HS 821 : Applied Econometrics

HS 821 : Applied Econometrics

The aim of this one semester course is to give, briefly, an account of the main aspects of econometric procedures generally pursued by research analysts in economics. The course will attempt to enlighten the students for understanding the utility and disutility of various results based on econometric computations. No emphasis will be placed on derivation of formula and proofs.

Simple, partial and multiple correlation analysis - simple and multiple regression.

Normal distribution - small and large sample tests, F test.

Hypothesis testing and prediction using multiple regression analysis - Econometric foundations.

Functional forms and economic Interpretations, Time series, cross sectional and pooled analysis.

Important problems in econometric model building and testing; use of estimated results in overcoming these problems.

Texts/References :

A.S. Goldberger, Topics in Regression Analysis, Macmillan, New York, 1968.

P. Rao, and R.L. Miller, Applied Econometrics, Prentice-Hall of India Ltd. New Delhi, 1972.

L.R. Klein, An Introduction to Econometrics, Prentice-Hall of India Ltd., New Delhi, 1969.

Z. Griliches, and Interiligator, M.D. (Editors), Handbook of Econometrics, Vol.I, North Holland Pub. Co., New York, 1983.