Applied Econometrics

By Prof. Sabuj Kumar Mandal   |   IIT Madras
Learners enrolled: 374
After having a background in basic econometrics, this course on Applied Econometrics will help the students understanding and analyzing more complex economic data generated out of complex decision making. As the name suggests, the subject Applied Econometrics aims to measure economic relationship from more real life examples. After successful completion of the course, students would be able to formulate econometric model to analyze data and then would be able to establish any cause-effect relationship in their preferred areas of interest like economics, finance, management, engineering and science. An expertise in econometrics increases the job prospect of the students significantly.

INTENDED AUDIENCE: Anyone interested in data analysis

PREREQUISITES: Inferential statistics and Basic econometrics

INDUSTRY SUPPORT: Banking, Analytics, Audit firms
Course Status : Upcoming
Course Type : Elective
Duration : 12 weeks
Start Date : 23 Jan 2023
End Date : 14 Apr 2023
Exam Date : 29 Apr 2023 IST
Enrollment Ends : 30 Jan 2023
Category :
  • Management Studies
Credit Points : 3
Level : Postgraduate

Page Visits

Books and references

1. Introductory econometrics: A modern approach Wooldridge
2. Basic Econometrics, D N Gujarati
3. Limited Dependent and qualitative variables in econometrics, G.S. Maddala

Instructor bio

Prof. Sabuj Kumar Mandal

IIT Madras
Dr. Sabuj Kumar Mandal is currently working as an Associate Professor in the Department of Humanities and Social Sciences, Indian Institute of Technology Madras (IITM), Chennai. He completed his B.Sc (Economics) from the Scottish Church College Kolkata (1999-2002) and M.Sc (Economics) from the University of Calcutta with a specialization in Econometrics. He completed his doctoral degree in economics from the Institute for Social and Economic Change, Bangalore. His teaching and research interests include Applied Econometrics, Energy and Environmental Economics (efficiency analysis), Adaptation to Climate Change, Environmental regulation and Firm Performance and Behavioral & Experimental Economics. He has several national and international publications in his credit. He was awarded Young Economist Award 2015 by the Indian Econometric Society for his contribution to quantitative economics. Recently, he has been awarded Fulbright Nehru Academic and Professional Excellence Award 2020-21 (research category) for conducting research in the area of ‘Community Based Adaptation to Climate Change’ taking Southeast Florida Regional Climate Change Compact (SFRCC) as a model for analysis. He aims to develop an economic framework based on rational choice theory, to identify the motivating factors that determine private participation in community based adaptation (CBA) focusing on individuals’ perception about climate risk, time preference and their adaptive capacity

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: 29 April 2023 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.


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 Madras .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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