Applied Econometrics Using EViews-II

Paper Code: 
24GECO405
Credits: 
02
Periods/week: 
04
Max. Marks: 
100.00
Objective: 

The course will enable the students to

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

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

 

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

Title

24GECO 405

Applied Econometrics Using EViews-II

(Practical)

 

CO247. Test the presence of multicollinearity with the help of different tests and interpret the results CO248. Test the presence of heteroscedasticity with the help of different tests and interpret the results CO249. Analyze the detection of serial correlation with the help of different        tests and interpret the results.

CO250. Estimate different functions for detecting specification error and interpret the results.

CO251. Apply dummy variables in regression, estimate ANOVA and ANCOVA models and test various hypotheses and interpret results.

CO252.Contribute effectively in course-specific interaction

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

 

Learning activities for the students:


Self-learning assignments, Practical questions

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: 

SUGGESTED TEXT BOOKS

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

 

REFERENCES: 

SUGGESTED REFERENCE BOOKS

1.    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 Year: 
2024-25
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