Hyderabad: The 6th International Conference on Applied Econometrics was organised by ICFAI Business School (IBS) in collaboration with The Indian Econometric Society (TIES) recently. The conference was inaugurated by Dr C Rangarajan, former chairman of Economic Advisory Council to the Prime Minister, & former Governor of Reserve Bank of India.
ICFAI conducts 6th international meet on Applied Econometrics
In his inaugural address, Dr RangarajanChancellor of the ICFAI Foundation for Higher Education, Hyderabad, a deemed-to-be University, highlighted the relevance of econometrics as an applied discipline, to governments & businesses. Describing it as a confluence of mathematics, economics & statistics, he traced its rapid progress since the World War - II owing to the challenges of economic policy.
Speaking on the occasion, Prof J Mahender Reddy, Vice-Chancellor of The ICFAI Foundation for Higher Education (IFHE), explained the efforts being made by his institution in evolving socially relevant curriculums for higher education which support industry-academia interaction. For over a decade now, the IFHE has been encouraging goal-oriented research programs in all functional areas of management science by supporting committed PhD scholars towards successful careers in management education. The study of econometric models has played a pivotal role in this endeavor, which is why the IFHE campus is the appropriate venue for holding this conference.
The two day conference witnessed a wide spectrum of scholars across different specializations like agricultural economics, development economics, public policy, & industrial economics. About 60 delegates attended the conference and 25 scholars presented papers on diverse fields of economics.