Applied Econometrics EViews
Applied Econometrics using EViews
East Asia Training & Consultancy Pte Ltd invites you to attend a three day workshop on Applied Econometrics
using the latest EViews, the well-known econometrics software package developed by Quantitative Micro Software (USA).
“EViews provides sophisticated data analysis, regression, and forecasting tools on Windows-based computers. With EViews you can quickly develop a statistical relation from your data and then use the relation to forecast future values of the data. Areas where EViews can be useful include: scientific data analysis and evaluation, financial analysis, macroeconomic forecasting, simulation, sales forecasting, and cost analysis.” (EViews User’s Guide, p.5)
The objective of the course is learning to model and estimate various economic causal models for time-series data in a consistent way. Hendry’s general-to-specific modelling (GTS) approach will be used in obtaining correct and parsimonious models of various economic phenomenons, like consumption, investment, etc. In the course, the emphasis will be on the econometric practice. Only that theory will be discussed that is necessary to understand the empirical work. All procedures will be exercised with real macroeconomic data by using EViews as software package. The data concern time-series data of various countries, also including recent volatile periods because of economic crises, which need special attention in obtaining a correct model specification.