The Econometrics of Time Series Data: A Practical Guide using R
On December 3rd, 2024, the Department of Data Science, Christ (Deemed to be University), Pune Lavasa Campus, hosted a compelling session as part of the EconoPulse Guest Lecture Series. The event featured Dr. Prachi Bansal, an assistant professor at Jindal Global School and a Ph.D. graduate from Jawaharlal Nehru University, New Delhi. The lecture, titled “The Econometrics of Time Series Data: A Practical Guide Using R,” was designed for MSc. EA and BSc. EA students to deepen their understanding of econometric modeling and time series analysis. The session provided an in-depth exploration of time series econometrics, emphasizing practical applications through the R programming language. Dr. Bansal began by introducing fundamental R syntax and functionality, ensuring participants were equipped for advanced topics. She explained key statistical concepts such as the Probability Mass Function (PMF) and Cumulative Distribution Function (CDF) with real-world examples, helping students understa...