Use will be made of the Microfit package to demonstrate latest econometric techniques and how they can be used to assess model robustness. Practical application of the techniques to real-world examples play a large part in the course. Clients are encouraged to make use of their own examples to maximise the benefit gained. A high resolution computer projector system is available to provide clear images of all examples and output. This three-day course is held once a year in Cambridge.
Participants can choose to attend any combination of the three days.
The course is led by the authors of the package, Hashem and Bahram Pesaran. Prof Hashem Pesaran ranks among the world's leading econometricians. Participants use Microfit in a mixture of classroom style discussion and structured hands-on sessions. A special attraction is the course dinner, which has a high profile guest speaker - past speakers have included Clive Granger, Martin Weale, Ken Wallis, and Stephen Hall. A high resolution computer projector system is used to provide clear images of all examples and output.