Econometric Laboratory
The operation of the laboratory focuses on the formation of research potential based on the application of modern econometric methods in the study of current economic problems. The Econometric Laboratory at the Department of Economics, Faculty of Social Sciences and Humanities, is to facilitate undergraduates provide facilities for Econometrics analysis of the undergraduates who are in both Special and General degree programme.
In addition to this broader objective, the Econometric Laboratory focuses on the following objectives.
- To provide an advanced network of computerized workplace equipped with specialized software and databases that assist in the development of scientific research and practical training in the Faculty.
- To provide opportunities for undergraduates to enhance their computer-based econometrics analysis.
- To provide direct access to the National and International databases.
- To provide practical experience in survey data analysis.
- To provide an opportunity for Citation manager software, plagiarism check software for improving the quality of undergraduate research activities.
Events
- Workshop on Methods of Survey Research and survey data analysis using SPSS
- Short course on Applied Econometrics: Practical Approach using E-Views software.”
Soft-Skilled Laboratory
The Softskill lab was established under the HETC- IDAS project, and this activity aimed to strengthen undergraduates Soft Skills through Soft Skills Lab. The Soft Skills Lab enables the student to gain amazing ability in dealing with various on-the-job situations. The multiple activities done in the class allows for the student to overcome lack of confidence, stage fear, and shyness and to build a strong personality. The Soft skill labs designed to provide strong practical orientation to the students to develop their communication, interpersonal and leadership skills to increase the employment marketability and to compete successfully in the business environment. Focal areas to be addressed were as follows.
- Written and Spoken Communication
- Personality Development
- Interview Etiquettes
- Group Discussion
- Analytical Skills
- Creative Thinking
- Conflict Management
- Team Management
Data Analysis Unit (DAU)
The main objective of establishing the Data Analysis Unit at the Department of Economics, Faculty of Social Sciences and Humanities, is to facilitate undergraduates (Both Special and General degree programme) for their data analysis. Students, Faculty and staff within the Faculty of Social Sciences and Humanities seeking help with course assignments and research projects are encouraged to make use of the Unit.
In addition to this broader objective, the data analysis unit focuses on the following objectives.
- To assist with issues related to quantitative and qualitative research design and data analysis.
- To provide practical experience in survey data analysis.
- To provide opportunities for undergraduates to enhance their computer-based data analysis skills.
Events
- Workshops on Data Analysis Using SPSS
- Short courses on Data Analysis using SPSS
- Short courses on Data analysis using E-Views
Business Incubator Unit (BIU)
Business Incubator Unit (BIU) The main objective of establishing the Business Incubator Unit at the Department of Social Sciences, Faculty of Social Sciences and Humanities, is to inspire the interest among final year (both General and Special Degree Programs) undergraduates of the Faculty to take their first steps as entrepreneurs or start-up new business ventures upon graduation. In the long-run, this incubator will lead to develop and cultivate an entrepreneurial culture where Rajarata University of Sri Lanka can produce Small & Medium Enterprises (SMEs) in the regional economy and at the national level. It will further facilitate to address the unemployment issue in the economy while significantly contributing to the economic growth. In addition to its broader objective, the business incubator will focus on following points: To provide opportunities for undergraduates to learn the basic tools of business— identification of a potential business, planning of business, writing up a business proposal, sourcing of start-up finance, conducting market research, strategies of sales and marketing, and study good practices and models for effective graduate-focused business incubation. To provide opportunities for undergraduates to learn lessons from progressive entrepreneurs on how business ideas emerge, how they identify the business opportunities in the economy, the challenges they face, and the success and failure factors of a new business. To provide opportunities for undergraduates to discuss the existing business opportunities (potential business areas) in the economy and discuss their business ideas with business advisors or experts in the field. To provide opportunities for undergraduates to identify and form links with existing institutions and programs that support to establish and develop a new business in the economy.
Organized events
Workshop on entrepreneurship for undergraduates – the Department organized a workshop on entrepreneurship for undergraduates on 6th and 7th June 2020 with the collaboration of University Business Linkage Cell. About 200 students participated in the workshop. Mr. Tharaka Amarasena – Manager of Colombo Stock Exchange, Anuradhapura Branch was the resource person.
