Title: Good Introductory Stuff
Product review: This a good book for all those who want to understand the relationship between econometrics and economics. Without really getting into the technical description of econometrics, Granger very stylishly describes its use in economic analysis. Through wide ranging examples such as deforectration etc, Granger shows the reader how empirical modelling is achieved. This is tough thing to do as a equation is worth a thousand words, so the author sometimes strugles to keep the pace. But in the end you will definately learn something new about modelling than you have started with. And the price is worth it for you to do so. This book is good for students beginging to understand modelling. In case you are looking at serious time series forecasting and stuff you wont find it here. There are number of books for those topics, but for a non-technical understanding of empirical modelling there are just a few. And this one if one of them, and its good!
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