Global Research & Training presents a 5-days long online workshop on “Research Methodology: Covering Statistics and Basic Econometrics for Data Analysis”. This workshop will provide participants with essential skills in research methodology, including research methods, statistical analysis, and basic econometrics.
Workshop Overview:
Research methodology is a crucial skill for anyone involved in academic or professional research. It is the foundation upon which robust and reliable studies are built. Without a clear understanding of research methods, even the best ideas can lead to flawed conclusions. And the other hand, a strong foundation in research methodology ensures that studies are designed rigorously, data is analysed correctly, and results are interpreted with accuracy.
This online workshop is specifically designed to fill that gap by offering participants an in-depth understanding of research and its type, research methodology, key statistical techniques and the basics of econometrics. Over the course of four days, attendees will learn how to apply statistical techniques, and utilize econometric models to analyze real-world data. This workshop aims to equip participants with the practical skills necessary to design, analyze, and interpret research effectively.
The workshop will feature live sessions with interactive lectures and demonstrations led by experienced resource person, providing participants with an engaging learning experience. Additionally, dedicated Q&A sessions will give participants the opportunity to ask questions, clarify doubts, and discuss key concepts with the resource person to ensure a comprehensive grasp of the material.
Workshop Structure:
Day 1: Introduction to Research Methodology:
- Understanding the research, research types: Qualitative, Quantitative, and Mixed Methods Research
- Basic approaches to research: Inductive Method vs Deductive methods
- Falsification ability of a theory: Why it matters in scientific inquiry
- Research process and research design
- Data Types in Research: Time Series, cross section, and pooled data
Day 2: Fundamental Statistics for Econometrics:
- Basic statistical concepts: Simple Probability Distribution
- Expected Value of a Random Variable
- Expected Value of the Function of a Random Variable
- Expected value Rules
- Population Variance of a Discrete Random Variable
- Continuous Random Variable
- Independence of two Random Variables
Day 3: Fundamental Statistics for Econometrics - Continued:
- Variance and Covariance rules, and Correlation
- Estimators of Variance, covariance and correlation
- Normal Distribution
- Testing Hypothesis Related to Population mean
- “t” Test Relating to population mean
- Confidence Intervals and Central Limit Theorem
Day 4: Introduction to Econometrics:
- Introduction to regression analysis: Required Quality of Regression Analysis
- Classical Linear Regression model and its assumptions
- Properties of Least Squares Estimators
- Hypothesis Testing
- Confidence Interval Approach
- Testing the level of Significance
- Regression Analysis and Analysis of Variance
Day 5: Regression Analysis in Research:
- Relation between R2 and F statistic
- Functional Forms in Regression Analysis
- Regression of One Quantitative variable and one Qualitative variable (Dummy Variable Model)
- Practical issues in Regression models such as auto correlation, multicollinearity etc.
- Stationarity Property and non-stationary data cointegration methods basics
About the Resource Person:
The resource person for this online workshop is Prof. Muthucattu Thomas Paul a well-known academician and financial economist with extensive experience in teaching, research, and leadership at several prestigious institutions worldwide.
He has held notable positions such as Dean of the Faculty of Business at the Solomon Islands National University, Professor of Finance at the University of the South Pacific in Fiji, Professor and Head of the Department of Banking and Finance at the European University of Leke, Cyprus. Additionally, he has served as a Professor of Economics at the University of Botswana, Professor of Economics, Madras School of Economics, and the National Institute of Bank Management in Pune. Prof. Paul has also held the prestigious RBI Chair Professorship at ISEC, Bangalore.
Prof. Paul has guided 20 Ph.D. students and has made significant contributions to academia. He has published numerous articles in reputed national and international journals, books and chapter in edited book. His scholarly work spans a wide range of topics in economics and finance. He has served as an editor for various academic publications. His vast expertise and contributions to the field make him an ideal resource person for this workshop.
Program Details:
- Date: February 4th to 8th, 2025
- Time: 04:00 PM to 05:30 PM IST
- Platform: Google Meet
Who Should Attend?
This 5-days online workshop is specifically designed for undergraduate and postgraduate students, research scholars, and professionals who seek to enhance their understanding of research methodology and develop practical skills in data analysis. It’s perfect for anyone looking to improve their ability to design and analyze research using statistical and econometric techniques.
Why Attend?
This workshop offers a unique opportunity to refine and advance your research methodology skills. It offers a unique opportunity to advance you knowledge of Research Methodology. By the end of the workshop, participants will have a solid grasp of research design, statistical analysis, and econometrics, empowering them to undertake high-quality research.
Contact for Queries:
We are here to assist you with any queries you may have and look forward to your participation in this enriching training program.
Email: info@grtedu.com
Alternative Email: info.grtedu@gmail.com
Website: www.grtedu.com