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EconometricModelingContents.

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Introduction

AdvancedEconometricModelingisanonline
andinstructorledcoursebyMuhammadAnees,
AssistantProfessorandSeniorEconometrician
atAnEconomist.Thecourseaimsatintroducing
therecentandrecentlyappearingtrendsin
EconometricsMethodsandApplicationwith
realworldexamplestoenableouryoungPhD
scholarsandfacultymemberstoadoptand
applythemethods.ThecourseinAdvanced
AdvancedEconometricModelingishelpfulfor
thecandidatesindevelopingapublicationtrail
toproducequalityresearchfindingsrobustin
thesensethatthemethodswillbejustified
basedontraditionalandrecentassumptionsof
estimationvalidityandproducingcontrary
outcomesforpotentialimplications.Thecourse
coversfromAdvancedEconometricModeling
usingconventionalapproachtoaselectedtopic
fromliteratureemergingrecentlyinthe
econometricsresearchstream.Itisintended
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thataftercompletingthiscourse,the
candidateswillbeabletodevelopaprofessional
approachtoapplicationofadvanced
econometricmodelingandreplicationofmany
studiesfoundintheliteratureusingvarietyof
econometricsoftwaresandstatisticalpackages
likeR,GAUSS,RATSandMatlabinadditionto
commonsoftwareslikeStata,EviewsandSPSS.

CourseObjectives

AdvancedEconometricModelingisresearch
basedtrainingaimedtointroduceandrefresh
someofthenewlyemerginttrendsinempirical
literatureinEconometricsTheoryand
Application.Thecoursewillcoverboth
traditionalAdvancedEconometricModeling
andsomerecentlyavailablemethodstohelp
estimatetheeconomicmodelsbasedonreal
worlddataandreplicateafewpapersfromthe
literature.ThecourseisthushelpfultoPhD
studentswhowishtobeginwritingtheirthesis
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andwishtoemployrelevanteconometric
modelingtoproducerobustestimatesbacked
upbybasiceconometricapproaches.Thecourse
aimsatthedevelopmentofskillsofidentifying
therelevanteconometricmodels,applicationof
theeconometricmethodstoestimatea
relationshipandthushelpinwritingeective
reports.Inconnectiontothis,thecourse
objectivesaresetupas:

Understandingthemathematicaltheory
behindmoderneconometricmethods
HelpingeachcandidatewithIdentificationof
issuesandproblemsintraditionaleconometric
methods
Developingaresearchskillsettoapply
advancedeconometricmodeling
Writingeectiveresearchreportsbasedon
theevidencecreatedthroughrealworlddata
analysis.
Learningnewsoftwaresbeyondconventional
econometrictools.
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Becomeindependentresearchersinthearea
ofEconomicsandFinancewithstronghandson
skillsetsofeconometricmodeling.

ExpectedLearningOutcomes

AftercompletingthecourseinAdvanced
EconometricModeling,itisexpectedthat
studentswillbeabletodemonstratethe
followingskills:

Applicationofcomplexeconometricmethods
torealworldcases
Developindependentresearchskillsbasedon
applicationofrelevanteconometricmodeling.
Estimatemodelswithcomplexitywithout
needsforfurtherguidance
Writeeectiveresearchreports
Learnbestpracticesinpublicationofhigh
impactresearchandpolicypapers
Predictandforecastmacroeconomicand
financialoutcomeswithrigoroussetsof
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softwaresandeconometricmethods.

TentativeContents

Thelistoftopicstobecoveredduringthecourse
inAdvancedEconometricModelingare
tentativelyselectedinthefollowing.Further
specialisttopicswillbeaddedtothelistduring
thecourse.Thecourseisthusnotlimitedto
thesetopicsonly:

StructuralVARandStructuralCointegration
NonlinearUnitRootsandCointegration
AsymmetricUnitRootandCausality
CointegrationwithMultipleUnknownBreaks
WaveletAnalysisofEconomicandFinancial
TimeSeries
MultivariateGARCHandCausality
FrequencyDomainAnalysis
GeneralizedSEMforPanelData
NonlinearSuregModels
3SLSModelsusingStata
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NonlinearEquationEstimationusingStata
DSGEModelsusingStata

Audienceofthecourse

AdvancedEconometricModelingisbestmodule
forthestudentsdoingPhDinEconomics,
FinanceandSocialScienceswithadesireto
becometrainedinEconometricMethodsand
Econometricssoftwares.Thecourseisequally
helpfulforfacultymemberstoteachcoursesin
Economicswithresearchcomponentsandto
publishhighimpactresearchinEconomics,
FinanceandSocialSciences.Advanced
EconometricModelingishighlyrecommended
forthosecandidateswhoarepotentially
enteringintothecorporateworldinFinance
andInsuranceindustrytoconductempirical
research,predictivemodelinganddeveloping
forecastingsolutionstoleadtheir
organizations.MasterstudentsinEconomics
andFinanceareencouragedtoenrollforthis
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coursespecificallyiftheywishtobecomestrong
candidatesforPhDandbeindependentfrom
thedayoneoftheirresearchdesgrees.

Certification

Aftercompletingthecourse,thecandidateswill
receiveaverifiablecertificatefromAnEcCenter
forEconometricsResearchthatcanbeincluded
ontheirLinkedinprofilesdirectlyfromthe
certificatevalidationlink.Thecertificateswill
bepublishedthroughaprivatelinkaswellon
AnEconomisttohelpyouaddyourresearch
skillsdevelopedduringtheclassprojectsto
showcasethequalityofworkandassessment.

Registrationdetails

RegisterforthecourseinAdvanced
EconometricModelingat
www.aneconomist.com/advancedeconometric
modelingandselectyourcourse:RegisterFor
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AdvancedEconometricModeling.Readthe
autoresponseandwaitforthecustomized
emailfromProfessorAnees.Youwillbeassisted
inpersontoproceedandconfirmyour
admission.
LastDateofAdmissionConfirmation

LastdatetoapplyisSeptember29th,2017.
Earlybirddiscountupto100USDisavailable
beforeAugust1,2017.

Assessmentandevaluationcriteria

Eachcandidateofthecoursewillbeevaluated
basedonsubmittedprojectreportsinformof
completedataanalysisofthecoveredtopicsin
lessons,writingofstandardinterpretationof
theresultstobeincludedinaresearchproject
likearesearcharticleorthesis.Thosewhooptto
writetheirthesiscanbeexemptedfrompublic
submissionoftheprojectsbuttheywillbe
requiredtosubmittheprojectreportson
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regularbasisprivatelyandconfidentially.The
projectreportsofthestudentswillbe
publishaedinformofstudentsblogsontheir
ownpagesandpubliccommentswillbeinvited
forevaluation.Responsestothesecomments
willalsobepartoftheevaluationtohelpour
studentsdeveloptheskillofacademic
arguments.Attheendofthecourse,itis
expectedthateachstudentwouldhavebeen
abletowriteahighqualitypublishableresearch
paperstobesubmittedforhighqualityand
higherrankedjournalsontopranked
publishersonly.
SocialMediaGroups

JoinStata.HelpandEconometriciansClubon
Facebookanduse#AnEcModelingonTwitterto
followupdatesonthecourseprogressand
outcomesduringthecourse.Youcanask
questionsandparticipateontheforumswith
fellowstudentstomaximizeyourexperienceof
learningAdvancedEconometricModeling.
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