Get updates on Eligibility, Admission, Placements Fees Structure
Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
The Applied Econometrics certification course is a 12-week duration programme. The certification course covers an extensive curriculum that covers instrumental variable (IV) estimation and two-stage least squares, simultaneous equations models, and others. The prerequisite for this course is the students must know inferential statistics and basic econometrics.
This certification course can be pursued by anyone interested in data analysis. The Applied Econometrics certification by NPTEL is supported by banking, analytics, audit firms, and other industries. With the leading experts in the field, the students will gain hands-on training experience in data analysis and can apply it in real-world situations.
Also Read: Online Economics Courses & Certifications
The Highlights
- Video Course
- 12 Weeks Course
- Completion Certification
Programme Offerings
- assignments
- Transcripts
Courses and Certificate Fees
| Fees Informations | Certificate Availability | Certificate Providing Authority |
|---|---|---|
| INR 1000 | yes | IIT Madras (IITM) |
Eligibility Criteria
Academic Qualifications
The students must know Inferential statistics and Basic econometrics to join the Applied Econometrics certification course.
Certification Qualifying Details
Upon the completion of the Applied Econometrics certification course, the students must write the exam and qualify with the required marks to receive the certification.
What you will learn
After completing the Applied Econometrics certification syllabus the students will gain in-depth knowledge of applied econometrics and measure economic relationships using real-life examples. They will also learn to formulate an econometric model to analyse the data and pool cross-sections across time: simple panel data models and advanced panel data models (static).
Upon completion of the Applied Econometrics training, the students will be able to establish any cause-effect relationship in their preferred areas of interest such as economics, finance, management, engineering and science. With the leading industry experts support, the students will gain expertise in econometrics.
Who it is for
The Applied Econometrics online course is designed for students and working professionals to develop their skills and knowledge. This course is also beneficial for:
Admission Details
To enroll for the Applied Econometrics classes, follow these steps:
Step 1: Browse the link mentioned below:
https://nptel.ac.in/courses/110106165
Step 2: Students can "Login In" and Sign In with a Google account or create a separate account.
Step 3: Fill out the registration form with the necessary details, submit it and join the course.
The Syllabus
- Omitted variable bias
- Statistical inference with IV estimator
- IV estimation of the Multiple Regression Model
- Two stage least squares with single and multiple endogenous explanatory variables
- Examples and estimation using the statistical software STATA
- The nature of simultaneous equation models
- Identifying and estimation of a structural equation using reduced form
- Systems with more than two equations
- Examples and estimation using the statistical software STATA
- Pooling Independent Cross Sections across Time
- Policy analysis with pooled cross sections
- Two-period panel data analysis
- Policy analysis
- Examples and estimation using the statistical software STATA
- Fixed effects estimation
- The dummy variable estimation (LSDV)
- Random effects model
- Random effects or fixed effects model?
- Examples and estimation using the statistical software STATA
- Dynamic panel data (DPD) setup
- Correlation lagged dependent variable and the error term (Nickell bias)
- Anderson and Hsiao estimation
- Arellano and Bond estimation
- System Vs Difference GMM estimation
- Examples and estimation using the statistical software STATA
- Distributed Lag models
- Testing for unit roots
- Cointegration and error correction models
- Examples and estimation using the statistical software STATA
- Panel unit root test
- Panel cointegration
- Panel vector error correction model
- Examples and estimation using statistical software STATA
- The linear probability model
- The Probit and Logit model
- Multinomial logit, conditional and mixed logit models
- Ordered-response models
- Estimation of logit and probit using panel data
- Censored and truncated variables
- The Tobit model
- Heckman’s selection model
Evaluation process
The students must score a minimum of 25 percent in assignments and 75 percent in the written exam out of a total of 100. The examination fee is Rs 1000.
Instructors
IIT Madras (IITM) Frequently Asked Questions (FAQ's)
The certification course spans 12 weeks, providing students with an extensive understanding of applied econometrics and its practical applications in real-life scenarios.
The comprehensive curriculum covers various topics such as business fundamentals, development strategies, industry structure and company analysis, market and competitor analysis, and connecting with customers and business and market segments.
The course is designed for anyone interested in data analysis, including students, professionals, and individuals looking to enhance their skills in applied econometrics. It receives industry support from banking, analytics, and audit firms.
Yes, the course website offers students access to transcripts, videos, and assignments to facilitate a deeper understanding of the subject matter.
Candidates must achieve a minimum of 10 out of 25 percent in the assignment and 30 out of 75 percent in the final proctored examination to successfully pass the NPTEL Online Certification.