EViews Pro: Mastering Econometric Modeling, Forecasting and Economic Analysis

This advanced course offered at IRES is designed for participants seeking to master econometric modeling, forecasting, and economic analysis using EViews Pro, the leading software for time series econometrics.

Participants will delve into sophisticated econometric techniques and learn how to apply them to real-world economic data for robust analysis and forecasting.

The course emphasizes hands-on experience, enabling participants to effectively utilize EViews Pro's advanced features to build, estimate, and interpret complex econometric models.

Through case studies and practical exercises, participants will enhance their analytical skills and gain confidence in their ability to conduct comprehensive economic analyses.

Course Duration
5 Days

Who Should Attend

1. Advanced economists
2. Financial analysts
3. Researchers in economics and finance
4. Policy analysts
5. Data scientists and statisticians

Personal Impact

1. Master advanced econometric modeling techniques using EViews Pro.
2. Develop skills in forecasting and economic analysis with confidence.
3. Enhance your ability to interpret complex econometric results and apply them to real-world issues.

Organizational Impact

1. Strengthen the organization’s analytical capabilities in economic forecasting and analysis.
2. Improve decision-making processes through rigorous econometric evaluations.
3. Foster a culture of advanced data analysis and evidence-based policy formulation

Course Objectives:
By the end of this course, participants will be able to:

1. Understand advanced concepts in econometric modeling and forecasting.
2. Utilize EViews Pro to build and analyze sophisticated econometric models.
3. Conduct hypothesis testing, model diagnostics, and forecast evaluation.
4. Apply econometric techniques to inform economic policy and strategic decision-making.
5. Effectively communicate econometric findings to stakeholders.

Course Outline

Module 1: Advanced Econometric Modeling Concepts

1. Overview of advanced econometric techniques and their applications
2. Introduction to EViews Pro: features and enhancements
3. Data management and preparation for econometric analysis
4. Practical Exercise: Setting up projects and importing datasets in EViews Pro

Module 2: Time Series Econometrics

1. Analyzing time series data: trends, seasonality, and cycles
2. Conducting unit root and cointegration tests
3. Estimating ARIMA and VAR models for forecasting
4. Case Study: Application of time series models in economic forecasting
5. Practical Exercise: Building and estimating time series models in EViews Pro

Module 3: Multivariate Econometric Techniques

1. Exploring multivariate regression models and their interpretation
2. Implementing Generalized Method of Moments (GMM) and limited dependent variable models
3. Conducting structural equation modeling (SEM)
4. Practical Exercise: Estimating and interpreting multivariate models in EViews Pro

Module 4: Forecasting and Model Evaluation

1. Techniques for accurate forecasting: methods and strategies
2. Evaluating forecast accuracy using various criteria
3. Conducting model diagnostics and robustness checks
4. Practical Exercise: Forecast evaluation and optimization in EViews Pro

Module 5: Practical Applications and Policy Analysis

1. Applying econometric models to real-world economic issues
2. Conducting policy simulations and impact analysis
3. Real-life Project: Developing and presenting a comprehensive econometric analysis for a chosen economic question

Related Courses

1. Public Expenditure Budgeting and Management Training Course
2. Financial Econometrics Using Stata Training Course
3. Prices Statistics and Index Numbers Training Course
4. Panel Data Analysis using Stata Training Course
5. Performance Management and Appraisal Training Course
6. Performance Based Budgeting Training Course

Course Administration Details

Methodology

The instructor-led trainings are delivered using a blended learning approach and comprise presentations, guided sessions of practical exercise, web-based tutorials, and group work.

Our facilitators are seasoned industry experts with years of experience, working as professionals and trainers in these fields.

All facilitation and course materials will be offered in English. Therefore, the participants should be reasonably proficient in English.

Accreditation

Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).

Training Venue

The training will be held at IRES Training Centre.

The course fee covers the course tuition, training materials, two break refreshments, and lunch.

All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.

In addition to our virtual training, we conduct training in Kenya (Nairobi, Mombasa, Nakuru, Naivasha, and Kisumu) and in the following locations:

1. Dubai - United Arab Emirates
2. Cairo - Egypt
3. Johannesburg, Pretoria, and Cape Town - South Africa
4. Arusha, Zanzibar, and Dar-es-Salaam - Tanzania
5. Kigali - Rwanda
6. Accra - Ghana
7. Kampala - Uganda

Accommodation and Airport Transfer

Accommodation and airport transfer can be arranged upon request.

For reservations, kindly contact us through:

• Email: [email protected]
• Phone: +254715 077 817

Tailor-Made Program

Upon request, this training can also be customized to suit the needs of you or your institution.

You can have it delivered at our IRES Training Centre or a convenient location.

For further inquiries, kindly contact us