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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf Study, Virtual ClassroomVideo and Text Based

Course Overview

The course that has been presented is based on the domain of applied econometrics. The students in the Certificate Course on Computer Applications in Economics Analysis certification course will be using software packages that are primarily used by analysts and economists. 

The programme to keep in pace with the modern demands of education has adopted itself with the modern learning approaches to impart knowledge on applied econometrics.  

The primary focus of the Certificate Course on Computer Applications in Economics Analysis by Gokhale Institute of Politics and Economics is to make students understand the rudimentary concepts and the theoretical aspects that are important in the critical work front. The Certificate Course on Computer Applications in Economics Analysis certification syllabus will be imparted by the means of hands-on session and practical examples will be provided by the faculty to the students.  The programme module will be covering a wide data set solutions to make the process of learning and understanding easy for the applicants.

The Highlights

  • Certificate by Gokhale Institute of Politics and Economics
  • Government recognized certificate

Programme Offerings

  • Online education
  • assignments
  • Hand-on-session

Courses and Certificate Fees

Certificate AvailabilityCertificate Providing Authority
yesGokhale Institute of Politics and Economics, Pune

Eligibility Criteria

Education

The course has been structured for the graduate students and the course needs to have understanding of the econometrics course and also the software packages that are used by the various empirical analysts and economists.

Certification Qualification Details

To receive the Certificate Course on Computer Applications in Economics Analysis certification the applicants need to secure a minimum of 80% in their final exams. The students also need to secure a minimum of 20% in at least three assignments that would be given to them. For the final exam the students will be asked on- practical exercises, short objective type questions, report writing on the basis of the provided data set and result interpretation.

What you will learn

Knowledge of computer application

The students will have their skills developed in the following sector after they complete their Certificate Course on Computer Applications in Economics Analysis training-

  • The applicants will study about the importance of handling real data while working on projects related to industries.
  • He/she will have their skills enhanced in the various methods of analysis and with that their existing knowledge of economics will also increase.
  • The applicants will further be able to understand the basic conditions under which estimators are applicable.
  • Candidates will also be learning about the theoretical methods related to analysing the numerical data.
  • He/she will cover the technical terminology in the Certificate Course on Computer Applications in Economics Analysis certification syllabus.
  • The registered candidates will be encouraged to work on the panel data models and sets for solving the least square problems.
  • Candidates will also apply the knowledge of estimators while solving the problems that pertain to the numerical data sets.
  • He/she will further be working on the empirical results that are used in the domain of economics literature.
  • Certificate Course on Computer Applications in Economics Analysis certification benefits the students by allowing them to work on particles related to economic problems.
  • The students will be using statistical and mathematical tools for solving econometrics problems.

Who it is for

The Certificate Course on Computer Applications in Economics Analysis programme has been designed for the following candidates-

  • The students who want to study in the field of economics can get themselves registered for this programme.
  • Candidates who have completed their graduation and want to study more about the various computer applications related to economics can apply for the course.

Application Details

For getting registered for the Certificate Course on Computer Applications in Economics Analysis program is required the students follow the steps- 

Step 1: Please visit the URL to get the form of the course.

Note- The application process for the said course is not available now. Please visit the site later for details.

The Syllabus

Section 1: Text analysis utilities
  • Data preparation by cleaning special characters and spaces from texts
  • Removal of user-defined words
  • Stemming for related words
  • Discriminant analysis
  • Clustering and use of dictionaries.
Section 2: Model specification
  • Data classification
  • Role of data
  • Exploratory data analysis vs. formal statistical inference
  • Different dimensions of data.
Section 3: Modeling average
  • Working with the real-world dataset (usefulness and shortcomings of modeling mean, the relative efficiency of mean and median, confidence interval and its interpretation, etc.)

Section1
  • Least square principle and concept of resistance
  • Mean-based vs. ordered-based statistics, etc.
Section 2: Data Distribution
  • Outlier detection
  • Validity of normality assumption
  • Data transformation using cross-sectional data.

Section 1: Concepts
  • Basic principles and discussion on the theoretical background
Section 2: Regression with graphics
  • Checking the model assumption
  • Exploratory band regression
  • Checking of high leverage & influential points
  • Transformation of data towards linearity
  • Double-log transformation vs. semi-log transformation, etc.

