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EViews 12 Student Version Lite: A Free and Easy Way to Learn Econometrics



EViews 12 Student Version Free Download




If you are looking for a free and easy way to learn econometrics and data analysis using a modern software package, you may want to try EViews 12 Student Version Lite. In this article, we will introduce you to EViews 12, its features, editions, and how to download the free student version. We will also show you some examples of how to use EViews 12 Student Version Lite for your academic projects.




eviews 12 student version free download




What is EViews 12?




EViews stands for Econometric Views, which is a software program that offers powerful statistical, forecasting, and modeling tools within a flexible, easy-to-use interface. It was developed by IHS Global Inc., and has been widely used by academic researchers, corporations, government agencies, and students since its first release in 1994.


EViews 12 is the latest version of EViews, which was released in August 2020. It has many new features and improvements that make it more user-friendly, efficient, and versatile than ever before. Some of the new features include:


  • Data handling: EViews 12 supports more data formats, such as Tableau, HTML, ODBC databases, Excel files with multiple sheets or tables, etc. It also allows you to create new workfile pages from values and dates in existing series, match merge or join workfiles by common identifiers or dates, subset or resize workfiles by observation range or frequency conversion.



Database support: EViews 12 provides direct access to various online databases, such as FRED, DBNomics, World Bank EViews 12 also has different editions that cater to different needs and budgets. The Standard Edition offers the basic features of EViews 12 for general data analysis and econometric modeling. The Enterprise Edition adds more flexibility and functionality to connect to different data sources, such as third-party data vendors, ODBC databases, or proprietary data formats. The Enterprise Edition also supports COM automation and Excel add-in for integration with other applications. The University Edition is a discounted version of the Enterprise Edition that is available for faculty and enrolled students for academic purposes. The University Edition has the same features as the Enterprise Edition, but has some limitations on the number of observations, objects, and workfile pages that can be handled. The Student Version Lite is a free version of the University Edition that is available for students to complete their course work. The Student Version Lite has the same features as the University Edition, but has more restrictions on the number of observations, objects, and workfile pages that can be handled, and does not allow saving or exporting data or results.


How to Download EViews 12 Student Version Lite?




If you are interested in trying out EViews 12 Student Version Lite, you can follow these steps to request and download it for free. Note that the Student Version Lite is only available for one year, one request, and 64-bit devices.


System Requirements




Before you download EViews 12 Student Version Lite, you should make sure that your computer meets the minimum and recommended system requirements for running it. Here are the system requirements for Windows and Mac operating systems:


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Windows


Mac (OSX Catalina and newer)


Minimum Requirements


- Windows 7 or newer- Intel Pentium or compatible processor- 512 MB RAM- 400 MB free disk space- Internet connection for registration and updates


- OSX Catalina/10.15 or newer- Intel processor- 512 MB RAM- 400 MB free disk space- Internet connection for registration and updates


Recommended Requirements


- Windows 10- Intel Core i5 or better processor- 4 GB RAM or more- SSD drive with ample free disk space- High-speed Internet connection for database access and updates


- OSX Big Sur/11 or newer- Intel Core i5 or better processor- 4 GB RAM or more- SSD drive with ample free disk space- High-speed Internet connection for database access and updates


Request a Serial Number




To download EViews 12 Student Version Lite, you need to request a serial number first. You can do this by filling in a form on the EViews website. You will need to provide your name, email address, country, institution name, course name, instructor name, and instructor email address. You will also need to agree to the terms and conditions of using the Student Version Lite. After you submit the form, you will receive an email with your serial number and a link to download the installer.


Download the Installer




To download the installer for EViews 12 Student Version Lite, you can use the link provided in the email with your serial number. You can also visit the EViews website and choose between the Windows and Mac versions of the program. You will need to enter your serial number to start the download process. The installer file size is about 300 MB.


Install and Activate EViews 12 Student Version Lite




To install EViews 12 Student Version Lite, you need to run the installer file that you downloaded. You will need to accept the license agreement, choose a destination folder, and follow the instructions on the screen. After the installation is complete, you need to activate EViews 12 Student Version Lite. You can do this by running the program and entering your serial number when prompted. You will also need an Internet connection to complete the activation process.


How to Use EViews 12 Student Version Lite?




EViews 12 Student Version Lite is a great tool for learning and practicing econometrics and data analysis. You can use it to handle data, estimate models, generate forecasts, and present your results in a professional way. Here are some examples of how to use EViews 12 Student Version Lite for your academic projects.


Data Handling




One of the first steps in any data analysis project is to create a workfile, which is a container for your data and results. You can create a workfile by clicking on the File menu and choosing New/Workfile. You will need to specify the type, frequency, and range of your data. For example, if you have quarterly data from 2010 to 2020, you can choose Undated or irregular as the type, Quarterly as the frequency, and 2010Q1 2020Q4 as the range.


After you create a workfile, you can import data from various sources, such as Excel files, text files, online databases, etc. You can do this by clicking on the Proc menu and choosing Import/Read Text-Lotus-Excel. You will need to browse for the file that contains your data, and choose the options that match your data format. For example, if you have an Excel file with multiple sheets or tables, you can choose Read multiple sheets or tables, and select the sheets or tables that you want to import.


You can also perform data transformations using EViews 12 Student Version Lite. You can do this by clicking on the Quick menu and choosing Generate Series. You will need to enter a formula that defines the new series in terms of existing series or constants. For example, if you want to create a new series that is the natural logarithm of an existing series called GDP, you can enter LNGDP = LOG(GDP).


