the basics. What this book lack is mathematical proofs. But other than that this book is an excellent one.

This is a very good introductory book on econometrics., 13 Mar 2004
CDs "Introduction to Econometrics" provides you with a comprehensive background on the subject (Time series, Simultaneous equations, Heteroscedasticity, Multicollinearity, Binary choice models, etc.) to be able to interpret and perform your own econometric analysis for further use in applied economics.

The book serves as an excellent introduction for both quantitative and qualitative thinkers. The former gain a broad view of the subject that lays down the foundation for more hardcore mathematical modelling. The mathematical proofs in the appendix give a more succinct explanation of the techniques employed.

Qualitative readers are able to comprehend the statistical models without having to struggle with endless formulas and boring mathematical proofs. The necessary skills that they require for writing/reading economic analysis are all explained in this book.

The slides give you a more concise treatment of the material and the study guide a more applied flavour of econometrics. These are all freely downloadable from the LSE economics website.

I personally found this book very helpful to proceed onto postgraduate economics.

Great book and easy to understand!, 16 Nov 2003
Whether or not you are an undergraduate at the LSE taking the introductory course on Econometrics, this book will be of interest to you if you'd like an introduction to Econometrics. This book takes you from a very basic understanding of statistics right through to how to deal with non-stationary time series. In between it covers topics such as simple and multiple regression, problems with multicollinearity and misspecifications (e.g. omitted variable bias), heteroscedasticity, proxy variables and instrumental variables, simultaenous equation bias and time series. The book also gives you a basic understanding of how to use logit and probit analysis when fitting binary choice models.
Dougherty has succeeded to make this book easy to understand for any undergraduate seeking knowledge in this topic. I find the detailed worked examples especially helpful for when it comes to solving practical problems for which the book mainly considers the use of Stata and Eview. The book also has a lot of excercises that help enhance the student's understanding of the topics. Additionally, Dougherty has compiled a course guide that among other things also goes through some of the exercises in the book. The course guide can be found on his webpage at the LSE in addition to all slide shows corresponding to the chapters of the book. Together with these additional course materials, the book makes the topics very easy to understand and cope with for students and should help them do well in their courses on Econometrics. This is really one of a kind and an extremely useful basis for further studies in Econometrics!!

A must have, 18 Jan 2003
Greene's text is currently the quintessential econometrics "how-to" manual on the market. Most 1st year PhD students will at some point have to work their way through Greene. He feature a wide range of techniques and methods. But as with most econometrics texts, there doesn't seem to be any overarching organization. Just several chapters featuring several different aspects of econometrics. The book by itself can be a little daunting, but is accessible to most students. Reading it in conjunction with Kennedy's Econometric text will provide an excellent introduction to the material

A nice inroduction to econometrics!, 20 Nov 2002
This book could be very useful for students who don't have strong econometric knowledges but are interested in a complete (but superficial) overview of the main topics in econometrics. The simple and clear language used by the author and the number of example suggested represent the most important advanteges of this book. I wouldn't suggest this book to postgraduate students who are already familiar with classical linear model and estimatin's problems.

Good but not particularly concise, 02 Oct 2002
This book is quite good for beginners in econometrics. It contains all the necessary beginner material, and more besides. However, it falls down on the fact that it fails to give precise explanations. It will explain something, then restate it, then restate it a different way and then another completely different way for good measure - this can be extremely confusing for novices.

An excellent introductory econometrics textbook, 25 May 2002
This textbook comes with many "real" examples which allow readers to learn and realize the applications of econometric techniques. It also gives an introduction to panel data and time series methods which are very common in empirical works, but not covered by many introductory textbooks.

Excellent introduction to econometrics. Highly recommended, 02 May 2002
I used this book as a starting point for my econometrics courses for my MSc. I've never done econometrics and not much statistics before. It contains a surprising amount of detail and though can sometimes be a bit lacking in places (the more advanced topics which you probably wouldnt look for in an intro book like this anyway. so kudos for NOT covering them in detail!) its an excellent text. Highly recommended as a text book for beginners or as a reference to all and sundry.

