Course Overview
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Course Synopsis
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The course aims at enhancing the knowledge and skill related to use of econometrics in business research. It covers problems like regression analysis, regression diagnostics, simultaneous and structural equation systems, and categorical dependent variable models. The course may cover topics in analyzing cross sectional data, time series and panel data. The course focuses on learning the theory of econometrics but may have both the theoretical and practical aspect using software like Microsoft Excel, SPSS and/or ‘Stata’where necessary.
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Course Learning Outcomes
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After studing this course;
- The students may be able to apply econometric techniques to research in business.
- The course shall result in developing good skills in applying econometric modeling to business studies.
- It will lead to enabling the students to be independent researchers, who can analyze, estimate and forecast business outcomes.
- It develops the skills related to analyze a research question, apply an appropriate model, estimate models and forecast results.
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Course Calendar
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Week 01
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1
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Introduction to Econometrics
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2
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Review of Basic concepts: Mathematical Tools
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3
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Review of Basic concepts: Calculus
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Week 02
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4
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Review of Basic Concepts: Calculus (To be continued)
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5
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Review of Basic Concepts: Probability
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6
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The Simple Regression Model - I
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Week 03
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7
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The Simple Regression Model - II
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8
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The Simple Regression Model - III
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9
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Multiple Regression Model - I
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Week 04
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10
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Multiple Regression Model - II
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11
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More functional forms in Regression
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12
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Regression on standardized variables and results interpretation:
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Week 05
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13
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Multiple Regression Model - III
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14
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Further Issues in Regression
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Week 06
Week 07
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19
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Heteroskedasticity-III
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Week 08
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23
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Transformation of non-linear models
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24
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Using Software for Econometrics-I
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Week 09
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25
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Using Software for Econometrics-II
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26
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Using Software for Econometrics-III
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27
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Using Software for Econometrics-IV
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Week 10
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28
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Using Software for Econometrics-V
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29
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Regression Using STATA
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30
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Simultaneous Equation Models-IA
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Week 11
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31
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Simultaneous Equation Models-IB
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32
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Simultaneous Equation Models-IC
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33
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Simultaneous Equation Models-IIA
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Week 12
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34
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Simultaneous Equation Models-IIB
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35
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Simultaneous Equation Models-IIC
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Week 13
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38
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Panel Data Methods-III
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39
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Limited Dependent Variable Models-I
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Week 14
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40
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Limited Dependent Variable Models-II
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Week 15
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43
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Time Series Econometrics-I
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44
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Time Series Econometrics-II
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45
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Time Series Econometrics-III
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