EconForeThought Posted March 16, 2010 Share Posted March 16, 2010 (edited) Editing this post to make it more accessible. This will now serve as a reference for books: Micro Theory Varian: "Microeconomic Analysis" (Thanks Walt526) M-W-D: "Microeconomic Theory" Kreps: "A Course in Microeconomic Theory" J-R: "Advanced Microeconomic Theory" (Thanks ZurichEcon) Macro Theory Blanchard: "Macroeconomics" (Thanks Casual Effect) Econometrics General Greene: "Econometric Analysis" Kennedy: "A Guide to Econometrics" (Thanks Walt526) Amemiya: "Advanced Econometrics" Time Series Hamilton: "Time Series Analysis" (Thanks MoustaBill) Micro C-T: "Microeconometrics: Methods and Apps" (Thanks Casual Effect) Arellano: "Panel Data Econometrics" (Thanks Casual Effect) Want to add prices etc. when I have free time. Edited March 16, 2010 by EconForeThought Quote Link to comment Share on other sites More sharing options...
walt526 Posted March 16, 2010 Share Posted March 16, 2010 Micro: Varian, "Microeconomic Analysis" Macro: King James, "The Bible" Metrics: Kennedy, "A Guide to Econometrics" Seriously, Macro depends on how/where it is being taught. There is no single volume that is adequate for all approaches. Quote Link to comment Share on other sites More sharing options...
EconForeThought Posted March 16, 2010 Author Share Posted March 16, 2010 Micro: Varian, "Microeconomic Analysis" Macro: King James, "The Bible" Metrics: Kennedy, "A Guide to Econometrics" Seriously, Macro depends on how/where it is being taught. There is no single volume that is adequate for all approaches. I LOLed. Thanks (again) Walt. Quote Link to comment Share on other sites More sharing options...
ilikefreefood Posted March 16, 2010 Share Posted March 16, 2010 So you're telling me that if I eat shellfish, the unemployment rate will go up? Quote Link to comment Share on other sites More sharing options...
walt526 Posted March 16, 2010 Share Posted March 16, 2010 So you're telling me that if I eat shellfish, the unemployment rate will go up? Sure, why not? Quote Link to comment Share on other sites More sharing options...
corolla09 Posted March 16, 2010 Share Posted March 16, 2010 Micro: Varian > Mas-Collel for actually understanding Micro., But MWG has everything. Macro: depends maybe Romer Metrics: Green Quote Link to comment Share on other sites More sharing options...
EconForeThought Posted March 16, 2010 Author Share Posted March 16, 2010 Micro: Varian, "Microeconomic Analysis" Macro: King James, "The Bible" Metrics: Kennedy, "A Guide to Econometrics" Seriously, Macro depends on how/where it is being taught. There is no single volume that is adequate for all approaches. So I asked for one book. Looking at Amazon reviews, looks like they expect these volumes to be followed up with others. So would you say it is fair that for them to be followed up with: Micro: Varian, "Microeconomic Analysis" -->Amazon.com: Microeconomic Theory (9780195073409): Andreu Mas-Colell, Michael D. Whinston, Jerry R. Green: Books, Amazon.com: A Course in Microeconomic Theory (9780691042640): David M. Kreps: Books Metrics: Kennedy, "A Guide to Econometrics" -->Amazon.com: Advanced Econometrics (9780674005600): Takeshi Amemiya: Books, Amazon.com: Econometric Analysis (9780135132456): William H. Greene: Books This is good info for me because I am looking for soft intros into the advanced topics before reading those full books (the followup) in my coursework. Quote Link to comment Share on other sites More sharing options...
MoustaBill Posted March 16, 2010 Share Posted March 16, 2010 Hamilton for time-series. Quote Link to comment Share on other sites More sharing options...
EconForeThought Posted March 16, 2010 Author Share Posted March 16, 2010 Is there a compilation of this in an old thread? Should I start one in the OP? Too bad TM doesn't have a thread "wiki" Quote Link to comment Share on other sites More sharing options...
Guest Casual Effect Posted March 16, 2010 Share Posted March 16, 2010 Micro --> MGW Macro-- > My vote is going to Blanchard Econometrics --> Time Series --> Time Series Analysis, Hamilton Microeconometrics --> Cameron & Trivedi General --> Green Introductory --> Amemiya Quote Link to comment Share on other sites More sharing options...
SlowLearner38 Posted March 16, 2010 Share Posted March 16, 2010 Microeconometrics --> Cameron & Trivedi I love this book. Quote Link to comment Share on other sites More sharing options...
walt526 Posted March 16, 2010 Share Posted March 16, 2010 I think that both Varian and Kennedy are a little more than "soft intros." MWG and Greene are more comprehensive in the technical details (and pretty much everyone works through most of them many times), so maybe that does make them better references. On the other hand, explaining a wide range of concepts poorly is not always preferable to explaining a narrower range of them well--even as a reference. Both pairs of books should be on your shelf. But if I had to choose one, then I'd opt for Varian and Kennedy. Quote Link to comment Share on other sites More sharing options...
