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◄Faculty of Business and Economics►

AA037005 APPLIED ECONOMETRICS
4 Credits

Course Learning At the end of the course, students are able to:
Outcomes
(1) Estimate regression analysis for quantifying economic
relationships;
(2) Specify models in a manner suitable for econometric
testing;
(3) Appraise the adequacy of regression models
estimated using econometric software.
(4) Propose valid conclusions from the results of
estimation and hypothesis-testing.

Synopsis of Course The course is designed to equip students with econometric
Contents tools of analysis for research work. Computer software is
used for the purposes of estimation, prediction, and basic
modeling. Single-equation models in the classical context
are given emphasis. Diagnostic tests and problems of
estimation (multicollinearity, autocorrelation,
heteroscedasticity, model specification errors) are
discussed. Extensions to single-equation models covered
include qualitative choice models, dummy variable
regression models, and autoregressive and distributed lag
models. Introduction to simultaneous-equation models is
given.

Assessment Weightage Continuous Assessment: 60%
Final Examination: 40%

Medium of Instruction English

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