An excellent practical introduction to Econometrics, 29 Apr 2000
The book clearly explains the theory behind econometrics. Also offers the reader plenty of examples to guide them through econometrics.

A truly excellent book, 26 Jul 2008
This is one of those books which change the course of things.

It is hugely impressive not only because of the absolutely massive amount of research involved, but because the entire work comes from someone who had, initially, entirely opposite convictions to those reflected in the book and had the intellectual honesty to understand that he was wrong, accept it and spread the word.

More notable is the book also for the unbelievable smearing campaign and the attempt at character assassination of which the author has been made object from his former companions, a truly sobering experience about the ways of "idealists","world savers" and apostles of "tolerance".

And mind, this is not someone just pretending to have been converted to sell a bit more; the author was very active in his academic milieu and certainly not the conservative type (openly and vocally leftist, openly and vocally homosexual). This gives the claims in the books, apart from the huge and ruthlessly accurate research - though the occasional mistake may have slipped here and there - the more credibility.

The environmental hype is now slowly ebbing down; common sense starts to prevail; the mayor of London with his ecoterrorist agenda (actually populism and class warfare with another name, as it is often the case) lost his job and all other british politicians listened to the message; in general, politicians have become more and more timid in trying to "look good" by imposing new taxes "to save the planet". This book shares a part of the merit.

Buy it and will you never regret it.








Human Life at Any Price?, 23 May 2008
The whole thesis of this book is predicated on the moral superiority of the preservation and extension of human life for the maximum number of people. As such it essentially adopts a moral standpoint that values human life, well-being and happiness above all other forms of life and environment on the planet. Human life at any price, it seems.

Will make you think twice next time you hear a stat on the environment, 28 Feb 2008
Having always been in the technocentric camp and always been skeptical of environmental issues such as climate change and pollution, I read this book after my environmental issues lecturer put me in touch with it. I have to say that I was amazed with some of the 'propaganda' that environmental groups such as the WWF and green peace were putting out. An excellent read for those who are sick of the doom and gloom merchants we are now regularly seeing on the television on the subject of climate change. Although this is book is quite advanced particularly in the statistics department, (MR. Lomborg is an economist by trade), It is essential reading for those wishing to throw come back stats into the faces of the doom mongerers



Scare tactics exposed!, 05 Dec 2007
I bought this book several years ago after reading a review in a reputable newspaper. What really interested me was a report on the facts behind soil erosion, namely that the information was based on data from a very small scale experiment on sloping farm land in Belgium and simply extrapolated to cover all soils around the world! I couldn't believe that supposedly reputable people and organisations, would go to such obscene lengths to scare people into contributing to their research projects and funding. How wrong I was!
I enjoyed the book immensely and shook my head in disbelief on discovering how selective the environmentalist scaremongers were regarding data selection and how specifically it was presented so as to allow the reader to draw the obvious conclusion, ie- The one the scaremonger wanted them to draw.
The devil is in the detail and when he examined the facts and data behind the scary low sperm count headlines, the flawed nature of the data analysis and presentation soon became clear.
Bjorn Lomborg succeeded in exposing the scare stories for what they really were, just that. Unfortunately, he seems to be a lone voice and like a radio in a boiler factory, is in danger of being drowned out by the noise.
The

numbers and facts, 28 Oct 2007
Great read and a well researched book. Destined to be the bible on global issues.

There is so much presented. From population, wealth and health to climate and the environment. Not sure I could take anyone seriously unless they have read this book cover to references and notes!

a best book for finance , 15 Feb 2008
When I studied finance in the centre of ICMA ,the author was a lecturer.
I studied econometrics with this book.The merit of this book is that the student can understand the basic theory easily.The demerit of this book is that the deep theory is not covered.Anyway many finance courses choose this book.The author has moved from the university of reading to the city university.

