Econometric modeling in Liberia must account for the unique dynamics of the Liberian Dollar (LRD) and US Dollar (USD) circulation; techniques like Vector Autoregression (VAR) are essential for understanding how exchange rate shocks pass through to local inflation.
Accra, Ghana
Applied Economics, Policy, and Financial Modelling
Econometrics Techniques Training Course
West Africa's innovation gateway — where heritage, hospitality, and tech training converge
5 Days
Duration
In-Person
Delivery
12 Dates
Available
Certificate
Included
Master econometrics techniques to build credible models, test assumptions, and produce decision-ready analysis through hands-on applied workflows.
Upcoming In-Person Schedules in Accra
Reserve Your Spot Today — Pay When You're Ready!
| Code | Start Date | End Date | Duration | Fee | |
|---|---|---|---|---|---|
| ECT-01 | Mon - Fri (5 Days) | USD 3,800 | Reserve my seat → Register my team → | ||
| ECT-01 | Mon - Fri (10 Days) | USD 7,900 | Reserve my seat → Register my team → | ||
| ECT-01 | Mon - Fri (10 Days) | USD 7,900 | Reserve my seat → Register my team → | ||
| ECT-01 | Mon - Fri (10 Days) | USD 7,900 | Reserve my seat → Register my team → | ||
| ECT-01 | Mon - Fri (10 Days) | USD 7,900 | Reserve my seat → Register my team → | ||
| ECT-01 | Mon - Fri (10 Days) | USD 7,900 | Reserve my seat → Register my team → |
Here's What You'll Learn
Each module tackles real challenges you face in your role
1
Econometrics Foundations and Model Logic
2
Data Preparation and Diagnostics
3
Ordinary Least Squares Estimation
4
Regression Assumption Testing
5
Panel Data Methods
6
Time-Series Econometrics and Forecasting
7
Applied Reporting and Decision Support
Market-specific guidance for Liberia
A country-aware view of the pressures, proof points, and practical tools that shape how this course applies locally.
Tools and platforms relevant to this field
4Field-relevant examples that may be featured in training where they support the confirmed scope. Exact coverage depends on participant needs and delivery format.
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Stata StataCorpThe primary software used by the Central Bank of Liberia and the World Bank for complex regression analysis and time-series modeling.
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CSPro U.S. Census BureauStandard tool used by LISGIS for data entry and editing during national censuses and household surveys.
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SPSS Statistics IBMWidely used by the Liberia Institute of Statistics and Geo-Information Services (LISGIS) for social science data analysis and survey reporting.
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EViews S&P GlobalCommonly employed by financial analysts in Monrovia for forecasting and econometric estimation of macroeconomic variables.
Real-World Case Studies from Liberia
2-
Determinants of Inflation in Liberia: ARDL Bounds Testing 2020Central Bank of Liberia (CBL)
Researchers at the CBL applied Autoregressive Distributed Lag (ARDL) models to identify the long-run drivers of inflation, specifically analyzing the impact of money supply and international oil prices on the Liberian economy.
The study provided empirical evidence that supported the demonetization of old banknotes to improve monetary policy transmission and stabilize the exchange rate.
View source -
Global Agriculture and Food Security Program (GAFSP) Impact Evaluation 2023World Bank / Ministry of Agriculture
An impact evaluation using randomized assignment and household survey data was conducted to measure the effectiveness of seed and tool distribution on modern farming adoption among Liberian youth.
The econometric analysis enabled the identification of specific barriers to technology adoption, informing the design of the Rural Economic Transformation Project (RETRAP).
View source
Training visit intelligence for Accra
Practical notes for confirmed delegates: arrival, venue expectations, after-class options, and on-the-ground considerations.
Optional after-class stops
8
heritage
Kwame Nkrumah Memorial Park and Mausoleum
Memorial park and museum honouring Ghana's first president and independence leader, set in landscaped gardens with fountains in central Accra.
heritage
Independence Square (Black Star Square)
Vast public plaza featuring the Independence Arch and Black Star Gate, a powerful symbol of Ghana's 1957 independence from Britain.
culture
Jamestown
Historic 17th-century neighbourhood with colonial-era architecture, a colourful fishing harbour, the Jamestown Lighthouse, and vibrant street art.
food
Makola Market
Accra's sprawling central market offering fabrics, fresh produce, street food, and handmade crafts — an immersive window into everyday Ghanaian life.
culture
National Museum of Ghana
Located on Barnes Road, the museum showcases Ghana's prehistoric heritage, local crafts, and cultural history through well-curated exhibits.
culture
W.E.B. Du Bois Center
Cultural and research centre dedicated to Pan-Africanism, housed in the former home and final resting place of the African-American scholar and activist.
leisure
Labadi Beach
Accra's most popular beach, known for live drumming, horseback rides, grilled seafood, and energetic weekend vibes along the Atlantic coast.
nature
Aburi Botanical Gardens
A peaceful 19th-century garden retreat in the Akwapim Hills just outside Accra, featuring tropical plants, walking trails, and cool hilltop breezes.
Local demand signals 5
Sector-level context showing where this capability is relevant in Accra.
Fintech & Mobile Money
Ghana's mobile money ecosystem is one of the largest in West Africa. Delegates in governance, risk, or digital-payments training benefit from proximity to regulators and fintech innovators.
Technology & Innovation Hubs
Accra hosts over 100 innovation hubs and incubators. Tech-focused delegates can visit co-working spaces, accelerators, and the Google AI Ghana research centre for real-world context.
Agritech
Agriculture remains central to Ghana's economy, and Accra-based agritech startups are applying data and mobile platforms to improve supply chains and farmer livelihoods.
Healthtech & Pharmaceuticals
mPharma, headquartered in Accra, operates across multiple African countries, making the city relevant for delegates studying health-sector innovation and supply-chain management.
International Trade & Policy
The AfCFTA Secretariat is headquartered in Accra, making the city a focal point for delegates studying trade policy, cross-border commerce, and continental economic integration.
Training venue
Accra offers a range of international-standard hotels and conference facilities in areas such as Airport City, Cantonments, and East Legon, suitable for professional training events. Venues typically provide air-conditioned meeting rooms, AV equipment, and catering services.
Getting there
Kotoka International Airport (ACC) is Accra's sole international airport, located approximately 10 km from the city centre. Taxis, ride-hailing apps (Uber and Bolt operate in Accra), and hotel shuttle services are the most reliable transfer options; allow extra time for traffic congestion, especially during morning and evening rush hours.
Visa
Liberia passport holders can enter Ghana visa-free for stays up to 90 days under the ECOWAS arrangement, so a 5-day professional training trip to Accra does not need a visa if the traveler is only entering as a Liberian citizen.
Safety
Accra is generally considered one of the safer capital cities in West Africa; however, delegates should exercise normal urban precautions — avoid displaying valuables, use reputable transport, and stay aware of surroundings in crowded markets. Carry a copy of your passport and Yellow Fever vaccination certificate at all times.
Internet
Reliability: average
Weather year-round
- Apr 33/26°C The warmest month; onset of the rainy season with increasing humidity (78%) and afternoon showers.
- Jan 32/25°C Hot and dry with low humidity (73%); the driest month with minimal rainfall. Harmattan haze possible.
- Jul 29/24°C Cooler and overcast; mid-year dry break between the two rainy peaks. High humidity (87%) but less rain than June.
- Oct 31/24°C Second rainy season with moderate showers (approx. 145 mm); warm and humid (82%).
Where this course runs
Econometrics Techniques Training is delivered in the cities below — pick the one that fits your schedule.