You can also use samples and frequency conversion to subset or resize your workfile. You can do this by clicking on the Sample menu and choosing Create Sample Group. You will need to enter a condition that defines the sample group in terms of dates or values. For example, if you want to create a sample group that only includes observations from 2015 to 2020, you can enter @DATE >= "2015" AND @DATE . You can also click on the Page menu and choose New Page/Frequency Conversion. You will need to specify the new frequency and the conversion method. For example, if you want to create a new page that converts your quarterly data to annual data using the average method, you can choose Annual as the new frequency and Average observations within period as the conversion method.


Estimation




One of the most common tasks in econometrics is to estimate a model using your data. You can do this using EViews 12 Student Version Lite. You can do this by clicking on the Quick menu and choosing Estimate Equation. You will need to enter an equation that specifies the dependent variable and the explanatory variables. For example, if you want to estimate a linear regression model of GDP growth as a function of inflation and unemployment, you can enter D(LNGDP) C INFL UNEMP, where D(LNGDP) is the first difference of LNGDP, C is a constant term, INFL is inflation, and UNEMP is unemployment.


After you estimate a model, you can perform post-estimation analysis and hypothesis testing using EViews 12 Student Version Lite. You can do this by clicking on the View, Proc, or Test menus in the equation window. You can choose from various options, such as viewing the coefficient covariance matrix, performing residual diagnostics, testing for serial correlation, heteroskedasticity, or stability, etc. For example, if you want to test whether inflation has a significant effect on GDP growth, you can click on the Test/Wald-Coefficient Restrictions, and enter C(3)=0, where C(3) is the coefficient of INFL.


Forecasting




Another common task in econometrics is to generate forecasts from an estimated model using EViews 12 Student Version Lite. You can do this by clicking on the Proc/Make Forecast in the equation window. You will need to specify the forecast sample, the forecast name, and the forecast options. For example, if you want to generate a one-step ahead dynamic forecast of GDP growth for 2021 using your estimated model, you can choose 2021Q1 2021Q4 as the forecast sample, GDPF as the forecast name, and Dynamic as the forecast option.


After you generate a forecast, you can evaluate its accuracy and confidence intervals using EViews 12 Student Version Lite. You can do this by clicking on the View/Forecast Evaluation in the forecast window. You can choose from various statistics, such as mean error, mean absolute error, root mean squared error, mean absolute percentage error, etc. You can also view the actual and forecast values, the forecast errors, and the confidence intervals in a table or a graph. For example, if you want to see a graph of the actual and forecast values of GDP growth with a 95% confidence interval, you can click on the View/Graph/Actual, Fitted, Forecast, and choose 95% as the confidence level.


Presentation




The final step in any data analysis project is to present your data and results in a professional way. You can do this using EViews 12 Student Version Lite. You can create graphs and tables from your data and results using EViews 12 Student Version Lite. You can do this by clicking on the Quick/Graph or Quick/Table menus in any window. You can choose from various types of graphs and tables, such as line graphs, bar charts, pie charts, scatter plots, histograms, frequency tables, summary statistics tables, etc. You can also customize your graphs and tables by changing the titles, labels, colors, fonts, etc.


You can also export your graphs and tables to other formats or applications using EViews 12 Student Version Lite. You can do this by clicking on the File/Save As or File/Copy As menus in any window. You can choose from various formats or applications, such as Excel files, text files, PDF files, Word documents, PowerPoint slides, etc. You can also copy your graphs and tables as images or metafiles to paste them into other documents.


Conclusion




In this article, we have introduced you to EViews 12 Student Version Lite, a free and easy way to learn econometrics and data analysis using a modern software package. We have shown you how to download the free student version of EViews 12, and how to use it for data handling, estimation, forecasting, and presentation. We hope that you have found this article helpful and informative. We recommend that you use EViews 12 Student Version Lite for your academic projects and assignments. If you want to learn more about EViews 12, you can visit the EViews website or check out the EViews User Guide.


FAQs




Here are some frequently asked questions and answers about EViews 12 Student Version Lite:


  • Q: What are the limitations of EViews 12 Student Version Lite?A: EViews 12 Student Version Lite has some limitations on the number of observations (1500), objects (60), workfile pages (4), series length (500), matrix rows/columns (50), coefficients (15), iterations (15), lag length (4), cointegrating vectors (1), etc. It also does not allow saving or exporting data or results.



  • Q: How long can I use EViews 12 Student Version Lite?A: EViews 12 Student Version Lite is only available for one year from the date of request. After that, you will need to request a new serial number to continue using it.



  • Q: Can I use EViews 12 Student Version Lite for commercial purposes?A: No, EViews 12 Student Version Lite is only for academic purposes. If you want to use EViews 12 for commercial purposes, you will need to purchase a license for EViews 12 Standard Edition or Enterprise Edition.



  • Q: How can I get help or support for EViews 12 Student Version Lite?A: You can get help or support for EViews 12 Student Version Lite by visiting the EViews Forum, where you can post your questions or issues and get answers from other users or EViews staff. You can also check out the EViews User Guide, which provides detailed instructions and examples on how to use EViews 12.



  • Q: What are the differences between EViews 12 Student Version Lite and EViews 12 University Edition?A: EViews 12 Student Version Lite and EViews 12 University Edition are both discounted versions of EViews 12 Enterprise Edition that are available for academic purposes. However, EViews 12 Student Version Lite has more limitations on the number of observations, objects, and workfile pages that can be handled, and does not allow saving or exporting data or results. EViews 12 University Edition has fewer limitations on the number of observations, objects, and workfile pages that can be handled, and allows saving or exporting data or results. However, EViews 12 University Edition is not free and requires a purchase.



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