Time–Series Econometrics for the Practitioner
Time–Series Econometrics for the Practitioner (Virtual)
07 Nov 2022
R 11000.00

Brief Description
A basic introduction to the concepts of regression (ordinary least squares estimation) and statistical inference, violations of the classical linear regression model and the consequences of these violations, practical ways of detecting (diagnostic testing) and solving these problems are included in this course. The aim is to reconcile economic theory with practice, thereby empowering delegates with analytical skills and a hands-on approach to decision-making processes.The Time Series Econometrics for the Practitioner short course takes place in a computer lab on the main campus of the University of Pretoria. Delegates use EViews version 10 for practical applications.
Learning Outcomes
After successful completion of this programme, you will be able to apply regression analysis use dummy variables deal with structural breaks deal with violations of the basic assumptions of regression analysis apply techniques of residual-based (Engle-Granger) co-integration and error correction modelling, and construct a model object and perform model simulation, forecasting and scenario testing.
Course Content
The course covers the following topics: Principles and methodology of econometric analysis Introductory statistics Basics of regression analysis Single equation estimation Violations of the classical assumptions Regressions with intercept and slope dummy variables Detecting structural breaks using multiple breakpoint tests Non-stationarity and unit root testing Residual-based (Engle-Granger) cointegration Error correction models Simulation (forecasting and policy analysis)
Entry Requirements
Prospective delegates should at least have a National Senior Certificate (Grade 12), with exposure to empirical economic analysis. Statistics at the second-year level is advised.
Course Number:
Catalogue and Category:
Financial Management and Taxation
Who Should attend:
Experience as a researcher or analyst in any of the following fields of economic application is required: financial markets, socio- economics and health, development economics, publicfinance and tax policy, or international trade and finance.
Delivery Mode:
Contact Sessions
Contact Days: