Convincing Features
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To complete the training in econometric modelling techniques, the assignment aims at assessing students’ ability in applying the skills and knowledge learned in SEM207to build a model in explaining the determinants of a selected nation’s GDP. Each student is required to collect macroeconomic data of a nation that are relevant to explaining the country’s GDP.
The regression technique is used to build relationships relating determinants to GDP. The exercise also entails assessing the adequacy of the fitted model. Students may need to perform related large-scale data analysis with computer software EViews. Students were required to submit a report in the stipulated format by SEM requirements together with the computer software outputs of the analysis to demonstrate their ability to carry out the analysis.
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