Econometrics 2.0: How AI is Rewriting the Rules of Economic and Business Research
The future of Econometrics is AI-driven. Conventional statistical and econometric models though robust often struggle with scale and complexity of today’s data. Enter a NEW world of ECONOMETRICS 2.0 (a paradigm shift) powered by AI that combines Generative AI with statistical and econometric methods to tackle complex economic and business data with unmatched speed and precision to get deeper and sharper insights and predictions, leading to NEW WAYS of hypotheses testing and econometric analysis ENTIRELY different from the conventional framework.
Join us to master AI-powered econometric and statistical analysis in a hands-on, 2-hour workshop equipped with live demonstration using real world datasets. No prior AI expertise required—just bring your curiosity and a laptop!
Who Should Attend: The workshop is open to graduate researchers, academicians and practitioners in Economics, Finance, Business and related fields.
Key topics:
- Automate Statistical Data Preprocessing (clean data with AI-driven tools to save time, reduce errors and ensure data quality for robust analysis)
- AI-Driven Statistical and Econometric Modeling and Inferences (use AI’s creativity to build AI-augmented regression models—linear as well as non-linear)
- Interpret AI-enhanced Results (interpretation of results with econometric rigor to avoid ‘black-box’ pitfalls).
- Visualizing Statistical Insights (create publication ready AI-assisted graphs)
Requirements:
- Participants are required to bring their laptops.