Tamil Nadu Public Service Commission Exam Syllabus

Unit - I : Introduction
Definition - Scope and Goals of Econometrics –– Methodology of Econometric Research.

Unit - II : Single Equation Regression Models
Simple And Multiple Linear Regression Models, Assumptions – Derivation of OLS estimators – Properties – Test of goodness of fit (R2 & 2) – Test of significance – Confidence intervals – Testing the overall significance of a regression – Analysis of Variance – Applications in demand and production analysis with time series, cross section, pooled and panel data.

Unit - III : Violation Of Ols Assumptions
Autocorrelation, Multicollinearity and Hetroscedasticity – Definition – Source - Consequences – Detection – Solution.

Unit - IV : Dummy Variable
Dummy variable – Definition - Uses – Dummy variable trap – Estimation - Inference – Applications.
Unit - V : Distributed Lag Model
Definition - Koyck model - Partial adjustment model - Adaptive expectation model – Estimation – Inference - Applications.

Unit - VI : Limited Dependent Variable Models
Logit - Probit - Tobit models – Estimation – Inference.
Unit - VII : Simultaneous Equation Models
Simultaneous equation bias- Structural, reduced form and recursive models – Identification – ILS, Instrumental variable and Two SLS methods of estimation.

Unit - VIII : Time Series Econometrics
Stationary and non stationary time series – Purely random process – MA process – AR process – ARMA Process - ARIMA – Estimation of AR, MA, ARMA, and ARIMA models.

Unit - IX : Vector Auto Regression
VAR - Unit root tests – D.F. test – Co-integration – Error correction models Box Jenkins approach - Forecasting using BJ method

Unit - X : Econometric Applications
Agriculture – Industry – Monetary Economics – Financial markets