İKT831 Advanced Econometrics

8 ECTS - 4-0 Duration (T+A)- . Semester- 4 National Credit

Information

Unit INSTITUTE OF SOCIAL SCIENCES
ECONOMICS (PhD)
Code İKT831
Name Advanced Econometrics
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 (Güz) (A Group) (Ins. in Charge)


Course Goal / Objective

In this course, it is aimed to model economic relationships by using econometric methods, make applications via the computer program and interpret the models.

Course Content

In this course, the topics of DF and ADF unit root tests, Engle-Granger and Johansen cointegration tests, estimation of VEC model, estimation of ARIMA models, estimation of VAR model 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 econometric concepts
LO02 Creating economic models with economics background
LO03 Modelling problems using the knowledge of mathematics, statistics and econometrics
LO04 Following current developments as being aware of the necessity of lifelong learning, being in progress continuously
LO05 Following current issues, interpreting data on economic and social events
LO06 Using information technologies and at least one computer programming language related to econometrics, statistics and operations research fields
LO07 Explaining the difference between integration and cointegration
LO08 Applying the key econometric techniques regarding the macroeconomic and financial data


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Explains the importance of demand and supply and the conditions of the market economy to work better
PLO02 Bilgi - Kuramsal, Olgusal Conducts new research that contributes to science.
PLO03 Bilgi - Kuramsal, Olgusal Specifies the role of the market economy, the price advantage of the event.
PLO04 Bilgi - Kuramsal, Olgusal Specifies the role of the price advantage in market economy
PLO05 Bilgi - Kuramsal, Olgusal Faces with challenges, produces a numerical and policy options. 5
PLO06 Bilgi - Kuramsal, Olgusal Applies the methods of economic analysis. 5
PLO07 Bilgi - Kuramsal, Olgusal Acquires the ability of analyzing in the conceptual level ,compares interprets, evaluates and synthesizes ideas in order to develop solutions to the problems.
PLO08 Bilgi - Kuramsal, Olgusal Has the knowledge of quantitative and qualitative techniques used in Economics. 4
PLO09 Yetkinlikler - Alana Özgü Yetkinlik Builds, decodes and interprets models by using quantitative and qualitative techniques
PLO10 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Takes responsibility individually and / or in a team,leads a team and works effectively 4
PLO11 Yetkinlikler - Öğrenme Yetkinliği With the awareness of the necessity of life-long learning, follows the latest developments about his field and improves himself
PLO12 Bilgi - Kuramsal, Olgusal Speaks Turkish, and at least one other foreign language in accordance with the requirements of academic and business life.
PLO13 Yetkinlikler - Alana Özgü Yetkinlik Recognize and apply social, scientific and professional ethical values.
PLO14 Yetkinlikler - İletişim ve Sosyal Yetkinlik Expresses himself/herself accurately, both orally and in writing.
PLO15 Beceriler - Bilişsel, Uygulamalı Publishes original studies in the field of economics in scientific journals.
PLO16 Beceriler - Bilişsel, Uygulamalı Knows where and how to find all scientific resources and data with information technologies to do research.
PLO17 Yetkinlikler - Alana Özgü Yetkinlik Understands the necessity and importance of research in social sciences.


Week Plan

Week Topic Preparation Methods
1 Estimation of AR model Gujarati & Porter (2012) - Temel ekonometri (Chapter 22) Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Alıştırma ve Uygulama
2 Estimation of MA model Gujarati & Porter (2012) - Temel ekonometri (Chapter 22) Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Alıştırma ve Uygulama
3 Estimation of ARMA model Gujarati & Porter (2012) - Temel ekonometri (Chapter 22) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama, Deney / Laboratuvar
4 Estimation of ARIMA model Gujarati & Porter (2012) - Temel ekonometri (Chapter 22) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama, Deney / Laboratuvar
5 Estimation of VAR model Gujarati & Porter (2012) - Temel ekonometri (Chapter 22) Öğretim Yöntemleri:
Anlatım, Tartışma, Deney / Laboratuvar
6 Estimation of ARCH model Gujarati & Porter (2012) - Temel ekonometri (Chapter 22) Öğretim Yöntemleri:
Anlatım, Deney / Laboratuvar, Tartışma
7 Review before the midterm exam Gujarati & Porter (2012) - Temel ekonometri (Chapter 22) Öğretim Yöntemleri:
Soru-Cevap, Tartışma, Grup Çalışması
8 Mid-Term Exam Studying the course content Ölçme Yöntemleri:
Yazılı Sınav, Ödev, Proje / Tasarım
9 DF unit root test Gujarati & Porter (2012) - Temel ekonometri (Chapter 21) Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Alıştırma ve Uygulama
10 ADF unit root test Gujarati & Porter (2012) - Temel ekonometri (Chapter 21) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama, Deney / Laboratuvar
11 ADF unit root test-2 Gujarati & Porter (2012) - Temel ekonometri (Chapter 21) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama, Grup Çalışması
12 Engle-Granger cointegration test Gujarati & Porter (2012) - Temel ekonometri (Chapter 21) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama, Deney / Laboratuvar
13 Engle-Granger cointegration test-1 Gujarati & Porter (2012) - Temel ekonometri (Chapter 21) Öğretim Yöntemleri:
Anlatım, Grup Çalışması, Deney / Laboratuvar
14 Johansen cointegration test Gujarati & Porter (2012) - Temel ekonometri (Chapter 21) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama, Deney / Laboratuvar, Soru-Cevap
15 Johansen cointegration test-1 Gujarati & Porter (2012) - Temel ekonometri (Chapter 21) Öğretim Yöntemleri:
Alıştırma ve Uygulama, Grup Çalışması, Tartışma
16 Final Exam Studying the whole course content Ölçme Yöntemleri:
Yazılı Sınav
17 Final Exam Studying the whole course content Ölçme Yöntemleri:
Yazılı Sınav


Assessment (Exam) Methods and Criteria

Assessment Type Midterm / Year Impact End of Term / End of Year Impact
1. Midterm Exam 100 40
General Assessment
Midterm / Year Total 100 40
1. Final Exam - 60
Grand Total - 100


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

Update Time: 02.03.2025 11:26