The aim of this course is to provide a foundation in applied econometric analysis and develop skills required for empirical research in economics. Since the emphasis is on application of methods, this course requires understanding of econometric software EViews.
About EViews software package Estimation of Simple Linear Regression Model, Presentation and interpretation of regression results.
Estimation of Multiple Linear Regression Model, Presentation and interpretation of regression results, Omitted Variable test, Redundant Variable test, Wald test of Coefficient Restrictions.
Tests of heteroscedasticity, Estimation of White’s Heteroscedasticity-Consistent Standard Errors, Weighted Least Squares Estimation.
The Durbin-Watson test, Breusch-Godfrey test, Estimation of model using Iterative Method, OLS regression with HAC Standard Errors.
Tests for Multicollinearity- Correlation matrix, Computation of VIFs, Coefficient Variance Decomposition.
EViews software is to be used
Bhaumik, S.K., Principles of Econometrics- A Modern Approach using EViews, Oxford University Press, 2015.