Institute of Business Administration (IBA) Jahangirnagar University MBA Program Course Name Course Instructor : Econometrics : K. M.

Zahidul Islam, PhD Assistant Professor Institute of Business Administration Jahangirnagar University Savar, Dhaka-1342 E-mail: jahid558@yahoo.com : 3.00

Total Credit Hours

Course Description and Policies Econometrics is an application of statistical tools and techniques to economic issues using data. This course introduces basic formal methods which can be used to analyze economic data, test economic theory, evaluate government policy, etc. The main objectives of the course are: 1) to provide you with an understanding of formal econometric/statistical theory and methods, 2) to develop practical skills to conduct data analysis using modern statistical software and 3) to teach you to interpret and communicate effectively the theoretical and applied results. This course studies the basic econometric theory and the application of econometric methods to actual economic data. The emphasis is on explaining basic ideas behind formulas and rules. Topics covered are: basic concepts of statistical inference; estimation and inference for the general linear statistical model; stochastic regressors; disturbance related sets of regression equations; heteroskedasticity, multicollinearity; autocorrelation; and specification, identification and estimation of simultaneous equation models. Materials: I will lecture using overhead slides. Questions and participation are encouraged. I shall mail copies of the lectures to the course participants e-mail address before hand so that they can come period in the class beforehand. In class, I may discuss some additional examples, past problems etc. that do not appear in the lecture notes. Handouts for discussion sections may also be mailed, and solutions may appear at the end of the relevant week. Problem sets would also be mailed and the due dates for the submission of problem set (s) would be informed accordingly. Textbooks (highly recommended): 1. Wooldridge, J.M. 2013. Introductory Econometrics: A Modern Approach. Thomson/SouthWestern. 2. Gujarati, D.N. 2012. Basic Econometrics. 4th Edition. Tata Mcgrow-Hill Publishing Company Limited.

References: 1. Asteriou, D & Hall, S.G. Applied Econometrics. A modern Approach using Eviews and Microfit Revised Edition. 2. William H. Greene, Econometric Analyses, or any other textbook of Introductory Econometrics. Software(s): We will be using the program Stata in the discussion sections and for homework assignments. In addition we shall try to use softwares like E-views (7.0), SPSS (16.0/17.0), LIMDEP (7.0 or 9.0) as and when required. Course Policies: Grading: Problem Sets 10% Midterm 1 25% Midterm 2 25% Final 40% Homework: There will be approximately 10 problem sets which will be mailed. Problem sets will not be graded. I shall simply record whether you have turned each one in and appear to have put in effort. I may drop one, so that if you turn in 9 of 10, you will receive full credit; if you turn in 4 out of 10 you will receive credits, and so forth. While solving the problem sets, you are allowed (in fact encouraged) to work in groups, as long as each group is comprised of no more than three people and as long as each member submits their own written answers. Problem sets should be turned in at the beginning of class on the day that they are due, or in the envelope on my office room. Late homework will not be accepted and there will be no extensions. Exams: The dates of examinations should be informed to the course participants in due time.

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