Practical

Paper Code: 
DSTT 602(B)
Credits: 
2
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

This course would enable the students to understand and apply the economic phenomena through statistical tools and economics principles.

 

Students will be able to:

Course

Learning outcomes (at course level

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

DSTT 602 (B)

Practical

CO 74: Construct, test, and analyses and interpretate econometric models,

 

 CO 75: Identify the problems of heteroscedasticity and able to remove this problem.

 

CO 76: Use the least squares method in evaluating the relationship of one and multiple explanatory variable to the dependent variable.

 

CO 77: Remove the problems of econometrics such as heteroscedasticity, auto correlation, multicolinearity.

 

 CO 78: Make use of econometric models in your own academic work

Approach in teaching:

 

Interactive Lectures,

Group Discussion,

Classroom Assignment

Problem Solving Sessions

 

Learning activities for the students:

 

Assignments

Seminar

Presentation

Subject based  Activities

Classroom Quiz

Assignments

Class Test

Individual Presentation

 

 

 

  1. Problems based on price and income elasticity
  2. Problems based on estimation of simple linear model
  3. Problems related to consequences of Multicollinearity
  4. Diagnostics of Multicollinearity
  5. Problems related to consequences Heteroscedasticity
  6. Diagnostics of Heteroscedasticity
  7. Estimation of problems of General linear model under Heteroscedastic distance terms
  8. Problems related to selection of best regression model
  9. Problems related to consequences of autocorrelation
  10. Diagnostics of Autocorrelation
  11. Problem of Identification
  12. One project based on statistical analysis of primary/secondary data collected by students,

 Note: Practical exercises will be conducted on the computer by using MS-Excel.

Academic Year: