APPLIED ECONOMETRICS
Course Description The aim of this course is to provide a foundation in applied econometric analysis and develop skills required for empirical research in economics. Topics include specification and selection of regression models, dynamic econometric models, advanced methods in regression analysis and panel data models. Since the emphasis is on application of methods, this course requires understanding of econometric software and computing skills. Course Outline 1. Stages in Empirical Econometric Research 2. Regression Diagnostics and Specification Misspecification; functional forms; model selection. 3. Advanced Topics in Regression Analysis Selected Topics: Dynamic Econometric Models: distributed lag models; autoregressive models; instrumental variable estimation; simultaneous equation models. 4. Panel Data Models Methods of estimation; fixed effects model; random effects model. 5. Introduction to Econometric Software Package GRETL; E-VIEWS; STATA (any one) THIS SECTION COMPRISES STUD...