Diploma In Economics

by Tshwane University of Technology TUT Claim Listing

This module presents simple and multiple regression models and estimation techniques, the normality assumption in econometric modelling, multicollinearity, heteroscedasticity and autocorrelation, model specification, diagnostic testing and data management.

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Course Details

This module presents simple and multiple regression models and estimation techniques, the normality assumption in econometric modelling, multicollinearity, heteroscedasticity and autocorrelation, model specification, diagnostic testing and data management, introductory econometric modelling techniques such as ordinary least squares, the use of dummy variable regression models as well as regression models that use qualitative responses.

Furthermore, the module introduces students to the use of Econometrics software packages and emphasises practical laboratory sessions over and above normal lectures and tutorials.

The module covers the matrix algebraic approach to regression analysis, the normality assumption in econometric modelling, the two variable regression model and its estimation, multiple regression analysis, estimation and inference, multicollinearity, heteroscedasticity and autocorrelation, time series econometrics and forecasting as well as the intermediate econometric modelling techniques such as dynamic econometric models like the Autoregressive and Distributed-Lag Models (ARDL), nonlinear regression models, cointegration analysis as well as panel data regression models.

  • Pretoria West Branch

    Staatsartillerie Rd, Pretoria West, Pretoria
  • Polokwane Ext 67 Branch

    109 Market St, Polokwane Ext 67, Polokwane

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