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Entrance Exam
 
 
  M.A. Programme |  Doctoral Programme
   
  Syllabus M.A. Credit Course Core Courses
 

Basic Econometrics

  1. Semester: I
  2. Number of Credits: 4

Module 1: Basics of Statistical Inference 
Data Issues: time series, cross section and panel data
Ideas of Probability and distribution functions - Mathematical expectation, Law of large numbers (without proof) - Central limit Theorem (without proof)
Properties of estimators: point versus interval estimation – Hypothesis Testing

Module 2: The Regression Model
The classical linear regression model: theory of least squares - Gauss Markov theorem -  Statistical properties of the least square estimator in finite samples – Inference and prediction - dummy variables - distributed lags – restricted least squares

Module 3: Violation of the Classical Assumptions 
Problem of Heteroscedasticity and Autocorrelation - Remedial Measures – Multicollinearity and specification issues

Module 4: Time Series Modeling
ARIMA Modelling: Box-Jenkins approach (identification, estimation and diagnostic testing)
Unit Roots and Cointegration: Data Generating Processes, Dickey-Fuller and Phillips-Perron approaches to unit root tests

Essential Texts
1.

William Enders: Applied Econometric Time Series, Wiley, Second Edition, 2003

2.

William E. Griffiths, R. Carter Hill, George G. Judge: Learning and Practicing Econometrics, Wiley, 1993,

  Paperback edition.
3.

Damodar Gujarati: Basic Econometrics, McGraw-Hill, Fourth Edition, 2002

4.

Jan Kmenta: Elements of Econometrics, McMillan Publishing, Second Edition, 1990

 
  Core Courses  |  Electives
 
 
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