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Information
| Code | IEM722 |
| Name | Limited Dependent Variables Models II |
| Term | 2023-2024 Academic Year |
| Term | Fall and Spring |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Yüksek Lisans Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. SEDA ŞENGÜL |
| Course Instructor |
1 |
Course Goal / Objective
This course is the second part of a two semester sequence designed to provide students with basic concepts and methods in limited dependent variable models.The aim of this course to teach the problem of censoring, censored and truncated distributions, Sample selection, Tobit, Heckman, Double Hurdle models .By the end of the semester students are expected to have a working knowledge of limited dependent variable models and to be able to apply them in a suitable programming language.Students are also expected to be able to interpret the result. obtained.
Course Content
The contents of this course are models like censored and truncated distributions, truncated and censored samples, truncated regression, censored regression, tobit model, heckman model, double hurdle model
Course Precondition
No prerequisites are required.
Resources
D. Gujarati "Introduction to Econometrics"
Notes
Lectures
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Students comprehend truncated and censored distributions. |
| LO02 | Students can apply goodness of fit tests for models with limited dependent variables. |
| LO03 | Students comprehend and apply models with limited dependent variables. |
| LO04 | Students apply models with limited dependent variables in a suitable programming language. |
| LO05 | Students interpret the results of the analysis on limited dependent models. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explains contemporary concepts about Econometrics, Statistics, and Operation Research | 4 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Explains relationships between acquired knowledge about Econometrics, Statistics, and Operation Research | 3 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Explains how to apply acquired knowledge in the field to Economics, Business, and other social sciences | 3 |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Performs conceptual analysis to develop solutions to problems | 2 |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Models problems with Mathematics, Statistics, and Econometrics | 1 |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | Interprets the results obtained from the most appropriate method to predict the model | 1 |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Synthesizes the information obtained by using different sources within the framework of academic rules in a field that does not research | 2 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Uses acquired knowledge in the field to determine the vision, aim, and goals for an organization/institution | 5 |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Searches for new approaches and methods to solve problems being faced | 4 |
| PLO10 | Beceriler - Bilişsel, Uygulamalı | Presents analysis results conveniently | 2 |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Collects/analyzes data in a purposeful way | 3 |
| PLO12 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Converts its findings into a master's thesis or a professional report in Turkish or a foreign language | 3 |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Develops solutions for organizations using Econometrics, Statistics, and Operation Research | 1 |
| PLO14 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Performs an individual work to solve a problem with Econometrics, Statistics, and Operation Research | 2 |
| PLO15 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Leads by taking responsibility individually and/or within the team | |
| PLO16 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, it constantly renews itself by following the current developments in the field of study | 1 |
| PLO17 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses a package program of Econometrics, Statistics, and Operation Research or writes a new code | 1 |
| PLO18 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Interprets the feelings, thoughts and behaviors of the related persons correctly/expresses himself/herself correctly in written and verbal form | |
| PLO19 | Yetkinlikler - Alana Özgü Yetkinlik | Interprets data on economic and social events by following current issues | |
| PLO20 | Yetkinlikler - Alana Özgü Yetkinlik | Applies social, scientific and professional ethical values |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | The problem of censored data | Reading related sources | Öğretim Yöntemleri: Anlatım |
| 2 | Truncated and censored distributions | Reading related sources | Öğretim Yöntemleri: Anlatım |
| 3 | Truncated regression | Reading related sources | Öğretim Yöntemleri: Anlatım |
| 4 | Censored regression | Reading related sources | Öğretim Yöntemleri: Anlatım |
| 5 | Tobit Model | Reading related sources | Öğretim Yöntemleri: Anlatım |
| 6 | Tobit Modeln (II) | Reading related sources , problem set and application | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 7 | The Characteristics of Double Hurdle Model | Reading related sources | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | Ölçme Yöntemleri: Yazılı Sınav |
|
| 9 | To compare Double Hurdle model with Tobit Model | Reading related sources | Öğretim Yöntemleri: Anlatım |
| 10 | Independent and Dependent Double Hurdle Models | Reading related sources and application | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 11 | Independent and Dependent Double Hurdle Models (II) | Reading related sources and application | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 12 | Infrequency of purchase model | Reading related sources and application | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 13 | Heckman Model | Reading related sources and application | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 14 | Heckman Model (II) | Reading related sources and application | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 15 | Review of Limited Dependent Variable models | Reading related sources and application | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 16 | Term Exams | Ölçme Yöntemleri: Yazılı Sınav |
|
| 17 | Term Exams | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 5 | 70 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 15 | 15 |
| Final Exam | 1 | 30 | 30 |
| Total Workload (Hour) | 157 | ||
| Total Workload / 25 (h) | 6,28 | ||
| ECTS | 6 ECTS | ||