Using Time Series Forecasting for Analysis of GDP Growth in India

Abstract

Gross Domestic Product is one of the most important economic indicators of the country and its positive or negative growth indicates the economic development of the country. It is calculated quarterly and yearly at the end of the financial year. The GDP growth of India has seen fluctuations from last few decades after independence and reached as high as 10.25 in 2010 and declined to low of -5.23 in 1979. The GDP growth has witnessed a continuous decline in the past five years, taking it from 8.15 in 2015 to 1.87 in 2020.The lockdown imposed in the country to curb the spread of COVID-19 has caused massive slowdown in the economy of the country by affecting all major contributing sectors of the GDP except agricultural sector. To keep on track on the GDP growth is one of the parameters for deciding the economic policies of the country. In this study, we are analyzing and forecasting the GDP growth using the time series forecasting techniques Prophet and Arima model. This model can assist policy makers in framing policies or making decisions.

Effect of Teachers Problems in Using Digital Resources on Mathematical Content Instruction Online

“…Similarly, content surfing and development are significant predictors to the Algebra hence additional training on developing such skills are needed to the teachers of secondary level teacher for teaching Algebra online effectively. The results of the survey conducted by Mubasher Hassan et al (2020) indicate that teachers are facing technical difficulties in using online platforms for delivery of instruction as well as in creating econtent due to their lack of computer skills required for online teaching as well as creating digitalized material for teaching.…”

“…Although the online mode was already in place and was used in blended form to a significant extent in developed countries, in developing countries like Nepal, teachers have lack of l knowledge and skills to manage the online ICT infrastructure in a challenging situation because they are not familiar with online platforms/tools. Hence, it is necessary to focus on the digital literacy skills, proper guidelines or trainings on the use of online tools/platforms for online teaching and e-content creation for professional development (Mubasher Hassan et al, 2020).…”