Gujarati: Basic Econometrics 2004 

Book Description
Gujarati's Basic Econometrics provides an elementary but comprehensive introduction to econometrics without resorting to matrix algebra, calculus, or statistics beyond the elementary level. Because of the way the book is organized, it may be used at a variety of levels of rigor. For example, if matrix algebra is used, theoretical exercises may be omitted. A CD of data sets is provided with the text.

Reviews:

I used this book during my first 2 courses of econometrics during the college. Yoo'll know, after reading the first chapters, everything about the basic tool in the field, ols (this could be seen as a problem, because you spend too much time studying too many details; an economist doesn't necessarily need such knowledge and an amateur econometrist should rather begin with a more concise manual). It's an "easy-to-read" book. Every standard student (like myself) should be able to understand everything even if he is going on his own. The problem with this book is that Gujarati wrote it 15 years ago (aprox.); the way of teaching econometrics has evolved, Gujarati's not. It's true; the recent re-editions of the book include several modern topics, such as time series and an introduction to unit roots. But the way regression problems (autocorrelation, heterocedasticity, etcetera) are treated isn't perfectly actualized. A much more modern approach and, as far as I know equally simple, can be found in Johnston and Dinardo's Econometric Methods. Gujarati's is a good idea for those wishing to learn econometrics, but there are better options, such as the one I already mentioned, the Greene and the Hill/Griffiths/Judge's. This book is much better than Maddala's. In conclusion I can say this book is a good option for undergraduate students, but not the best one.

This is the best book available to start learning econometrics at an undergraduate levet without getting into the esoteric and dark side of the mathematical demonstrations. The book will definitely help the reader grasp a pretty good understanding of what econometrics is about and the underlying statistical and economic concepts. I would definitely recommend it for those who are interested in learning econometrics but do not have a strong mathematical background.

I use this book in the first course of econometrics. Indisputably, I couldn't find any basic text that can explain me clearly until I find this one. I recommend student/reader to study this book together with Eviews (econometrics computer application,www.eviews.com). It's a great companion that can help you to understand the book.You can also find the solution book by the author.

http://rapidshare.com/files/24595670/Gujarati__Basic_Econometrics_www.forumakademi.org.pdf