INTRODUCTION
Macro-econometric modeling and forecasting course is designed to provide participants with a comprehensive understanding of the principles and techniques involved in analyzing and forecasting macroeconomic variables.
How you benefit
At the end of this course, participants will learn:
Who should attend
DURATION
10 Days
COURSE CONTENT
MODULE 1: INTRODUCTION TO MACRO-ECONOMETRIC MODELING
• Overview of macroeconomics and econometric modeling
• Introduction to EViews software and its features for econometric analysis
MODULE 2: DATA COLLECTION AND PREPARATION
• Gathering macroeconomic data from various sources
• Data cleaning, handling missing values, and transforming variables
MODULE 3: TIME SERIES ANALYSIS
• Review of basic time series concepts and techniques
• Identification of trends, seasonality, and stationarity
• Time series decomposition and modeling
MODULE 4: ECONOMETRIC MODEL SPECIFICATION
• Introduction to different types of econometric models (e.g., ARIMA, VAR, VECM)
• Model selection criteria and techniques
• Hypothesis testing and model diagnostics
MODULE 5: ESTIMATION AND INFERENCE
• Estimation techniques for econometric models using EViews
• Interpretation of coefficient estimates and statistical significance
• Assessing model fit and goodness of fit measures
MODULE 6: FORECASTING
• Time series forecasting methods and techniques
• Evaluating forecast accuracy and performance metrics
• Forecasting with exogenous variables and scenario analysis
MODULE 7: POLICY ANALYSIS AND SIMULATION
• Conducting policy experiments and simulations using macro-econometric models
• Interpreting and analyzing policy implications and outcomes
Prerequisites:
Key Notes
a. The participant must be conversant with English.
b. Course duration is flexible and the contents can be modified to fit any number of days.
c. One-year post-training support Consultation and Coaching provided after the course.
THE END
Dates | Fees | Location | Apply |
---|---|---|---|
09/09/2024 - 20/09/2024 | $3000 | Nairobi |
Physical Class Online Class |
07/10/2024 - 18/10/2024 | $3000 | Nairobi |
Physical Class Online Class |
11/11/2024 - 22/11/2024 | $3000 | Mombasa |
Physical Class Online Class |
09/12/2024 - 20/12/2024 | $3000 | Nairobi |
Physical Class Online Class |