5 Econometrics Models You Can Frame Your Assignment On

If you wish to write a quick, informative, and engaging assignment on econometrics, then econometrics assignment writing help providers suggest that you should frame your assignment around the models of econometrics. 

Wondering why models? Here are the three reasons:

1.You can easily gather a lot of information about these models.

2.These models are classic to the field; hence, assignment on the same will be a credible document.

3.With the help of these models, your basics of econometrics will be clear.

Now that you know why writing an assignment on econometrics’ models is the right thing to do, it is time to learn about these models. 

Let the learning begin,

This model provides information about an individual behaviour, both over time and across individuals. In order to get a balanced panel data, all individuals should be observed in all time periods or else it will be unbalanced. Some of the important heads to cover in your assignment if you choose to work on this model are:

This is the most popular of the econometrics model. Here the dependent variable is treated as a binary response and is coded either as 0 or 1. The decision choices to make under this model are- whether or not to have, use, adopt, etc.

Here are some points to highlight while working on this model:

The main focus of this model is on two things viz., truncation and censoring. The former takes place when the observations are not in the sample, while the latter happens when the limit observations are in the sample. Along with highlighting these two phenomena, you can elaborate the below-given concepts in your econometrics assignment:

The hallmark of this model is that it has dependent variables which are counted by it. These variables are coded from 

0 to n. However, the data is concentrated around small discrete values like number of doctor visits made in a month, etc. Along with this, there are four important aspects of this model that you should surely mention in your assignment on econometrics. This includes:

According to econometrics assignment writing help experts, this is a tricky yet an interesting model to deal with. According to this model, subjects are tracked until an event (generally failure) happens. In other words, subjects are tracked till the time they are lost from the list of the samples. The reason being- to see how long they lasted as a part of the sample (checking for their survival in sample). Some of the interesting topics that you may cover under this model are:

• The setup and features of survival analysis, 
  
• The functions of survival, hazard, and cumulative hazard, 
  
• Kaplan-Meier survival functions (parametric model),
  
• Weibull, Exponential, Log-logistic, and Gompertz (non-parametric models), and
  
• Cox proportional hazard model (semi-parametric model).
  

Now that you have the basic idea about the 5 econometrics models and the concepts that you can elaborate on, it is time to grab your writing tools and start your assignment writing task right away. 

Good Luck!

Summary: This article will help students frame their econometrics assignment around the five crucial modes.

Author: Marie Claire is associated with Assignment Desk as a certified assignment assistance provider. In her leisure time, she likes to go on long drives with her pet.

Report this Page