Course Detail
Course Description
Course | Code | Semester | T+P (Hour) | Credit | ECTS |
---|
ECONOMETRICS | ECO3171580 | Fall Semester | 3+0 | 3 | 5 |
Prerequisites Courses | |
Recommended Elective Courses | |
Language of Course | English |
Course Level | First Cycle (Bachelor's Degree) |
Course Type | Required |
Course Coordinator | Assist.Prof. Ayşe Saime DÖNER |
Name of Lecturer(s) | Prof.Dr. Mesut KARAKAŞ |
Assistant(s) | |
Aim | The aim of this course is to improve the level of statistical knowledge of the students to conduct advanced level of econometric analysis. |
Course Content | This course contains; Introduction,Statistical Concepts,An Overview of Regression Analysis,Ordinary Least Squares,Use of Regression Analysis,The Classical Model (Part 1),The Classical Model (Part 2),Choosing the Independent Variables,Choosing the Independent Variables,Choosing a Functional Form,Multicollinearity/Serial Correlation,Heteroscedasticity,Time Series Models (Part 1),Time Series Models (Part 2). |
Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
1. Will be able to analyze economic data via regression analysis. | 12, 6, 9 | A |
1.1 Explains the linear relationship between variables. | | |
1.2 Uses regression analysis as a tool to develop econometric models. | | |
1.3 Prepares a suitable dataset to accomplish an empirical analysis. | | |
2. Will be able to interpret and evaluate the outcomes of an empirical analyses. | 12, 6, 9 | A |
2.1 Performs statistical tests for parameter significance. | | |
2.2 Interprets the effects of independent variables on the dependent variable. | | |
2.3 Determines the goodness of the fit of a regression analysis. | | |
2.4 Prepares reports on empirical analyses. | | |
3. Will be able to perform elementary procedures by means of statistical/econometrics packages. | 17, 6, 9 | A |
3.1 Uses Eviews/Stata software to run models. | | |
3.2 Performs statistical tests to understand whether assumptions of classical regression are satisfied. | | |
3.3 Interprets outputs of statistical/econometrics packages. | | |
4. Will be able to conduct research by using econometric techniques. | 14, 9 | A |
4.1. Tests current theories. | | |
4.2. Investigates relationships between macroeconomic variables by using time-series techniques. | | |
5. Will be able to make policy recommendations based on empirical evidence | 9 | A |
5.1. Evaluates the relations between variables in terms of economic policies. | | |
5.2. Makes predictions about which factors/policies might be more effective | | |
Teaching Methods: | 12: Problem Solving Method, 14: Self Study Method, 17: Experimental Technique, 6: Experiential Learning, 9: Lecture Method |
Assessment Methods: | A: Traditional Written Exam |
Course Outline
Order | Subjects | Preliminary Work |
---|
1 | Introduction | |
2 | Statistical Concepts | |
3 | An Overview of Regression Analysis | |
4 | Ordinary Least Squares | |
5 | Use of Regression Analysis | |
6 | The Classical Model (Part 1) | |
7 | The Classical Model (Part 2) | |
8 | Choosing the Independent Variables | |
9 | Choosing the Independent Variables | |
10 | Choosing a Functional Form | |
11 | Multicollinearity/Serial Correlation | |
12 | Heteroscedasticity | |
13 | Time Series Models (Part 1) | |
14 | Time Series Models (Part 2) | |
Resources |
Text Book: A. H. Studenmund, “Using Econometrics: A Practical Guide”, Global Edition, 6/E ISBN: 9781292154091 |
Additional Book: P. E. Kennedy, "A Guide to Econometrics", Fifth Edition, ISBN: 9780262611831 |
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications |
No | Program Qualification | Contribution Level |
1 | 2 | 3 | 4 | 5 |
1 | (S)he describes theoretical knowledge in economics and finance. | | | | | X |
2 | (S)he explains mathematical and statistical methods needed for economics and finance. | | | | | X |
3 | (S)he uses at least one computer program utilized for economic and financial analyses (SPSS, Eviews, STATA, R ve MATLAB). | | | | | X |
4 | (S)he has the foreign language proficiency necessary for economics and finance. | | | | | |
5 | (S)he develops projects in the field and handles team work. | | | | | X |
6 | (S)he develops (her) his awareness of lifetime learning, follows the developments in (her) his field and adopts a critical approach. | | | | | |
7 | (S)he uses theoretical and practical knowledge on economics and finance. | | | | | X |
8 | (S)he delivers (her) his opinions by making effective use of modern technologies and of at least one foreign language at a minimum level of level C1. | | | | | |
9 | (S)he adopts and uses organizational, corporate and social ethical values. | | | | | |
10 | (S)he adopts principles of social responsibility and acts whenever needed in light of social service sensitivity. | | | | | |
11 | (S)he analyzes and uses basic knowledge and data regarding different disciplines to conduct inter-disciplinary studies. | | | | | X |
12 | (S)he benefits from (her) his proficiency in economics and finance to make policy suggestions and contribute to the field. | | | | | |
Assessment Methods
Contribution Level | Absolute Evaluation |
Rate of Midterm Exam to Success | | 40 |
Rate of Final Exam to Success | | 60 |
Total | | 100 |
ECTS / Workload Table |
Activities | Number of | Duration(Hour) | Total Workload(Hour) |
Course Hours | 14 | 3 | 42 |
Guided Problem Solving | 0 | 0 | 0 |
Resolution of Homework Problems and Submission as a Report | 5 | 10 | 50 |
Term Project | 0 | 0 | 0 |
Presentation of Project / Seminar | 0 | 0 | 0 |
Quiz | 0 | 0 | 0 |
Midterm Exam | 1 | 28 | 28 |
General Exam | 1 | 30 | 30 |
