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Applied Econometrics: Course Layout
Applied Econometrics: Course Layout
Applied Econometrics
Summary
Course Status : Upcoming
Duration : 12 weeks
o Management Studies
Category : o Economics
o Managerial Economics
Credit Points : 3
Level : Postgraduate
Course layout
Week-1 : Sampling Fundamentals
Week-2 : Descriptive Statistics: Mathematical Distributions
2. Econometric Modelling
Summary
Course Status : Upcoming
Duration : 8 weeks
o Management Studies
Category : o Economics
o Managerial Economics
Credit Points : 2
Level : Postgraduate
Course layout
Week 1 : Introduction
Duration : 8 weeks
o Management Studies
Category :
o Operations
Credit Points : 2
Level : Undergraduate/Postgraduate
Course layout
Introduction to analytics
Differentiating descriptive, predictive, and prescriptive analytics, data mining vs data analytics
Industrial problem solving process
Decision needs and analytics, stakeholders and analytics, SWOT analysis
Model and modeling process, modeling pitfalls, good modelers, decision models and business expectations,
Different types of models – overview of context diagrams, mathematical models, network models, control systems
models, workflow models, capability models
Data and its types, phases of data analysis, hypothesis and data
Scales, relations, similarity and dissimilarity measures, sampling process, types of sampling, sampling strategies, error
mitigation
Visualization of numeric data, visualization of non-numeric data, tools available for visualizations
Hypothesis testing, pairwise comparisons, t-test, ANOVA, Wilcoxon signed-rank test, Kruskal-Wallis test, A/B testing
Data infrastructure, analytics and BI, data sources, data warehouse, data stewardship, meta data management
Data and forecasting, super-forecasting, S-curve (lifecycle), moving average, exponential smoothing, error in forecasting
Linear correlation, correlation and causality, spearman’s rank correlation, Linear regression, logistic regression, robust
regression
Hierarchical clustering (Euclidean & Manhattan), k-means clustering,Nearest neighbor, decision trees
Basics, customer lifetime value, customer probability model,Net promoter score, survival analysis
Product lifecycle analysis, Ansoff’s matrix, competitive map, Fundamentals of simulation, simulation types, Monte-
Carlo simulation
• Provost, F., and Fawcett, T., Data Science for Business, O’Reilly
o Management Studies
Category :
o Patents and Intellectual Property Rights
Credit Points : 2
Level : Undergraduate/Postgraduate
Course layout
Week 1 : Analyzing the Current Business Scenario, Innovation and Creativity- An Introduction, Innovation in Current
Environment, Types of Innovation , School of Innovation.
Week 2 : Challenges of Innovation,Steps of Innovation Management,Idea Management System,Divergent V/s Convergent
Thinking,Design Thinking and Entrepreneurship
Week 3 : Experimentation in Innovation Management, Idea Championship,Participation for Innovation, Co-creation for
Innovation, Proto typing to Incubation.
Week 4 : What is a Business Model,Who is an Entrepreneur,Social Entrepreneurship,Blue Ocean Strategy-I,Blue Ocean
Strategy-II
Week 5 : Marketing of Innovation, Technology Innovation Process, Technological Innovation Management Planning,
Technological Innovation Management Strategies, Technology Forecasting.
Week 6 : Sustainability Innovation and Entrepreneurship,Innovation Sustainable Conditions,Innovation: Context and
Pattern,SME’S strategic involvement in sustainable development,Exploration of business models for material efficiency services
Week 7 : Management of Innovation, creation of IPR ,Management of Innovation, creation of IPR,Types of IPR,Patents and
Copyrights, Patents in India
Week 8 : Business Models and value proposition, Business Model Failure: Reasons and Remedies, Incubators : Business Vs
Technology, Managing Investor for Innovation , Future markets and Innovation needs for India.