This book should be read by every finance student, 30 Nov 2004
This is the book I would recommend for every student who wants to start using econometrics in finance. From OLS regressions to Garch and Markov-switching models, this book covers a lot of key econometric materials. It's short, very clear and well-written. It is the best introductory book to financial econometrics I've read so far (and it is only the first edition). The first part of the book (on the OLS model) can be read by students who have no particular background in econometrics. The second part of the book (mainly on time series models) is very convenient for final year BSc / 1st year MSc students in finance. Math is used only when it is strictly required. Focus is really placed on the intuition behind the model. There are a lot of finance papers that are discussed (related to the author's work) and a lot of detailed applications using Eviews and RATS (with a nice and short introduction to these softwares in chapter 1). The programs are available free on the editor's website while the data are NOT! (Datastream did not want the data to be downloadable free of charge). That's why I do not give 5 stars to the book. Note that there is nothing about intraday data and market microstucture.

fantastic treatment of the subject, 28 Oct 2008
A fantastic book for gaining a basic understanding of the subject. Have seen other books and trust me - you can easily get lost in some of them.

The english is good and the writing style helps you move through the book with ease without lose of continuity and thoughts.

A sound treatment at the basic level for anyone willing to learn the subject without the greek notations.

Good technical textbook for Advanced Students, 12 Oct 2000
Gujarati's treatment of Econometrics is clearly a cut above the rest. His examples and explanations make it clear, and simple to understand. However, a pre-requisite for the reader would be to have done at least Maths C in the GCE "A" Levels.

It's Ok.... but u should look elswhere !!, 28 Oct 2008
Gujarati's Book is much better and it's structure and style is closer to introductory studies than this book. I just looked at it once and then i followed Gujarati's one. The only advantage of the book might be its price.
Nothing special, all at all a simple book for econometrcis.... I think there are lot of better alternative options.

Thank u


Simple and easy yet in-depth, 15 Sep 2006
This introductory book is easy to understand. It covers all basic econometrics topics and some advanced topics such as stationary and non-stationary time series. Explanations are simple and not too technical. For those qualitative persons doing econometrics this book will be a saviour. For those quantitative persons, they may find the book oversimplistic but is still useful for an introductory course to grasp the basics. What this book lack is mathematical proofs. But other than that this book is an excellent one.

This is a very good introductory book on econometrics., 13 Mar 2004
CDs "Introduction to Econometrics" provides you with a comprehensive background on the subject (Time series, Simultaneous equations, Heteroscedasticity, Multicollinearity, Binary choice models, etc.) to be able to interpret and perform your own econometric analysis for further use in applied economics.

The book serves as an excellent introduction for both quantitative and qualitative thinkers. The former gain a broad view of the subject that lays down the foundation for more hardcore mathematical modelling. The mathematical proofs in the appendix give a more succinct explanation of the techniques employed.

Qualitative readers are able to comprehend the statistical models without having to struggle with endless formulas and boring mathematical proofs. The necessary skills that they require for writing/reading economic analysis are all explained in this book.

The slides give you a more concise treatment of the material and the study guide a more applied flavour of econometrics. These are all freely downloadable from the LSE economics website.

I personally found this book very helpful to proceed onto postgraduate economics.

