About this Module
What you will learn
The " Data Analyzing " micro-credential module is a vital component within the Bachelor of Finance (BA242) course, specifically in the Quantitative Research Methods (MGT646) program. Spanning 8 hours, this module incorporates on secondary data processing (descriptive statistics, correlation, and regression) for time series data and panel data and write findings and analysis chapters of a final report.
What skills you will gain
Econometric analysis using secondary data can equip you with a diverse set of skills that are highly valuable in various fields. Here are some skills you might gain: 1. **Data Management**: You'll learn how to efficiently handle large datasets, including cleaning, organizing, and preparing data for analysis. 2. **Statistical Analysis**: Econometrics involves applying statistical methods to economic data. You'll become proficient in various statistical techniques like regression analysis, time series analysis, panel data analysis, and hypothesis testing. 3. **Model Building**: You'll develop skills in building econometric models to explain relationships between different economic variables. This includes choosing appropriate model specifications and testing model assumptions. 4. **Interpretation of Results**: Econometric analysis enables you to interpret the results of statistical models in economic terms. You'll learn how to draw meaningful conclusions from your analysis and assess the economic significance of your findings. 5. **Critical Thinking**: Conducting econometric analysis requires critical thinking skills to evaluate the validity of assumptions, identify potential sources of bias or confounding variables, and assess the robustness of results. 6. **Communication**: Communicating your findings effectively is crucial in econometric research. You'll learn how to present complex statistical analyses in a clear and understandable manner, both in written reports and oral presentations. 7. **Problem-solving**: Econometric analysis often involves addressing real-world economic problems or testing economic theories. You'll develop problem-solving skills as you apply econometric techniques to analyze these issues and propose solutions. Overall, mastering econometric analysis using secondary data can provide you with a strong foundation in both quantitative methods and economics, opening up diverse career opportunities in academia, government,private sector
Total contents and assessments
1 video
Module Details
CLUSTER : Business & Management ( SP ) MODE/DURATION : Flexible LENGTH : 2 days EFFORT : 8 LEVEL : Beginner LANGUAGE : English CERTIFICATE : Not applicable CPD POINT : 0 PRICE : Free Associated Course (s) : No Course
