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Applied Statistics and Econometrics

By Prof. Deep Mukherjee   |   IIT Kanpur
Learners enrolled: 2744
Students of this course will learn computational principles necessary to perform quantitative analysis of social sciences data. Starting from only basic statistics, the course builds up a foundation for linear regression and its application to causal inference. The course draws examples from across various disciplines of social sciences. Another course objective is to teach how to use freely available software so that students feel empowered working with real-life data.

INTENDED AUDIENCE
Students of Economics B.Sc./B.A. (Honors), M.Com. program, M.A. & Ph.D. program (in sociology and psychology disciplines) will benefit the most. The course may be helpful for engineering students who want to learn statistical methods well.
PREREQUISITES : Participant should have done mathematics at +2 level (Class XI-XII).
INDUSTRIES  SUPPORT     : None.
Summary
Course Status : Completed
Course Type : Elective
Duration : 12 weeks
Start Date : 18 Jan 2021
End Date : 09 Apr 2021
Exam Date : 24 Apr 2021 IST
Enrollment Ends : 01 Feb 2021
Category :
  • Humanities and Social Sciences
Credit Points : 3
Level : Undergraduate/Postgraduate

Page Visits



Course layout

Week 1: Introduction (2), Descriptive Statistics (2), Random variable (1)
Week 2: Probability distributions (2), Sampling (1), Estimation (2)
Week 3: Sampling distribution (2), Hypothesis testing (3)
Week 4: Analysis of variance (3), Contingency table and Chi-squared test (2)
Week 5: Index number (1), Correlation & Regression (2), Trend and seasonality in time series data (2)
Week 6: Tutorial (1), Software sessions (4)
Week 7: Classical linear regression model (CLRM) and statistical inference (5)
Week 8: Model specification issues (2), Violations of CLRM assumptions (3)
Week 9: General linear model – relaxation of CLRM assumptions (5)
Week 10: Dummy variable and its uses (2), Logit model (3)
Week 11: Time series econometrics (5)
Week 12: Software sessions (5)

Books and references

1. Abott, M. L. (2016) Using Statistics in the Social and Health Sciences with SPSS with Excel, Wiley
2. Hatekar, N. (2010) Principles of Econometrics (using R), Sage
3. Hilmer, C. E., Hilmer, M. J., & Sharma, C. (2020) Practical Econometrics, McGraw Hill
4. Levine, D., Stephan, D. & Szabat, K. A. (2017) Statistics for Managers using Microsoft Excel, Pearson

Instructor bio

Prof. Deep Mukherjee

IIT Kanpur
Dr. Deep Mukherjee is currently an associate professor at the Department of Economic Sciences, IIT Kanpur. He obtained his Ph.D. from the University of Connecticut and M.S. from Indian Statistical Institute. His research interests are in the fields of agricultural economics and public policy. He has taught undergraduate level microeconomics, econometrics, and environmental economics courses.

Course certificate

The course is free to enroll and learn from. But if you want a certificate, you have to register and write the proctored exam conducted by us in person at any of the designated exam centres.
The exam is optional for a fee of Rs 1000/- (Rupees one thousand only).
Date and Time of Exams: 24 April 2021 Morning session 9am to 12 noon; Afternoon Session 2pm to 5pm.
Registration url: Announcements will be made when the registration form is open for registrations.
The online registration form has to be filled and the certification exam fee needs to be paid. More details will be made available when the exam registration form is published. If there are any changes, it will be mentioned then.
Please check the form for more details on the cities where the exams will be held, the conditions you agree to when you fill the form etc.

CRITERIA TO GET A CERTIFICATE

Average assignment score = 25% of average of best 8 assignments out of the total 12 assignments given in the course.
Exam score = 75% of the proctored certification exam score out of 100

Final score = Average assignment score + Exam score

YOU WILL BE ELIGIBLE FOR A CERTIFICATE ONLY IF AVERAGE ASSIGNMENT SCORE >=10/25 AND EXAM SCORE >= 30/75. If one of the 2 criteria is not met, you will not get the certificate even if the Final score >= 40/100.

Certificate will have your name, photograph and the score in the final exam with the breakup.It will have the logos of NPTEL and IIT Kanpur .It will be e-verifiable at nptel.ac.in/noc.

Only the e-certificate will be made available. Hard copies will not be dispatched.

Once again, thanks for your interest in our online courses and certification. Happy learning.

- NPTEL team


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