TÜRKÇE
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Information
| Code | IEM1801 |
| Name | Econometric Theory I |
| Term | 2024-2025 Academic Year |
| Term | Fall and Spring |
| Duration (T+A) | 4-0 (T-A) (17 Week) |
| ECTS | 8 ECTS |
| National Credit | 4 National Credit |
| Teaching Language | Türkçe |
| Level | Doktora Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. HASAN ALTAN ÇABUK |
| Course Instructor |
Prof. Dr. MEHMET ÖZMEN
(A Group)
(Ins. in Charge)
Prof. Dr. SEDA ŞENGÜL (A Group) (Ins. in Charge) |
Course Goal / Objective
The aim of this course is to teach econometrics methods at an advanced level to the graduates of Econometrics, Mathematics or Statistics.
Course Content
In this course the topics of Econometrics definition, review of basic statistical concepts, simple linear regression model, multivariate regression analysis, deviations from classical assumptions, general linear model and regression determination tests will be covered.
Course Precondition
There are no prerequisites for the course.
Resources
Gujarati, D. N. & Porter, D. C. (2012). Temel ekonometri (Ü. Şenesen and G. Günlük Şenesen, Trans.). İstanbul: Literatür Publishing.
Notes
Wooldridge, J. M. (2019). Ekonometriye giriş-Modern yaklaşım (E. Ç. Akay, Trans.). Nobel Publishing.
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Explaining the concepts of econometrics |
| LO02 | Forming economic models with the economic infrastructure |
| LO03 | Modelling the encountered problems with the knowledge of mathematics, statistics and econometrics |
| LO04 | Developing the ability to analyze, compare, evaluate and interpret at a conceptual level to suggest solutions to problems |
| LO05 | Collecting data, analyzing in a suitable manner |
| LO06 | Using advanced-level package programs related to Econometrics, Statistics and Operations |
| LO07 | Using different sources within the framework of academic rules in an out-of-research area, presenting the obtained information in an effective manner via synthesizing them |
| LO08 | Questioning the traditional approaches and methods, developing new working methods when necessary |
| LO09 | Estimating the model consistently, analyzing and interpreting the results |
| LO10 | Defining the knowledge on Statistics, Operations Research and Mathematics |
| LO11 | Following current developments regarding the field as being aware of the necessity of lifelong learning, being in progress continuously |
| LO12 | Following current issues, interpreting data on economic and social events |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Identify an econometric problem and propose a new solution to it | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Develops new knowledge using current concepts in Econometrics, Statistics and Operations Research | 3 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Explain for what purpose and how econometric methods are applied to other fields and disciplines | 5 |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Using her knowledge, brings original solutions to problems in Economics, Business Administration and other social sciences | |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Creates a new model using mathematics, statistics and econometrics knowledge to solve the problem encountered | 5 |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | Interprets the results obtained from the most appropriate method to predict the model | |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Performs conceptual analysis to develop solutions to problems | 4 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Collects data on purpose | |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Synthesizes the information obtained by using different sources within the framework of academic rules in a field of research | 4 |
| PLO10 | Beceriler - Bilişsel, Uygulamalı | Presents analysis results conveniently | 5 |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Converts its findings into a master's thesis or a professional report in Turkish or a foreign language | |
| PLO12 | Beceriler - Bilişsel, Uygulamalı | It researches current approaches and methods to solve the problems it encounters and proposes new solutions | 4 |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Develops long-term plans and strategies using econometric and statistical methods | 4 |
| PLO14 | Beceriler - Bilişsel, Uygulamalı | Uses a package program/writes a new code for Econometrics, Statistics, and Operation Research | |
| PLO15 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Performs self-study using knowledge of Econometrics, Statistics and Operations to solve a problem | |