Great book and easy to understand!, 16 Nov 2003
Whether or not you are an undergraduate at the LSE taking the introductory course on Econometrics, this book will be of interest to you if you'd like an introduction to Econometrics. This book takes you from a very basic understanding of statistics right through to how to deal with non-stationary time series. In between it covers topics such as simple and multiple regression, problems with multicollinearity and misspecifications (e.g. omitted variable bias), heteroscedasticity, proxy variables and instrumental variables, simultaenous equation bias and time series. The book also gives you a basic understanding of how to use logit and probit analysis when fitting binary choice models.
Dougherty has succeeded to make this book easy to understand for any undergraduate seeking knowledge in this topic. I find the detailed worked examples especially helpful for when it comes to solving practical problems for which the book mainly considers the use of Stata and Eview. The book also has a lot of excercises that help enhance the student's understanding of the topics. Additionally, Dougherty has compiled a course guide that among other things also goes through some of the exercises in the book. The course guide can be found on his webpage at the LSE in addition to all slide shows corresponding to the chapters of the book. Together with these additional course materials, the book makes the topics very easy to understand and cope with for students and should help them do well in their courses on Econometrics. This is really one of a kind and an extremely useful basis for further studies in Econometrics!!

A must have, 18 Jan 2003
Greene's text is currently the quintessential econometrics "how-to" manual on the market. Most 1st year PhD students will at some point have to work their way through Greene. He feature a wide range of techniques and methods. But as with most econometrics texts, there doesn't seem to be any overarching organization. Just several chapters featuring several different aspects of econometrics. The book by itself can be a little daunting, but is accessible to most students. Reading it in conjunction with Kennedy's Econometric text will provide an excellent introduction to the material

A nice inroduction to econometrics!, 20 Nov 2002
This book could be very useful for students who don't have strong econometric knowledges but are interested in a complete (but superficial) overview of the main topics in econometrics. The simple and clear language used by the author and the number of example suggested represent the most important advanteges of this book. I wouldn't suggest this book to postgraduate students who are already familiar with classical linear model and estimatin's problems.

Good but not particularly concise, 02 Oct 2002
This book is quite good for beginners in econometrics. It contains all the necessary beginner material, and more besides. However, it falls down on the fact that it fails to give precise explanations. It will explain something, then restate it, then restate it a different way and then another completely different way for good measure - this can be extremely confusing for novices.

An excellent introductory econometrics textbook, 25 May 2002
This textbook comes with many "real" examples which allow readers to learn and realize the applications of econometric techniques. It also gives an introduction to panel data and time series methods which are very common in empirical works, but not covered by many introductory textbooks.

Excellent introduction to econometrics. Highly recommended, 02 May 2002
I used this book as a starting point for my econometrics courses for my MSc. I've never done econometrics and not much statistics before. It contains a surprising amount of detail and though can sometimes be a bit lacking in places (the more advanced topics which you probably wouldnt look for in an intro book like this anyway. so kudos for NOT covering them in detail!) its an excellent text. Highly recommended as a text book for beginners or as a reference to all and sundry.

An excellent practical introduction to Econometrics, 29 Apr 2000
The book clearly explains the theory behind econometrics. Also offers the reader plenty of examples to guide them through econometrics.

Amusing way to learn stats, but don't expect it to be too easy., 28 Jul 2008
I got hold of this book because I was looking for a textbook I could recommend to colleauges who needed to boost their stats knowledge but who were definately not expert statisticians. I thought that the more amusing presentation might hold the interest of non-mathematicians better than most textbooks.

It's aimed at the kind of reader who needs to use statistics but has the attitude to them which one of my colleagues at an Economics department meeting at University once parodied by saying of the title of a stats course, "That'll sound to most students like 'Come and stick your hand in a bowl of piranha fish!'"

Well, this book does cover the material in an entertaining way, and the cartoons are both relevant and amusing.

But don't imagine that this will make statistics easy. It's a reasonably good presentation of the principles of statistical analysis, put together in a humorous way. My colleagues did find it easier to pick up and read. In that sense I would guardedly describe this as a success and I'd give it four stars.

While the book does make it easier to make the effort to apply yourself to the subject, it does not magically eliminate any requirement for that intellectual effort and never could have.

In fact, if you are looking for an applied statistics or Econometrics textbook which expresses the equations and what you need to do clearly and in relatively simple language, I have read one or two - Yeomans "Studies in Applied Statistics" or Maddala's "Econometrics" spring to mind - which are easier to follow.

