Recently, I received an email from Florian Heiss, Professor and Chair of Statistics and Econometrics at the Henrich Heine University of Dusseldorf.
He wrote:
Florian has used the CreateSpace publishing platform to produce an extremely professional product.
© 2016, David E. Giles
He wrote:
"I'd like to introduce you to a new book I just published that might be of interest to you: Using R for Introductory Econometrics.The goal: An introduction to R that makes it as easy as possible for undergrad students to link theory to practice without any hurdles regarding material, notation, or terminology. The approach: Take a popular econometrics textbook (Jeff Wooldridge's Introductory Econometrics) and make the whole thing as consistent as possible.I introduce R and show how to implement all methods Wooldridge mentions mostly using his examples. I also add some Monte Carlo simulation and present tools like R Markdown.The book is self-published, so I can offer the whole text for free online reading and a hard copy is really cheap as well."
The link for the online version of Florian's book is http://www.urfie.net/.
What you`ll find there are two versions of his 365-page book (Flash and HTML5) that you can read online; and all of the related R files for easy download.
Using R for Introductory Econometrics is a fabulous modern resource. I know I'm going to be using it with my students, and I recommend it to anyone who wants to learn about econometrics and R at the same time.
If you're after a hard copy of the book you can purchase it for the bargain price of US$26.90 directly from CreateSpace, or from Amazon.
As an econometrician, what is your opinion on R versus other programs such as Stata or Eviews. I do understand they are different, but I am wondering what was so nice about using so many programs if, say, only one of them could do it all?
ReplyDeleteAnother point: we now have a free top quality product --R-- and a few very good sources on econometrics that also are free. It gets me wondering what a textbook or software piece must offer for it to be worth something on the market. What makes, say, SnW introduction to econometrics textbook a good buy at a really high price when you can have lecture notes and so many other textbooks online for free?