| PLO16 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Leads the team by taking responsibility | |
| PLO17 | 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 | 3 |
| PLO18 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses acquired knowledge in the field to determine the vision, aim, and goals for an organization/institution | |
| PLO19 | 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 | |
| PLO20 | Yetkinlikler - Alana Özgü Yetkinlik | Applies social, scientific and professional ethical values | |
| PLO21 | Yetkinlikler - Alana Özgü Yetkinlik | Interprets data on economic and social events by following current issues | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction and Introduction of the course | Gujarati & Porter (2012) - Temel ekonometri (Chapter 1) | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 2 | The Aim of Econometrics, and the Steps Followed in An Econometric Research | Gujarati & Porter (2012) - Temel ekonometri (Chapter 1) | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 3 | Simple Linear Regression Model (Two Variable Regression Model), Basis for Regression Estimation by Least Squares Method (OLS), Estimation of Coefficient, OLS assumptions, Hypothesis Testing, Regression and Analysis of Variance | Gujarati & Porter (2012) - Temel ekonometri (Chapters 2-3) | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Bireysel Çalışma, Problem Çözme |
| 4 | Multiple Regression Model, Meaning of Multiple Regression and Comparison with Simple Regression Estimation of Multiple Regression Equation | Gujarati & Porter (2012) - Temel ekonometri (Chapter 7) | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama, Soru-Cevap |
| 5 | Other Issues in Two Variable Regression Models, Regression through Origin Model, Nonlinear Regression Models | Gujarati & Porter (2012) - Temel ekonometri (Chapters 6-7) | Öğretim Yöntemleri: Anlatım, Problem Çözme, Alıştırma ve Uygulama |
| 6 | Other Tests in Single Equation Econometric Models, Model Selection Criteria | Gujarati & Porter (2012) - Temel ekonometri (Chapter 5) | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 7 | Definition and Tests of Normal Distribution | Gujarati & Porter (2012) - Temel ekonometri (Chapter 5) | Öğretim Yöntemleri: Anlatım, Tartışma, Alıştırma ve Uygulama |
| 8 | Mid-Term Exam | Studying the course content | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Meaning of Multicollinearity, OLS Estimates in the Case of Multicollinearity, Results of Multicollinearity, Detection, Remedial Measures | Gujarati & Porter (2012) - Temel ekonometri (Chapter 10) | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama, Grup Çalışması, Problem Çözme |
| 10 | The Meaning of Heteroscedasticity, OLS Estimates in the Case of Heteroscedasticity, Results of Heteroscedasticity, Detection, Remedial Measures | Gujarati & Porter (2012) - Temel ekonometri (Chapter 11) | Öğretim Yöntemleri: Anlatım, Tartışma, Alıştırma ve Uygulama |
| 11 | Meaning of autocorrelation, OLS estimations in the case of autocorrelation, the results revealed, the detection, Remedial Measures | Gujarati & Porter (2012) - Temel ekonometri (Chapter 12) | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Alıştırma ve Uygulama |
| 12 | Model building errors, specification errors, corrective measures in case of model building error | Gujarati & Porter (2012) - Temel ekonometri (Chapter 13) | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama, Tartışma |
| 13 | Explanation of simultaneous equation models and definition of identification | Gujarati & Porter (2012) - Temel ekonometri (Chapters 18-20) | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama, Problem Çözme |
| 14 | Dummy Variables | Gujarati & Porter (2012) - Temel ekonometri (Chapter 9) | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama, Soru-Cevap |
| 15 | Sample final exam application, question solution | Gujarati & Porter (2012) - Temel ekonometri (Chapters 9-13) | Öğretim Yöntemleri: Problem Çözme, Grup Çalışması, Alıştırma ve Uygulama |
| 16 | Final Exam | Studying the whole course content | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Final Exam | Studying the whole course content | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 4 | 56 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 8 | 112 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 2 | 4 | 8 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 24 | 24 |
| Total Workload (Hour) | 212 | ||
| Total Workload / 25 (h) | 8,48 | ||
| ECTS | 8 ECTS | ||