Econometrics for the Business Analyst
August 17-20, 2009
Federal Reserve Bank of Kansas City
Sponsored by the NABE Foundation
Do you need to:
- Interpret the economic and financial landscape?
- Forecast various economic and financial activities?
Then join us and learn about the approaches to modeling to help you answer these questions.
This informative seminar is for people seeking knowledge of recent developments in economic methodologies and quantitative analysis. The emphasis is on statistical applications as opposed to forecasting, although some forecasting material will be covered. A special focus will be placed on applications for business.
At minimum, participants should have a background in economic theory and econometric methods as this course is quite comprehensive. Experience in the use of mathematics, statistics and regression analysis also is helpful. The course content and time spent on each subject will be tailored to the participants’ backgrounds. Examples in economics and finance will be used. Time will be set aside to work on problems to accentuate the lecture material. The software package EVIEWS will be used in most cases in this regard.
The seminar will cover the following topics:
- Econometric (structural) models
- Dummy (indicator) variables
- Diagnostics of structural models
- Distributed lag models
- ARCH and GARCH models
- Nonlinear models
- Probit/logit models
- Censored response models
- Pooling of time-series and cross-sectional data
- Multi-equation model applications
- Ex-post forecast evaluation
About the instructor
Dr. Oral Capps, Jr. has a background of consulting experience in industry, government, and academia. He has conducted seminars in economic modeling and forecasting for the Institute of Professional Education. Dr. Capps received degrees in mathematics, statistics, and agricultural economics from Virginia Polytechnic Institute and State University. He is currently a Professor in the Department of Agricultural Economics at Texas A&M University. He has received awards for teaching from Virginia Tech, Texas A&M University, and the American Agricultural Economics Association. He has been honored by the American Agricultural Economics Association, the American Council on Consumer Interests, Texas A&M University, and several editorial boards for outstanding research.
Registration details
Registration fee before July 15 is $1,400 for NABE members, $1,540 for registration plus NABE membership, or $1,900 for non-NABE members. Add $200 after July 15. To be eligible for a refund less $50 fee, registration cancellation must be received in writing by June 15, 2009. Questions? Please contact NABE at nabe@nabe.com or phone 202-463-6223.
Online registration is available. Seminar fees include meeting materials as well as continental breakfasts, luncheons, and coffee breaks on all four days.
Seminar details
Econometrics for the Business Analyst will be held at the Federal Reserve Bank of Kansas City. Bring your laptop (with disk drive) loaded with EVIEWS or similar software. The instructor will provide problems sets and data. The seminar will run from 8:30 am to 5:00 pm on all four days.
Hotel reservations
Listed below are three hotels that we suggest:
Westin Crown Center
One East Pershing Road
Kansas City, MO 64108
Phone: 816-474-4400
Distance: .9 miles / 2 minute drive
Hyatt Regency Crown Center
2345 McGee Street
Kansas City, MO 64108
Phone: 816-421-1234
Distance: .9 miles / 2 minute drive
Residence Inn
2975 Main Street
Kansas City, MO 64108
Phone: 816-561-3000
Distance: Across the street from the Bank
About NABE
Founded in 1959, NABE is a non-profit association offering professional services and products to people who use economics in their work. NABE has more than 2,500 members worldwide and 41 chapters across the country.