Department of Economics Econ 582-202502 Tutorial No. 1
Course Instructors:
Dr Caroline M. Khan
Import the following data in EViews:
macro_uk (Annul consumption expenditure by households (CONS), government expenditure (GOV), investment (INV) and GDP)
Pcocofea (Monthly data on the price of cocoa, coffee and tea)
Basic Data Handling:
Creating a work-file.
Different ways of importing Data/Verifying Data/ Examining data.
Descriptive statistics and correlations.
Histograms.
Graph and plots.
Variables generation and manipulation.
Using the data above:
Run the following regression using Pcocofea data:
L(pcocoa) c L(pcoffee) L(pcoffee(-1)) L(pcocoa(-1 to -3))
Where L denotes natural log.
Test the residuals from the above regression for
Autocorrelation.
Heteroskedasticity.
Generate a script file for all the above.
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