Section 1
  • Hierarchical sequence of simple regression
  • Added variable plot, etc.
Section 2
  • Working with the different macroeconomic data set
  • Money illusion in the demand function
  • Partial vs. multiple regressions
  • Decomposing the sum of squares
  • Coefficient of determination
  • Partial regression vs. partial coefficients
  • Checking the assumptions of regression model, etc.

Section1
  • Omitted variable bias
  • Testing zero restrictions/non zero linear restrictions, etc.
Section2
  • Parameter stability using macroeconomic database
  • Use of dummy variables, etc.

Section 1
  • Detecting heteroscedasticity
  • Different test statistics, and 
  • Transformation towards homoscedasticity.
Section 2
  • Detecting heteroscedasticity by graphical method using survey data
  • Finding appropriate transformation, working with group data, etc.

Section1
  • Handling different data sets where dependent variable is categorical
Section 2
  • Preparation
  • Distributional and contingency tables
Section 3
  • Test of association
  • Logit and probit modeling
  • Comparing probit with linear probability model

Section 1
  • Stationarity and Non-Stationarity of data
  • Different types of the ordering of data
  • Structural autocorrelation vs. temporal autocorrelation
  • Autoregressive process
  • Multivariate time series, etc.
Section 2
  • Role of moving average in modelling exercise
  • Auto-regressive moving average process
  • Cointegration
  • ARCH-GARCH modelling
  • Inferring causality and reverse causality, etc

Section 1
  • Panel data
  • Complicacy of panel data analysis
  • Short vs. long panel
  • Balanced vs. unbalanced panel
  • Clustering of residual
  • Types of regressor
  • Fixed vs. random effects models
  • Role of instrument variable to control endogeneity.
Section 2
  • Organization of the real-world dataset for 
    • Panel analysis
    • Panel identifier
    • Time identifier
    • Regression analysis
    • Interpretation of result
    • Report writing.

Section 1: Population age-sex structure
  • A tool to understand demographic change and evaluate data quality
  • Concepts and measurements related to demographic change: fertility, mortality, and migration
Section 2
  • Direct and indirect estimation techniques for fertility and mortality data from
  • registration systems
  • Household surveys
  • Censuses

  • Section1: Spatial Autoregressive model
  • Section 2: Spataial Moving Average model
  • Section 3: Spatial Autoregressive Moving Average model
  • Section 4: Spatio-temporal model
  • Section 5: Spatio-temporal panel

Section 1: Market segmentation
  • Identification of homogenous groups of objects (or cases, observations) called clusters - hierarchical methods and partitioning methods
Section 2: Conducting a Cluster Analysis
  • Selection of Clustering Variables
  • Types of clustering variables
  • Factor-cluster segmentation
Section 3: Selection of Clustering Procedure
  • Hierarchical Clustering Methods

Gokhale Institute of Politics and Economics, Pune Frequently Asked Questions (FAQ's)

1: What is the duration of the given programme?

The students are requested to please visit the official site of Certificate Course on Computer Applications in Economics Analysis online course to get more details about the course time table.

2: Who will conduct the sessions?

The sessions of the Certificate Course on Computer Applications in Economics Analysis certification course will be conducted by the faculty of Gokhale Institute of Politics and Economics.

3: Will there be a final exam held for the course?

Yes, to evaluate the students a final examination will be conducted by the faculty of the Gokhale Institute of Politics and Economics.

4: What is the fee structure?

The Certificate Course on Computer Applications in Economics Analysis fee structure has been provided in the course brochure. Please download it from the given link.

5: When will the application resume?

The applicant process for the Certificate Course on Computer Applications in Economics Analysis training will shortly resume. Please visit the website for updates.

6: What is the required percentage one needs to have to get the certificate?

The students are required to have a minimum of 80% in their final examinations to receive their Certificate Course on Computer Applications in Economics Analysis programme certificate.

7: Who is organizing the Certificate Course on Computer Applications in Economics Analysis certification?

The certification course has been organized by Gokhale Institute of Politics and Economics (Deemed to be University).

8: Who will benefit from the programme?

Students who have completed their graduation and want to study the subject of economics will be benefiting from the programme.

9: Where has the curriculum been provided?

The students can access the syllabus of the course from the homepage.

10: Will the course provide study guides to the students?

Yes, the Certificate Course on Computer Applications in Economics Analysis programme will be providing the candidates with study guides.

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