This course is designed to give the students an exposure to the basic concepts of econometrics. However, the basic content also attempts to cover parts of time series analysis.The course is structured to be primarily theoretical with an aim to provide an understanding of the mechanism, mathematics and economics behind the tools and techniques used. The concepts will be explained with examples using mostly MS Excel.The course will have the advantage of developing a strong theoretical background which would help the students to better understand applicability of various methods and tools in different economic contexts or scenarios.INTENDED AUDIENCE : MA (economics) & MBAPREREQUISITES : Any graduates with basic mathematical knowledge or mathematics till 12th standard.INDUSTRY SUPPORT : Companies that are into data analytics or market research would value this course.
Overview
Syllabus
Week 1 : Introduction
Week 2 : Overview of Classical Linear Regression Model
Week 3 : Multiple regression analysis and diagnostic tests
Week 4 : Statistical inference and hypothesis testing
Week 5 : Univariate Time Series Modelling
Week 6 : Models with Binary Dependent and Independent Variables
Week 7 : Multivariate Models
Week 8 : Modelling Long Run Relationships
Taught by
Prof. Sujata Kar
