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Admissions

It is a University which is committed to excellence and overall development of the student and one where talent is nurtured and honed in the best possible manner. Come, be a part of our never-ending journey of accomplishments and accolades.

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Placements

Excellent education not only imparts knowledge, but also paves the way for a promising and successful career. The Placement Cell at The IIS University has numerous success stories to narrate in this regard...

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Life@IIS Univ

Life @ IISU is nothing less than a kaleidoscope of myriad hues; complete with vibrant events and memorable occasions to cherish for a lifetime.

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Academics

Taking the age-old tradition of enlightenment through education forward, The IIS University - in its continuous pursuit of excellence - firmly believes that an institution’s academic profile determines its worth and value. Therefore, on offer are a wide variety of both conventional and contemporary programmes of study.

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Research

To stimulate curiosity and cater to the global needs of a dynamic education, The IIS University - since inception - has been promoting and encouraging research-based experiential learning among all its students.

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About Us

The IIS University, with its perfect amalgamation of innovation, inspiration and synergy, aims to be a model institution for students across disciplines and programmes.

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IIS Univ
  • Admissions

    It is a University which is committed to excellence and overall development of the student...

  • Placements

    Excellent education not only imparts knowledge, but also paves the way for...

  • Life@IIS Univ

    Life @ IISU is nothing less than a kaleidoscope of myriad hues; complete with...

  • Academics

    Taking the age-old tradition of enlightenment through education forward,...

  • Research

    To stimulate curiosity and cater to the global needs of a dynamic education,...

  • About Us

    The IIS University, with its perfect amalgamation of innovation, inspiration...

IIS (Deemed to be University)

Gurukul Marg, SFS, Mansarovar, Jaipur 302020, (Raj.) India

Phone:- +91-141-2400160-61, 2397906-07,

Fax: 2395494,2781158, Toll Free No.: 1800 180 7750

ECONOMETRICS I | Economics

ECONOMETRICS I

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Paper Code: 
ECO 324 (A)
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

To quantify relationships between economic variables by means of statistical techniques.

12.00
Unit I: 
Introduction

Nature, meaning definition and scope of econometrics, regression model, reasons for inclusion of error term, assumptions of error term, principle of least square, Guass- Markov Theorem.

12.00
Unit II: 
Regression Analysis

Multiple regression model, Estimation, Interpretation and testing of the coefficients, Estimation of elasticities, Relation between simple and multiple regression coefficients, Concepts of partial coefficients, coefficient of determination and adjusted coefficient of determination.

12.00
Unit III: 
Problems in Regression Analysis – I

Relaxing the assumptions of classical model, the problem of auto correlation, consequences of auto-correlation, Durbin Waston test, Remedial measures of auto-correlation, Multicolinearity- Consequences and remedial measures.

12.00
Unit IV: 
Problems in Regression Analysis – II

Nature, Test, Consequences and remedial steps for the problems of hetroscedasticity and errors in variables.

12.00
Unit V: 
Regression with Qualitative Independent Variables

Regression models with dummy variables, uses of dummy variable, stability of regression model, logit model – concept and estimation.

Essential Readings: 

1. Johnston.J.(1991) Econometric Methods. McGraw Hill Book Co.London

2. Gupta, D.B. Consumption Pattern in India, TMGH.

3. Mahender Reddy, J.Applied Econometrics (Mimeo).

4. ICSSR (1977); Survey of Research in Economics, Vol. 7.

5. Krishna, K.L. (1999): Economic Application in India, OUP, Delhi.

6. Gujarati, D. (1999): Essentials of Econometrics, Second Edition, McGraw Hill.

7. Gujarati, D. (2002): Basic Econometrics, Third Edition, McGraw Hill.

8. Koutsoyiannis, A.(1977): Theory of Econometrics, 2nd Edition, McMillan, London.

9. Maddala, G.S.(2002): Introduction to Econometrics, McMillan, London.

Academic Session: 
2015-16
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