Performance Task, Maintenance Plan | 0 | 0 | 0 |
Total Workload(Hour) | 150 |
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(150/30) | 5 |
ECTS of the course: 30 hours of work is counted as 1 ECTS credit. |
Detail Informations of the Course
Course Description
Course | Code | Semester | T+P (Hour) | Credit | ECTS |
---|
ECONOMETRICS | ECO3171580 | Fall Semester | 3+0 | 3 | 5 |
Prerequisites Courses | |
Recommended Elective Courses | |
Language of Course | English |
Course Level | First Cycle (Bachelor's Degree) |
Course Type | Required |
Course Coordinator | Assist.Prof. Ayşe Saime DÖNER |
Name of Lecturer(s) | Prof.Dr. Mesut KARAKAŞ |
Assistant(s) | |
Aim | The aim of this course is to improve the level of statistical knowledge of the students to conduct advanced level of econometric analysis. |
Course Content | This course contains; Introduction,Statistical Concepts,An Overview of Regression Analysis,Ordinary Least Squares,Use of Regression Analysis,The Classical Model (Part 1),The Classical Model (Part 2),Choosing the Independent Variables,Choosing the Independent Variables,Choosing a Functional Form,Multicollinearity/Serial Correlation,Heteroscedasticity,Time Series Models (Part 1),Time Series Models (Part 2). |
Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
1. Will be able to analyze economic data via regression analysis. | 12, 6, 9 | A |
1.1 Explains the linear relationship between variables. | | |
1.2 Uses regression analysis as a tool to develop econometric models. | | |
1.3 Prepares a suitable dataset to accomplish an empirical analysis. | | |
2. Will be able to interpret and evaluate the outcomes of an empirical analyses. | 12, 6, 9 | A |
2.1 Performs statistical tests for parameter significance. | | |
2.2 Interprets the effects of independent variables on the dependent variable. | | |
2.3 Determines the goodness of the fit of a regression analysis. | | |
2.4 Prepares reports on empirical analyses. | | |
3. Will be able to perform elementary procedures by means of statistical/econometrics packages. | 17, 6, 9 | A |
3.1 Uses Eviews/Stata software to run models. | | |
3.2 Performs statistical tests to understand whether assumptions of classical regression are satisfied. | | |
3.3 Interprets outputs of statistical/econometrics packages. | | |
4. Will be able to conduct research by using econometric techniques. | 14, 9 | A |
4.1. Tests current theories. | | |
4.2. Investigates relationships between macroeconomic variables by using time-series techniques. | | |
5. Will be able to make policy recommendations based on empirical evidence | 9 | A |
5.1. Evaluates the relations between variables in terms of economic policies. | | |
5.2. Makes predictions about which factors/policies might be more effective | | |
Teaching Methods: | 12: Problem Solving Method, 14: Self Study Method, 17: Experimental Technique, 6: Experiential Learning, 9: Lecture Method |
Assessment Methods: | A: Traditional Written Exam |
Course Outline
Order | Subjects | Preliminary Work |
---|
1 | Introduction | |
2 | Statistical Concepts | |
3 | An Overview of Regression Analysis | |
4 | Ordinary Least Squares | |
5 | Use of Regression Analysis | |
6 | The Classical Model (Part 1) | |
7 | The Classical Model (Part 2) | |
8 | Choosing the Independent Variables | |
9 | Choosing the Independent Variables | |
10 | Choosing a Functional Form | |
11 | Multicollinearity/Serial Correlation | |
12 | Heteroscedasticity | |
13 | Time Series Models (Part 1) | |
14 | Time Series Models (Part 2) | |
Resources |
Text Book: A. H. Studenmund, “Using Econometrics: A Practical Guide”, Global Edition, 6/E ISBN: 9781292154091 |
Additional Book: P. E. Kennedy, "A Guide to Econometrics", Fifth Edition, ISBN: 9780262611831 |
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications |
No | Program Qualification | Contribution Level |
1 | 2 | 3 | 4 | 5 |
1 | (S)he describes theoretical knowledge in economics and finance. | | | | | X |
2 | (S)he explains mathematical and statistical methods needed for economics and finance. | | | | | X |
3 | (S)he uses at least one computer program utilized for economic and financial analyses (SPSS, Eviews, STATA, R ve MATLAB). | | | | | X |
4 | (S)he has the foreign language proficiency necessary for economics and finance. | | | | | |
5 | (S)he develops projects in the field and handles team work. | | | | | X |
6 | (S)he develops (her) his awareness of lifetime learning, follows the developments in (her) his field and adopts a critical approach. | | | | | |
7 | (S)he uses theoretical and practical knowledge on economics and finance. | | | | | X |
8 | (S)he delivers (her) his opinions by making effective use of modern technologies and of at least one foreign language at a minimum level of level C1. | | | | | |
9 | (S)he adopts and uses organizational, corporate and social ethical values. | | | | | |
10 | (S)he adopts principles of social responsibility and acts whenever needed in light of social service sensitivity. | | | | | |
11 | (S)he analyzes and uses basic knowledge and data regarding different disciplines to conduct inter-disciplinary studies. | | | | | X |
12 | (S)he benefits from (her) his proficiency in economics and finance to make policy suggestions and contribute to the field. | | | | | |
Assessment Methods
Contribution Level | Absolute Evaluation |
Rate of Midterm Exam to Success | | 40 |
Rate of Final Exam to Success | | 60 |
Total | | 100 |
Numerical Data
Ekleme Tarihi: 09/10/2023 - 08:45Son Güncelleme Tarihi: 09/10/2023 - 08:48
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