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HOW TO WRITE DISSERTATIONIN METHODOLOGY OFECONOMETRIC
MODELLING
An Academic presentation by Dr. Nancy Agnes, Head, Technical
Operations, Tutors India Group www.tutorsindia.comEmail:
[email protected]
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Introduction
Dissertation in Econometric Modelling
Important Tips
Summary
OUTLINE
Today's Discussion
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Econometric has been explained as an economic theory whichhas
its association with statistics and mathematics.
In other words, it can be explained as having association
withmeasuring economic relationships.
The econometric is a mixture of three wide branches,
economics,mathematical economics and statistics.
This field of economics aims at assigning numerical values
thedifferent parameters of economic relationships which are
usuallydefined in mathematical forms and integrated with
empiricaleconomics.
INTRODUCTION
Contd...
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To identify the values of parameters the econometric methods are
used.
Econometric methods are actually the statistical methods which
give an idea abouteconomic phenomena.
The significance of econometric methods is that it has large
scale application indifferent areas like engineering, sciences,
medical science, agriculture science etc.
To summarize, the econometric methods are helpful in order to
know about thestochastic relationship in mathematical format and
identifying the relation between thedifferent variables.
The figure given below gives an idea of writing a dissertation
in econometricmethodology.
Contd...
https://www.tutorsindia.com/best-masters-phd-dba-dissertation-writing-services-uk/https://www.tutorsindia.com/best-masters-phd-dba-dissertation-writing-services-uk/
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Contd...
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In the contemporary academia-research world there are being
conducted researchon several new topics, consequently leading to
evolution of some new domains.
There are different domains preferred by the candidates for
pursuing their masters orPhD’s.
The procedure required to be fulfilled for achieving any of
these degrees remainsalmost the same.
Successful completion of any of these degrees requires a
candidate to go throughdifferent steps, the dissertation submission
being the most important one amongthem.
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Submitting a dissertation successfully requires one to be
careful and attentivetowards the details to be followed for
completing the dissertation.
Though the organization of dissertation remains same for all the
domains but thestyle of presenting content varies.
For example, in our case, the dissertation is framed for
econometric modelling.
Thus, it becomes mandatory that the facts are illustrated
through properly illustratedfigures, rather than emphasizing the
theory part.
Contd...
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Similarly, to write a dissertation in econometric methodology it
is of paramountsignificance that a candidate follows a proper
plan.
Interesting blog: How to build empirical modeling for economic
dissertationresearch
https://www.tutorsindia.com/blog/how-to-build-empirical-modeling-for-economic-dissertation-research/https://www.tutorsindia.com/blog/how-to-build-empirical-modeling-for-economic-dissertation-research/
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It has been discussed in the previous section thateconometric
modelling is integration of statistics andmathematics, thus it
requires one to be familiar with themethodology of econometric
modelling.
Methodology here refers to the methods of study used forthe
particular field.
In this section emphasis will be laid on knowing aboutwriting a
dissertation on methodology of econometricmodelling.
DISSERTATION INECONOMETRICMODELLING
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Contd...
In order to write a dissertation for methodology ofeconometric
modelling it is necessary that the candidateis familiar with the
term and its applications .
Also the candidate should be aware of the methods usedfor
econometric modelling.
This information will be helpful in planning the content
fordissertation.
Some useful points are mentioned below
IMPORTANT TIPS
https://www.tutorsindia.com/our-services/coursework-writing/research-methodology/
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Contd...
To write a dissertation on methodology of econometric modelling,
one should firstchoose the model which can indicate the different
features of the phenomena beingstudied.
The primary aim of modelling is to explain a complicated process
through a simplemodel.
Thus, in the abstract one should clearly describe the model used
and approachfollowed.
Also a snippet of the tools used by the candidate should be
provided.
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The model chosen by the candidate for writing a dissertation in
methodology foreconometric modelling should contain all the
variables as they will be helpful indescribing the behaviour of the
economy.
The methodology chosen by the candidate should be sufficient
enough in interpretingthe probability and its suitability for the
data gathered.
There are available several different approaches so the
candidate should discuss theapproach to be used in dissertation
with his guide.
There are some basic methodological issues associated with
econometrics such asapplication of probability theory to economics
and the mapping between economictheory and probability issues.
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Contd...
It can be explained from the above discussion that
themethodology of econometrics is not confined to the study ofsome
specific econometric techniques; rather it is a meta-study which
exhibits the contribution of econometrics toeconomic science.
A candidate planning a dissertation in methodology
ofeconometrics modelling has to keep in mind the primaryissues
associated with the field and should suggest somenovel approach to
resolve the issues in a more efficientmanner.
Summary
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To formulate a well-planned dissertation the candidate should
have in-depthknowledge of how the approaches can be applied to the
models and alleviate thecommon issues.
Apart from the afore-mentioned points the candidate should also
discuss the differentmethodologies, their pros and cons and then
discuss the proposed methodology andits significance.
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