Harry Lime Posted March 16, 2010 Share Posted March 16, 2010 When you say "reference" do you mean a book to gather dust on your shelf that you'll pull out once a year to look up some theorem? Quote Link to comment Share on other sites More sharing options...
EconForeThought Posted March 16, 2010 Author Share Posted March 16, 2010 I think that both Varian and Kennedy are a little more than "soft intros." MWG and Greene are more comprehensive in the technical details (and pretty much everyone works through most of them many times), so maybe that does make them better references. On the other hand, explaining a wide range of concepts poorly is not always preferable to explaining a narrower range of them well--even as a reference. Both pairs of books should be on your shelf. But if I had to choose one, then I'd opt for Varian and Kennedy. Apologies; I was just quoting one of the amazon reviewers. Quote Link to comment Share on other sites More sharing options...
Guest Casual Effect Posted March 16, 2010 Share Posted March 16, 2010 I love this book. If you are interested in microeconometrics : "M. Arellano, Panel Data Econometrics" and"J. Wooldridge, Econometric Analysis of Cross Section and Panel Data" Quote Link to comment Share on other sites More sharing options...
dreck Posted March 16, 2010 Share Posted March 16, 2010 I only have experience with Micro and Metrics, but I'd say you're on the right track. If you've already taken some undergraduate Econometrics and probability theory, I'd say go right to William Greene's book. He's very thorough, but not incomprehensible to the first-year student (the last few chapters are a bit of a reach for the first class...). Just my opinion, I don't know the Kennedy book. Hal Varian's Analysis is a great book, and it's widely used enough that I think you can find some solutions to the exercises online. Quote Link to comment Share on other sites More sharing options...
SlowLearner38 Posted March 16, 2010 Share Posted March 16, 2010 If you are interested in microeconometrics : "M. Arellano, Panel Data Econometrics" and"J. Wooldridge, Econometric Analysis of Cross Section and Panel Data" I will look into Arellano's -- thanks! (I already own the latter) Quote Link to comment Share on other sites More sharing options...
walt526 Posted March 16, 2010 Share Posted March 16, 2010 Apologies; I was just quoting one of the amazon reviewers. No need to apologize. I agree that it's less rigorous and even less comprehensive... but I think that it sells the book short to describe it as "soft." :) Quote Link to comment Share on other sites More sharing options...
zurich_econ Posted March 16, 2010 Share Posted March 16, 2010 Micro --> Jehle/Reny "Advanced Microeconomic Theory" if you plan on reading the book from cover to cover. It's incredibly well and carefully written! For reference purposes, however, MWG may be better. Quote Link to comment Share on other sites More sharing options...
AREStudentHopeful Posted March 16, 2010 Share Posted March 16, 2010 I would go with Greene over Kennedy. Kennedy just seems to be a little general to me with not enough explanation for a reference. Quote Link to comment Share on other sites More sharing options...
Harry Lime Posted March 16, 2010 Share Posted March 16, 2010 Micro --> Jehle/Reny "Advanced Microeconomic Theory" if you plan on reading the book from cover to cover. It's incredibly well and carefully written! +1 for Jehle & Reny. Quote Link to comment Share on other sites More sharing options...
treblekicker Posted March 16, 2010 Share Posted March 16, 2010 macro: stokey, lucas, and prescott sargent and ljungqvist krueger (lecture notes) acemoglu slp is considered to be almost obligatory for anyone works with dynamics Quote Link to comment Share on other sites More sharing options...
untitled Posted March 16, 2010 Share Posted March 16, 2010 Hey all, econphd.econwiki.com has a list of common graduate textbooks from Christian, as well. I'll add these suggestions, they're great!. Quote Link to comment Share on other sites More sharing options...
EconForeThought Posted March 16, 2010 Author Share Posted March 16, 2010 Hey all, econphd.econwiki.com has a list of common graduate textbooks from Christian, as well. I'll add these suggestions, they're great!. I knew I was reinventing the wheel haha. Quote Link to comment Share on other sites More sharing options...
Guest Casual Effect Posted March 16, 2010 Share Posted March 16, 2010 macro: stokey, lucas, and prescott sargent and ljungqvist krueger (lecture notes) acemoglu slp is considered to be almost obligatory for anyone works with dynamics The book of Acemoglu is specialized in Growth and Development, right ?? Quote Link to comment Share on other sites More sharing options...
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