GAUSS for Finance & Economics
GAUSS PROGRAMMING AND ITS
APPLICATIONS TO FINANCE & ECONOMICS
3-Day Professional Development Workshop
East Asia Training & Consultancy Pte Ltd invites you to attend a three-day professional development workshop, with a focus of understanding the economic and financial procedures underlying various models by developing computer programs using the GAUSS software. GAUSS is the well- known Mathematical and Statistical Program developed by Aptech System (USA).
Course Programme
This is a 3-day intensive course on modeling economic and financial variables that use the econometric software GAUSS. The aim of the course is to provide an introduction to the GAUSS package, which is a highly flexible and powerful programming language for statistical computation.
The course begins with a session on the basics of GAUSS programming, followed by sessions on how it can be used to analyse real world problems in economics and finance.
A typical session includes a brief review of the subject matter to be covered, followed by a case study using real world data. Case studies include real life finance and economics applications on Regression models, Maximum likelihood estimation, Autoregressive models, Testing for non stationary models, Simulations, bootstrapping, Cross section and Panel data. Participants will also create and simulate their own datasets. Participants are welcomed to bring your own data-sets.
The workshop will use the latest GAUSS software. Although the workshop emphases the theory underlying the each topic, there is also emphasis given to understanding and interpreting the results of estimated models. The approach is “hands on” with the instructor discussing relevant concepts and then illustrating in GAUSS with participants replicating each step at their own PCs. The workshop will take place in a computer-linked environment.