My main minor irritation with this book is that it is printed in a font which looks like handwriting, presumably to match the cartoons, and I find this slightly harder to read than standard typescript.

Nevertheless, it's entertaining, the stats is sound, and if you want to a stats textbook for someone who would have difficulty making themselves even pick up the average maths book, never mind read it, this may be what you're looking for.

The Cartoon Guide to Statistics, 25 Feb 2003
While The Cartoon Guide to Statistics looked very promising to begin with, it soon became quite confusing. Ultimately and unfortunately, The Cartoon Guide to Statistics was of no real use, at least not for a beginer. In particular, the priciples were not explaind in enough detail. The authors tends to jump from one point to the next without adequate explaination. Although it is a cartoon guide, the cartoons often have little to do with the statistics and were only used for humerous effect. Speaking of humour, the book is amusing, but after a while, not being able to understand the statistics is too frustrating to enjoy the humour. All in all, this book is not really for the beginer.

The Cartoon Guide to Statistics, 25 Feb 2003
While The Cartoon Guide to Statistics looked very promising to begin with, it soon became quite confusing. Ultimately and unfortunately, The Cartoon Guide to Statistics was of no real use, at least not for a beginer. In particular, the priciples were not explaind in enough detail. The authors tends to jump from one point to the next without adequate explaination. Although it is a cartoon guide, the cartoons often have little to do with the statistics and were only used for humerous effect. Speaking of humour, the book is amusing, but after a while, not being able to understand the statistics is too frustrating to enjoy the humour. All in all, this book is not really for the beginer.

Excellent and Practical... but don't be fooled!, 04 Aug 1999
This book is exceptional in its ability to communicate difficult concepts in a light and entertaining manner. It seems to me that those who gave this book low ratings seem to think that the book should have magically imparted its knowledge upon them with no effort on their part.

Indeed, although Gonick presents the details via cartoons, that does not change the fact that "Sigma" is still "Sigma", and if you don't understand exactly what "Sigma" represents before moving on to the next concept, then you will not understand the subsequent lessons.

ie. Just because cartoons tell the tale, it doesn't mean that you will breeze through this book as you might a comic book. The individual concepts must be read and reread and perhaps even contemplated in order to truly understand each one before moving on to the next concept. If you do not do this, then, of course, nothing will make sense.

This is a book of statistics, not miracles...thus work will still be necessary in order to absorb the basic concepts within it.

Nevertheless, this book is far clearer and much more fun to read than any other stat book I've opened before. Very highly recommended.

Excellent for a refresher on Statistics, 01 Jun 1999
I graduated with an Engineering Degree having taken three statistics classes in College, getting solid B's in each. Yet after being out of school for a while and needing to brush up, I picked up this book and found it very good at reminding me of the major concepts. Excellent book.

A truly excellent book, 26 Jul 2008
This is one of those books which change the course of things.

It is hugely impressive not only because of the absolutely massive amount of research involved, but because the entire work comes from someone who had, initially, entirely opposite convictions to those reflected in the book and had the intellectual honesty to understand that he was wrong, accept it and spread the word.

More notable is the book also for the unbelievable smearing campaign and the attempt at character assassination of which the author has been made object from his former companions, a truly sobering experience about the ways of "idealists","world savers" and apostles of "tolerance".

And mind, this is not someone just pretending to have been converted to sell a bit more; the author was very active in his academic milieu and certainly not the conservative type (openly and vocally leftist, openly and vocally homosexual). This gives the claims in the books, apart from the huge and ruthlessly accurate research - though the occasional mistake may have slipped here and there - the more credibility.

The environmental hype is now slowly ebbing down; common sense starts to prevail; the mayor of London with his ecoterrorist agenda (actually populism and class warfare with another name, as it is often the case) lost his job and all other british politicians listened to the message; in general, politicians have become more and more timid in trying to "look good" by imposing new taxes "to save the planet". This book shares a part of the merit.

