Applied Econometrics through EViews-II

Paper Code: 
24CECO 613
Credits: 
2
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

1.     To acquaint the students with the use of software EViews to detect the violation of assumptions of the regression model.

To describe the use of EViews for estimating models with dummy independent variables

Course Outcomes: 

Course

Code

Course Title

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies 
   

24CECO 613

Applied Econometrics Using EViews-II

(Practical)

Students will:

CO97: test the presence of multicollinearity and heteroscedasticity with the help of different tests

CO98: analyze the detection of serial correlation with the help of different tests and estimate different functions for detecting specification error

CO99:test various hypotheses using regression in ANOVA and ANCOVA models.

CO100:create a file related to different types of analysis using E Views.

CO101: defend orally the findings of the analysis using E Views

CO102: contribute effectively in course-specific interaction.

Approach in teaching: Interactive Lectures, Discussion, Case studies.

 

Learning activities for the students:

Presentations, Assignments and Group discussions.

Class activity, Assignments and Semester end examinations.

 

12.00
Unit I: 
Multicollinearity

Detection of the problem of multicollinearity-coefficient of determination, t-ratio, pair-wise correlation and VIF

 

12.00
Unit II: 
Heteroscedasticity

Detection of the problem of heteroscedasticity- Graphical method and B-P-G test

 

 

12.00
Unit III: 
Serial correlation

Detection of the problem of serial Correlation-Graphical method, D-W test and B.G. LM serial correlation test

 

12.00
Unit IV: 
Specification error

Omitted variable and redundant variable tests, Ramsey RESET

 

12.00
Unit V: 
Qualitative (dummy) independent variables

Illustration of the uses of dummy variables

 

Essential Readings: 

Bhaumik, S. K. ,Principles of Econometrics: A Modern Approach Using EVIEWS. Oxford University Press, 1st Edition, 2015

 

References: 

Suggested Readings: 

Asteriou, D. and Hall, S. G. Applied Econometrics: A modern Approach Using EVIEWS and MICROFIT. Palgrave Macmillan, 1st Edition, 2007

E- Resources:

1. Econometrics Academy--------sites.google.com/site/econometricsacademy

2. MIT Open Courseware---------ocw.mit.edu

3. Econometrics: Methods and Applications-Coursera-------coursera.org

4. Crunch Econometrics----------cruncheconometrix.com

5. Explaining the Core Theories of Econometrics------udemy.com

Journals:

1. The Journal of Econometrics

    Academic.oup.com/ectj

2. Journal of Applied Econometrics

    Onlinelibrary.wiley.com/journal/18735924

 

Academic Session: 
2024-25
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