Monday, January 30, 2023

#opportunities #economics #career #learning #community #networking #github #work #share #programming #collegelife #internships

Credit Goes to https://www.linkedin.com/feed/update/urn:li:activity:7025852179018039296/


 For work opportunities and community networking:


1. PPN - For Opportunities, Internships, Jobs & Updates in Public Policy and Economics, text "subscribe" to sign up: https://lnkd.in/dam_UqvP

2. Women in Econ/Pol - promoting inclusive practices in the field, become a member of a a community, a career launchpad and a platform: https://lnkd.in/d2KPu5Ev
Career Resources: https://lnkd.in/dFBEexQi

3. Bahujan Economists - a platform for researchers, scholars, students, and professors belonging to the SC/ST/OBC communities in Economics: https://bahujanecon.org/

4. Professor Aditya Dhar's Github List: https://lnkd.in/dQ7dmqDF

For breaking through paywalls and accessing literature:

1. Pocket: https://getpocket.com/en/

2. Scihub: https://lnkd.in/drRFcdGm

For Learning economics, programming languages and statistical softwares:

1. Stata tutorial with assignments: https://lnkd.in/dSv-9Z_6

2. W3 Schools - free tutorials for the basics of R, Excel, SQL and Python: https://www.w3schools.com/

3. Some Books on Economics and Public Policy: https://lnkd.in/dGnjidCM

Fun Stuff:

1. Seeing theory - A very fun visual intro to probability and statistics: https://lnkd.in/dwjKdcM7

2. Macro Puzzles: https://lnkd.in/dHaBtSS6

3. Free Classroom Economic Games: https://lnkd.in/dWAGPaFm

4. Elicit AI RA -  If you ask a question, Elicit will show relevant papers and summaries of key information about those papers in an easy-to-use table, even if they don't match keywords. It customizes and automates workflows, mainly literature reviews: https://elicit.org/

Saturday, March 5, 2022

Top Economics Institute in India For BA MA MPhil and PHD

 

Jawaharlal Nehru University, New Delhi

Delhi School of Economics, New Delhi

Indian Statistical Institute Kolkata, Delhi

IGIDR, Mumbai

GIPE, Pune

BHU, Banaras

MSE, Madras

HCU, Hyderabad

IIT 

IIM

NIT

IISER

Central University

South Asian University, New Delhi

CDS, Kerala

Calcutta University

Bombay University

 

Note

I listed some of the good institutes for having good courses and also some of the institutes will also give the placement.

So keep your eagle eye on the above institute websites for important dates for applying for the entrance exam and getting admission, checks regularly.

CUCET, which is conducted by NTA, Checks the websites regularly for getting admission to CU.

Strategy to Crack the Entrance Exam

Practice previous year’s questions and also see the syllabus of the respective universities for the Entrance Exam.

Revision is the most important part to crack any exam. So make a self-notes for revision purposes.

 If someone has any queries leave a comment, I will try my best to give the answer.

 

Tuesday, October 12, 2021

How to Interpret Regression Analysis Results: P-values and Coefficients

Dependent Variable: IMR

 

Method: Least Squares

 

Date: 08/31/19   Time: 23:00

 

Sample: 1 20

 

 

Included observations: 20

 

 

 

 

 

 

 

 

 

 

 

Variable

Coefficient

Std. Error

t-Statistic

Prob.  

 

 

 

 

 

 

 

 

 

 

C

117.6149

14.72462

7.987636

0.0000

FLIT

-1.070824

0.217743

-4.917829

0.0001

 

 

 

 

 

 

 

 

 

 

R-squared

0.573309

    Mean dependent var

45.95000

Adjusted R-squared

0.549603

    S.D. dependent var

14.06928

S.E. of regression

9.442120

    Akaike info criterion

7.422878

Sum squared resid

1604.765

    Schwarz criterion

7.522451

Log likelihood

-72.22878

    Hannan-Quinn criter.

