The new edition of this successful econometrics textbook retains an example-led, learning-by-doing approach without complex theoretical discussions or complicated mathematics. It now offers fresh new examples, student exercises, as well as two brand new chapters: Quantile Regression Modeling and Multivariate Regression Models.

PART I: BASICS OF LINEAR REGRESSION 1. The Linear Regression Model 2. Functional Forms of Regression Models 3. Qualitative Explanatory Variables Regression Models PART II: REGRESSION DIAGNOSTICS 4. Regression Diagnostic I: Multicollinearity 5. Regression Diagnostic II: Heteroscedasticity 6. Regression Diagnostic III: Autocorrelation 7. Regression Diagnostic IV: Model Specification Errors PART III: REGRESSION MODELS WITH CROSS SECTIONAL DATA 8. Stochastic Regressors and the Method of Instrumental Variables 9. The Logit and Probit Models 10. Multinomial Regression Models 11. Ordinal Regression Models 12. Limited Dependent Variable Regression Models PART IV: TIME SERIES ECONOMETRICS 13. Modeling Count Data 14. Stationary and Nonstationary Time Series 15. Conintegration and Error Correction Models 16. Asset Price Volatility: the ARCH and GARCH Models PART V: SELECTED TOPICS IN ECONOMETRICS 17. Economic Forecasting 18. Panel Data Regression Models 19. Stochastic Regressors and the Method of Instrumental Variables 20. Quantile Regression Modeling 21. Multivariate Regression Models.

"This innovative textbook continues to be an invaluable resource for all students of econometrics." - Frank J. Fabozzi, EDHEC Business School, France "Gujarati makes state-of-the-art econometric procedures accessible to readers with limited technical backgrounds. As usual, the writing is crisp and clear, making it a pleasure to read." - Michael Grossman, City University of New York Graduate Center, USA "Gujarati's wonderful text provides a no-clutter way of learning intermediate econometrics with solid real-world examples." - Jin Suk Park, University of Durham, UK "The clear writing, numerous examples and figures, clear summaries, and useful exercises make Econometrics by Example the ideal text for learning econometrics. Moreover, it is also the perfect reference for students who wish to apply econometrics in other courses and in their professional lives." - Michael J. Meese, US Military Academy, West Point, USA "This comprehensive book covers the basic and the most important advanced statistical techniques that economists and social scientists need to conduct empirical research. The techniques are discussed in a sequence that demonstrates their connections, their strengths and weaknesses, as well as their applicability and appropriateness for different types of data. The discussions are accessible and clear." - Paul Solano, University of Delaware, USA "Dr Gujarati's lucid, simple and extraordinary style of exposition makes students learn critical concepts quickly. His book is essential for econometrics classes all over the world." - Kishore G. Kulkarni, Distinguished Professor of Economics and Editor, Indian Journal of Economics and Business