In reviewing the first edition, the ^IJournal of Economic Literature hailed it as a "textbook which emphasizes clarity of exposition and simplification of the mathematical presentation of topics. [It] assumes only college algebra and introductory statistics since 'the greatest attention is given to economic aspects of econometrics.'" The author's extensive revisions of several chapters and sections are aimed at further clarification of important and relevant data.^R

In reviewing the first edition, the ^IJournal of Economic Literature hailed it as a "textbook which emphasizes clarity of exposition and simplification of the mathematical presentation of topics. [It] assumes only college algebra and introductory statistics since 'the greatest attention is given to economic aspects of econometrics.'" The author's extensive revisions of several chapters and sections are aimed at further clarification of important and relevant data.^R