Buy it and will you never regret it.








Human Life at Any Price?, 23 May 2008
The whole thesis of this book is predicated on the moral superiority of the preservation and extension of human life for the maximum number of people. As such it essentially adopts a moral standpoint that values human life, well-being and happiness above all other forms of life and environment on the planet. Human life at any price, it seems.

Will make you think twice next time you hear a stat on the environment, 28 Feb 2008
Having always been in the technocentric camp and always been skeptical of environmental issues such as climate change and pollution, I read this book after my environmental issues lecturer put me in touch with it. I have to say that I was amazed with some of the 'propaganda' that environmental groups such as the WWF and green peace were putting out. An excellent read for those who are sick of the doom and gloom merchants we are now regularly seeing on the television on the subject of climate change. Although this is book is quite advanced particularly in the statistics department, (MR. Lomborg is an economist by trade), It is essential reading for those wishing to throw come back stats into the faces of the doom mongerers



Scare tactics exposed!, 05 Dec 2007
I bought this book several years ago after reading a review in a reputable newspaper. What really interested me was a report on the facts behind soil erosion, namely that the information was based on data from a very small scale experiment on sloping farm land in Belgium and simply extrapolated to cover all soils around the world! I couldn't believe that supposedly reputable people and organisations, would go to such obscene lengths to scare people into contributing to their research projects and funding. How wrong I was!
I enjoyed the book immensely and shook my head in disbelief on discovering how selective the environmentalist scaremongers were regarding data selection and how specifically it was presented so as to allow the reader to draw the obvious conclusion, ie- The one the scaremonger wanted them to draw.
The devil is in the detail and when he examined the facts and data behind the scary low sperm count headlines, the flawed nature of the data analysis and presentation soon became clear.
Bjorn Lomborg succeeded in exposing the scare stories for what they really were, just that. Unfortunately, he seems to be a lone voice and like a radio in a boiler factory, is in danger of being drowned out by the noise.
The

numbers and facts, 28 Oct 2007
Great read and a well researched book. Destined to be the bible on global issues.

There is so much presented. From population, wealth and health to climate and the environment. Not sure I could take anyone seriously unless they have read this book cover to references and notes!

a best book for finance , 15 Feb 2008
When I studied finance in the centre of ICMA ,the author was a lecturer.
I studied econometrics with this book.The merit of this book is that the student can understand the basic theory easily.The demerit of this book is that the deep theory is not covered.Anyway many finance courses choose this book.The author has moved from the university of reading to the city university.

This book should be read by every finance student, 30 Nov 2004
This is the book I would recommend for every student who wants to start using econometrics in finance. From OLS regressions to Garch and Markov-switching models, this book covers a lot of key econometric materials. It's short, very clear and well-written. It is the best introductory book to financial econometrics I've read so far (and it is only the first edition). The first part of the book (on the OLS model) can be read by students who have no particular background in econometrics. The second part of the book (mainly on time series models) is very convenient for final year BSc / 1st year MSc students in finance. Math is used only when it is strictly required. Focus is really placed on the intuition behind the model. There are a lot of finance papers that are discussed (related to the author's work) and a lot of detailed applications using Eviews and RATS (with a nice and short introduction to these softwares in chapter 1). The programs are available free on the editor's website while the data are NOT! (Datastream did not want the data to be downloadable free of charge). That's why I do not give 5 stars to the book. Note that there is nothing about intraday data and market microstucture.

fantastic treatment of the subject, 28 Oct 2008
A fantastic book for gaining a basic understanding of the subject. Have seen other books and trust me - you can easily get lost in some of them.

The english is good and the writing style helps you move through the book with ease without lose of continuity and thoughts.

A sound treatment at the basic level for anyone willing to learn the subject without the greek notations.

