2 days National Level Workshop on Applied Econometrics
28th & 29th September 2018
The Department of Economics, Kristu Jayanti College organized a two day national level workshop on “Applied Econometrics” on 28th and 29 September, 2018. The inauguration took place in Conference Hall, PG Block with Dr T Rajendra Prasad, Professor and Chairman, Department of Economics, Bangalore University, as the chief guest who emphasized on the critical importance of Statistics and Econometrics in research and Economics as a whole. Rev. Fr. Josekutty P D, Principal, Prof. Neeta Dwivedi, Coordinator, Department of Economics, and Prof Vinoda Devi, Faculty Coordinator of the workshop were also on the dais.
After the inauguration, participants inclusive of faculties, students and budding researchers from all over India along with students of MA Economics were provided with hands on experience on operating an open source statistical package for Econometrics named Gretl by two eminent resource persons Dr. Nelson Michael, faculty member, School of Management, Kristu Jayanti College and Dr. Jyothi Manoj, Faculty member, Department of Statistics, Kristu Jayanti College, who through their experience explained the application of Gretl. In 2 days workshop, the hands on training were given on some specialized econometric methods like Cointegration, Error Correction Model, Multiple Regression Analysis, ARIMA and Granger Causality Test.
The valedictory session was presided over by Rev. Fr. Josekutty P D, Principal, Kristu Jayanti College, who expressed his overwhelming satisfaction on the organization and success of the workshop. The participants through their feedback expressed their satisfaction in understanding the econometrical tools due to special care taken by the resource persons.
“FOREX FOR YOU”
“Wisdom is not a product of schooling but of the lifelong attempt to acquire it.” ― Albert Einstein
On August 4, 2018 Department of Economics was honored and pleased to organize a workshop on foreign exchange directed by the central institution of our country, The Reserve Bank of India. A team of ten officials from the Foreign Exchange Department, RBI had made the workshop into an insightful and auspicious occasion.
The workshop began with the inaugural function. Shri. P. J Thomas, the Regional Director of RBI, Bangalore graced the occasion as the Chief Guest in the inaugural function, while Shri. R Sudeep, General Manager, Foreign Exchange department, RBI, Bangalore was the Guest of Honour. Rev.Fr.Josukutty P.D, Principal, Kristu Jayanti College presided over the function.
Welcoming the Chief Guest and other dignitaries, Dr.Alosiyous Edward, Dean, Commerce and Management discussed about foreign exchange reserves and the current data pertaining to foreign exchange of India. An introductory session about the workshop was given by Shri. R. Sudeep.
In his presidential address Rev. Fr. Josukutty P.D, Principal, Kristu Jayanti College thanked the RBI officials for this opportunity and also congratulated the Department of Economics for organizing the event.
The workshop was officially inaugurated by the Chief Guest Shri. P. J Thomas which had an appreciative and well- informed knowledge about working of our economy and its adjustments for retaining the foreign reserves.
The first session was taken by Ms. Rashmi. R. Menon, Asst. General Manager, on the topic “Functions of RBI” which covered all the major functions and had gone through different departments of RBI and also mentioned about the job opportunities for the subject economics and its applied research. The second session was taken by Ms. Annie. M. Rajan, Asst Manager, on the topic “Forex Facilities” which had all the information regarding how the banks provide their facilities for FOREX and its functioning for NRIs. The third sessions was taken by Mr. B. R. Devanandan, Manager, on the topic “Foreign Investment and Foreign Trade”. This session explained the FEMA act and its rules and regulations. All the three sessions were very informative and students got their doubts cleared on the FOREX with specialized mentors from RBI.
The workshop was officially concluded by Prof. Neeta Dwivedi, Coordinator, Department of Economics, by extending the vote of thanks.