Documente Academic
Documente Profesional
Documente Cultură
ECONOMETRICS MODELLING
What is a Model? Why do we have Models?
Types of Econometric Models (Linear, Simultaneous, Non-linear)
Approaches to Econometric Model (General, Specific)
Types of Data (Qualitative and Quantitative, Discretive and Continuous, Time-series,
Cross-sectional and Panel)
Sources of Data ( Primary and Secondary)
DUMMY VARIABLE
Why Dummy?
Dummy Effects
Interaction & Seasonal Specification
Estimation and Interpretation, etc.
VIOLATION OF OLS ASSUMPTIONS (1)
Multicollinearity
Nature of Multicollinearity
Consequences of Multicollinearity
Detection of Multicollinearity
Remedial Measures/Solutions to Multicollinearity
Introduction
Demand and Supply, Offer Curve, Indifference Curve, Terms of Trade
Classical Theory (Absolute and Comparative Advantage)
Static and Dynamic Comparative Advantage Theories
Evaluation of the Classical Theory (Limitations, Merits and Demerits)
Neoclassical Theory of International Trade (Opportunity Cost Approach)
Evaluation of Neoclassical Theory of International Trade
Factor Endowment, Factor Intensity and Factor Abundant Theory
Factor-price Equalization Theorem
Evaluation and Criticism of H-O Theorem
The Stolper-Samuelson Theorem
The Rybczynski Theorem
New Trade Theories
Labour Skill Theory
Technological Gap Model
Linder’s Reciprocal Demand Theory
Trade Gravity Model
Introduction to Entrepreneurship
What is Entrepreneurship?
Changing Demographics of Entrepreneurship
The Importance of Entrepreneurship
Self Assessment and The Entrepreneurial Process
Entrepreneurial Characteristics
Feasibility Analysis
Writing a Successful Business Plan
Industry and Competitor Analysis
1. Linear Programming
2. Optimization Function
3. Production Function
4. Cramer’s Rule and Application to Economic Models
5. Inverse Matrix
6. Input-Output Analysis
7. Exponential Function and Application to Economics
8. Dynamic Analysis (Integral Calculus, Differential Equation and Difference Equation)