Good technical textbook for Advanced Students, 12 Oct 2000
Gujarati's treatment of Econometrics is clearly a cut above the rest. His examples and explanations make it clear, and simple to understand. However, a pre-requisite for the reader would be to have done at least Maths C in the GCE "A" Levels.

It's Ok.... but u should look elswhere !!, 28 Oct 2008
Gujarati's Book is much better and it's structure and style is closer to introductory studies than this book. I just looked at it once and then i followed Gujarati's one. The only advantage of the book might be its price.
Nothing special, all at all a simple book for econometrcis.... I think there are lot of better alternative options.

Thank u


Simple and easy yet in-depth, 15 Sep 2006
This introductory book is easy to understand. It covers all basic econometrics topics and some advanced topics such as stationary and non-stationary time series. Explanations are simple and not too technical. For those qualitative persons doing econometrics this book will be a saviour. For those quantitative persons, they may find the book oversimplistic but is still useful for an introductory course to grasp the basics. What this book lack is mathematical proofs. But other than that this book is an excellent one.

This is a very good introductory book on econometrics., 13 Mar 2004
CDs "Introduction to Econometrics" provides you with a comprehensive background on the subject (Time series, Simultaneous equations, Heteroscedasticity, Multicollinearity, Binary choice models, etc.) to be able to interpret and perform your own econometric analysis for further use in applied economics.

The book serves as an excellent introduction for both quantitative and qualitative thinkers. The former gain a broad view of the subject that lays down the foundation for more hardcore mathematical modelling. The mathematical proofs in the appendix give a more succinct explanation of the techniques employed.

Qualitative readers are able to comprehend the statistical models without having to struggle with endless formulas and boring mathematical proofs. The necessary skills that they require for writing/reading economic analysis are all explained in this book.

The slides give you a more concise treatment of the material and the study guide a more applied flavour of econometrics. These are all freely downloadable from the LSE economics website.

I personally found this book very helpful to proceed onto postgraduate economics.

Great book and easy to understand!, 16 Nov 2003
Whether or not you are an undergraduate at the LSE taking the introductory course on Econometrics, this book will be of interest to you if you'd like an introduction to Econometrics. This book takes you from a very basic understanding of statistics right through to how to deal with non-stationary time series. In between it covers topics such as simple and multiple regression, problems with multicollinearity and misspecifications (e.g. omitted variable bias), heteroscedasticity, proxy variables and instrumental variables, simultaenous equation bias and time series. The book also gives you a basic understanding of how to use logit and probit analysis when fitting binary choice models.
Dougherty has succeeded to make this book easy to understand for any undergraduate seeking knowledge in this topic. I find the detailed worked examples especially helpful for when it comes to solving practical problems for which the book mainly considers the use of Stata and Eview. The book also has a lot of excercises that help enhance the student's understanding of the topics. Additionally, Dougherty has compiled a course guide that among other things also goes through some of the exercises in the book. The course guide can be found on his webpage at the LSE in addition to all slide shows corresponding to the chapters of the book. Together with these additional course materials, the book makes the topics very easy to understand and cope with for students and should help them do well in their courses on Econometrics. This is really one of a kind and an extremely useful basis for further studies in Econometrics!!

A must have, 18 Jan 2003
Greene's text is currently the quintessential econometrics "how-to" manual on the market. Most 1st year PhD students will at some point have to work their way through Greene. He feature a wide range of techniques and methods. But as with most econometrics texts, there doesn't seem to be any overarching organization. Just several chapters featuring several different aspects of econometrics. The book by itself can be a little daunting, but is accessible to most students. Reading it in conjunction with Kennedy's Econometric text will provide an excellent introduction to the material

A nice inroduction to econometrics!, 20 Nov 2002
This book could be very useful for students who don't have strong econometric knowledges but are interested in a complete (but superficial) overview of the main topics in econometrics. The simple and clear language used by the author and the number of example suggested represent the most important advanteges of this book. I wouldn't suggest this book to postgraduate students who are already familiar with classical linear model and estimatin's problems.