7.442315

F-statistic

24.18505

    Durbin-Watson stat

2.524304

Prob(F-statistic)

0.000111

 

 

 

 

 

 

 

 

 


 

 

 

 

Usually, the researchers prefer reporting the results of regression in a summary form, highlighting only the key information. The most common way is to write the estimated equation with computed t-values in parentheses beneath the estimated coefficients and includes some other important statistics like R- square, Computed -F, etc. The significance levels of the estimated coefficients and computed-F are also marked by asterisks put on them. This is shown below.


                        
                          = 117.6* – 1.07*FLIT

(7.987636)   (-4.917829)

R Square = 0.573309   F = 24.18505*   n = 20

Notes – Figures in parentheses are computed-t values

*indicates significance at 1% level


While examining the statistical significance of estimated coefficients using t-test, the following rules are generally applied.

(i)              0.00 <= p-value <=0.01,   the estimated coefficient is statistically significant at 1% level.

(ii)            0.01<p–value <= 0.05, the estimated coefficient is statistically significant at 5% level.

(iii)           0.05< p-value <= 0.10,   the estimated coefficient is statistically significant at 10% level.

(iv)           P-value > 0.10,  the estimated coefficient is statistically insignificant.

On the other hand, for F-test, statistical significance up to 5% level is considered. Thus, While conducting F-test, when p-value> 0.05, we conclude that the computed-F is statistically insignificant.

Interpretation of Regression Results

On the basis of the results regression, it appears that Infant Mortality Rate (IMR) is negatively related to Female Literacy rate (FLIT). It is clear from the above results that a one-point increase in the value of FLIT would reduce IMR by nearly 1.07 points. Such a relationship appears to be statistically significant at the 1% level, which becomes clear from the statistical significance of the estimated slope coefficients. Further, the value R Square indicates that nearly 57 % of the total variation in IMR has been explained by FLIT alone, which is quite satisfactory. The fact that computed-F is also statistical significance indicates the statistical significance of computed-R Square.  So we can say that IMR in the states of India can be reduced by improving females education.


Thursday, April 15, 2021

How to Write Well

 Buy a copy of Strunk and White’s Elements of Style. Also, William Zinsser’s On Writing Well.

  Read them—again and again, and again. It will help in write well. Now these days writing skills is very needful in every sector. Write every day at least one page.  Thanks!

Movies

 

1 A Beautiful Mind

A fictionalised version of the life of John Nash, the mathematician who created game theory – which went on to become a major topic in economics research. Exploring both Nash's mathematical work and the schizophrenia that he suffered from, this film was a popular success as well as being highly rated by historians and those in the field of mathematics.

2 The Wolf of Wall Street

Another movie based on a true story, this one chronicles the rise and fall of Jordan Belfort, a stockbroker in the 80s who makes millions through fraud and corruption. Showing the wildest decadence of the Wall Street boom years, this movie was a hit with the public for its moral ambiguity and an all-star cast headed by Leonardo DiCaprio.

3 The Shawshank Redemption (1994)

The Shawshank Redemption tells the tale of banker Andy Dufresne's 19-year term in prison. The film gives a strong message of friendship and perseverance and lets us have an insight into the lives at Shawshank. The film just doesn't end with innocent Andy's escape but also his mate, Red's redemption making it an inspiring story of hope, faith and bonding.

 

4  The Pursuit of Happyness (2006)

The struggle of father Chris to provide a good future for his son is the inspiring plot of The Pursuit Of Happyness. The movie while highlighting the father and son bond also has the message of never giving up. Being evicted from their home and faced with financial difficulties both father and son encounter numerous struggles every day. Yet, the small bits of happiness they find in their togetherness provides a heartwarming plot for the film.

 

5 The Imitation Game

During World War II, the English mathematical genius Alan Turing tries to crack the German Enigma code with help from fellow mathematicians.

 6 The Man Who Knew Infinity

The Man Who Knew Infinity is 2015 British biographical drama film about the Indian mathematician Srinivasa Ramanujan, based on the 1991 book of the same name by Robert Kanigel.