Introduction to Econometrics

Definition, Scope and Methodology of Econometrics, Simple Linear Regression Model; OLS Estimates and Their Properties. Functional forms of Regression Models, Growth Rates.

Reading List

·        Gujarati, D.N. (1995). Basic Econometrics. McGraw Hill, New Delhi.

·        Johnston J. (1991). Econometric Methods. McGraw Hall Book Co. London.

·        Kmenta J. (1998). Elements of Econometrics. University of Michigan Press, New York.

·        Koutsoyiannis, A. (1977). Theory of Econometrics. The Macmillan Press Ltd. London.

·        Pindyck R.S. & Rubinfield, D.L. (1976). Econometric Models and Economic Forecasts. McGraw Hill Kogakusha Tokyo.

Multiple Regression Analysis

General Linear regression Model, Maximum Likelihood Estimates and their properties. R² and adjusted R²; Significance Testing of Parameters in Multiple Regression Analysis.

Reading List

·        Amemiya, T. (1985).Advanced Econometrics. HarvardUniversity Press, Cambridge, Mass.

·        Baltagi, B.H. (1988).Econometrics. Springer, New York.

·        Goldberger, A.S. (1998).Introductory Econometrics. OxfordUniversity Press, New York.

·        Gujarati, D.N. (1995).Basic Econometrics. McGraw Hill, New Delhi.

·        Intrilligator, M.D. (1978).Econometric Methods, Techniques and Applications. Prentice Hall Englewood Cliffs, New Jersey.

·        Koutsoyiannis, A. (1977).Theory of Econometrics. The Macmillan Press Ltd. London.

·        Maddala G.S. (Ed.) (1993).Econometric Methods and application. Aldershot U.K.

Econometric Problems–I

Nature, Test, Consequences and remedial steps of problem of Heteroscedasticity, Multicollinearity and Autocorrelation; Generalized Least Square.

Reading List

·        Amemiya, T. (1985). Advanced Econometrics. Harvard University Press, Cambridge, Mass.

·        Baltagi, B.H. (1988). Econometrics. Springer, New York.

·        Goldberger, A.S. (1998). Introductory Econometrics. Oxford University Press, New York.

·        Gujarati, D.N. (1995). Basic Econometrics. McGraw Hill, New Delhi.

·        Johnston J. (1991). Econometric Methods. MCGraw Hall Book Co. London.

·        Kmenta J. (1998). Elements of Econometrics. University of Michigan Press, NewYork.

Econometric Problems–II

Types of Specification Errors, Errors of Measurement.

Simultaneous Equation Models

The Simultaneous Equation bias and Consistency of OLS Estimators; The Identification Problem; Rules of Identification- Order and Rank Conditions.

Reading List

·        Gujarati, D.N. (1995). Basic Econometrics. McGraw Hill, New Delhi.

·        Koutsoyiannis, A. (1977). Theory of Econometrics. The Macmillan Press Ltd. London.