Good but not particularly concise, 02 Oct 2002
This book is quite good for beginners in econometrics. It contains all the necessary beginner material, and more besides. However, it falls down on the fact that it fails to give precise explanations. It will explain something, then restate it, then restate it a different way and then another completely different way for good measure - this can be extremely confusing for novices.

An excellent introductory econometrics textbook, 25 May 2002
This textbook comes with many "real" examples which allow readers to learn and realize the applications of econometric techniques. It also gives an introduction to panel data and time series methods which are very common in empirical works, but not covered by many introductory textbooks.

Excellent introduction to econometrics. Highly recommended, 02 May 2002
I used this book as a starting point for my econometrics courses for my MSc. I've never done econometrics and not much statistics before. It contains a surprising amount of detail and though can sometimes be a bit lacking in places (the more advanced topics which you probably wouldnt look for in an intro book like this anyway. so kudos for NOT covering them in detail!) its an excellent text. Highly recommended as a text book for beginners or as a reference to all and sundry.

An excellent practical introduction to Econometrics, 29 Apr 2000
The book clearly explains the theory behind econometrics. Also offers the reader plenty of examples to guide them through econometrics.

Amusing way to learn stats, but don't expect it to be too easy., 28 Jul 2008
I got hold of this book because I was looking for a textbook I could recommend to colleauges who needed to boost their stats knowledge but who were definately not expert statisticians. I thought that the more amusing presentation might hold the interest of non-mathematicians better than most textbooks.

It's aimed at the kind of reader who needs to use statistics but has the attitude to them which one of my colleagues at an Economics department meeting at University once parodied by saying of the title of a stats course, "That'll sound to most students like 'Come and stick your hand in a bowl of piranha fish!'"

Well, this book does cover the material in an entertaining way, and the cartoons are both relevant and amusing.

But don't imagine that this will make statistics easy. It's a reasonably good presentation of the principles of statistical analysis, put together in a humorous way. My colleagues did find it easier to pick up and read. In that sense I would guardedly describe this as a success and I'd give it four stars.

While the book does make it easier to make the effort to apply yourself to the subject, it does not magically eliminate any requirement for that intellectual effort and never could have.

In fact, if you are looking for an applied statistics or Econometrics textbook which expresses the equations and what you need to do clearly and in relatively simple language, I have read one or two - Yeomans "Studies in Applied Statistics" or Maddala's "Econometrics" spring to mind - which are easier to follow.

My main minor irritation with this book is that it is printed in a font which looks like handwriting, presumably to match the cartoons, and I find this slightly harder to read than standard typescript.

Nevertheless, it's entertaining, the stats is sound, and if you want to a stats textbook for someone who would have difficulty making themselves even pick up the average maths book, never mind read it, this may be what you're looking for.

The Cartoon Guide to Statistics, 25 Feb 2003
While The Cartoon Guide to Statistics looked very promising to begin with, it soon became quite confusing. Ultimately and unfortunately, The Cartoon Guide to Statistics was of no real use, at least not for a beginer. In particular, the priciples were not explaind in enough detail. The authors tends to jump from one point to the next without adequate explaination. Although it is a cartoon guide, the cartoons often have little to do with the statistics and were only used for humerous effect. Speaking of humour, the book is amusing, but after a while, not being able to understand the statistics is too frustrating to enjoy the humour. All in all, this book is not really for the beginer.

The Cartoon Guide to Statistics, 25 Feb 2003
While The Cartoon Guide to Statistics looked very promising to begin with, it soon became quite confusing. Ultimately and unfortunately, The Cartoon Guide to Statistics was of no real use, at least not for a beginer. In particular, the priciples were not explaind in enough detail. The authors tends to jump from one point to the next without adequate explaination. Although it is a cartoon guide, the cartoons often have little to do with the statistics and were only used for humerous effect. Speaking of humour, the book is amusing,