Applied Econometrics using EViews-II

Paper Code: 
ECO 424(A - P)
Credits: 
2
Contact Hours: 
60.00
Objective: 

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.

12.00
Unit I: 
Dummy Variables

Illustration of the use of dummy variables, Chow test, Estimation of Logit and Probit Models, computation of Marginal Effects.

12.00
Unit II: 
Distributed Lag Models

Estimation of the Koyck Model and its interpretation, Estimation of Partial Adjustment Model and its interpretation.

12.00
Unit III: 
Panel Data Regression Models

Organising data, obtaining series for fixed/random effects, Fixed Effects testing, estimating Random Effects Model, choosing between FEM and REM, interpretation of results.

12.00
Unit IV: 
Time Series Econometrics

Stationarity tests, estimation of Cointegrating Regression and the ECM, ARIMA (BJ) Forecasting, evaluation of forecasts, Estimation of VAR model, testing Granger Causality in VAR model, forecasting with VAR model, testing of ARCH effect, graphical presentation of volatility clustering, estimation of ARCH Model and GARCH model.

12.00
Unit V: 
Simultaneous Equations System

Application of Indirect Least Squares, Application of Two-Stage Least Squares and interpretation.

 

 

 

 

 

 

 

EViews software is to be used

Essential Readings: 

Bhaumik, S.K., Principles of Econometrics- A Modern Approach using EViews, Oxford University Press, 2015.

Academic Session: 
2018-19
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