ECMZ403 Applied Econometrics I

4 ECTS - 3-0 Duration (T+A)- 7. Semester- 3 National Credit

Information

Code ECMZ403
Name Applied Econometrics I
Term 2024-2025 Academic Year
Semester 7. Semester
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 4 ECTS
National Credit 3 National Credit
Teaching Language İngilizce
Level Lisans Dersi
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Dr. Öğr. Üyesi FELA ÖZBEY
Course Instructor Arş.Gör.Dr. SERA ŞANLI (A Group) (Ins. in Charge)


Course Goal / Objective

The goal of this course is to enable students to be able to analyze economic relations by modeling them through econometric estimation methods in Eviews econometric software and interpret model outputs.

Course Content

This course covers the Eviews software applications regarding two-variable regression model, multivariate regression model, dummy variable regression model, multicollinearity, heteroscedasticity and autocorrelation topics.

Course Precondition

None

Resources

Gujarati, Damodar N. (2004). Basic Econometrics. 4th Edition, McGraw-Hill Companies.

Notes

Enders, Walter. (2015). Applied Econometric Time Series. 4th Edition, Wiley.


Course Learning Outcomes

Order Course Learning Outcomes
LO01 Executing data entry in Eviews package program
LO02 Interpreting the results of two-variable and multiple regression analyses
LO03 Constructing the correlation matrix of variables
LO04 Comparing econometric estimation methods
LO05 Tabulating regression analysis results
LO06 Applying the tests related to the detection of multicollinearity, heteroscedasticity and autocorrelation problems
LO07 Judging on remedial measures for solving multicollinearity, heteroscedasticity and autocorrelation problems
LO08 Testing the hypotheses using suitable statistical tools (t-test, F-test etc.)


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Explain the basic concepts and theorems in the fields of Econometrics, Statistics and Operations research 4
PLO02 Bilgi - Kuramsal, Olgusal Acquires basic Mathematics, Statistics and Operation Research concepts 3
PLO03 Bilgi - Kuramsal, Olgusal Describes the necessary concepts of Business
PLO04 Beceriler - Bilişsel, Uygulamalı Equipped with the foundations of Economics, and develops Economic models 5
PLO05 Beceriler - Bilişsel, Uygulamalı Models problems with Mathematics, Statistics, and Econometrics 5
PLO06 Beceriler - Bilişsel, Uygulamalı Has the ability to analyze/interpret at the conceptual level to develop solutions to problems 5
PLO07 Beceriler - Bilişsel, Uygulamalı Collects/analyses data 5
PLO08 Bilgi - Kuramsal, Olgusal Interprets the results analyzed with the model 5
PLO09 Beceriler - Bilişsel, Uygulamalı Combines the information obtained from different sources within the framework of academic rules in a field which does not research 4
PLO10 Beceriler - Bilişsel, Uygulamalı It develops traditional approaches, practices and methods into new working methods when it deems necessary 4
PLO11 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Leads by taking responsibility individually and/or within the team 4
PLO12 Yetkinlikler - Öğrenme Yetkinliği In addition to herself/himself professional development, constantly improves in scientific, cultural, artistic and social fields in line with interests and abilities
PLO13 Yetkinlikler - Öğrenme Yetkinliği Being aware of the necessity of lifelong learning, it follows the current developments in the field / constantly renews itself 3
PLO14 Yetkinlikler - İletişim ve Sosyal Yetkinlik Uses a package program of Econometrics, Statistics, and Operation Research 5
PLO15 Yetkinlikler - İletişim ve Sosyal Yetkinlik Uses Turkish and at least one other foreign language, academically and in the business context
PLO16 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
PLO17 Yetkinlikler - Alana Özgü Yetkinlik Interprets data on current economic and social issues 5
PLO18 Yetkinlikler - Alana Özgü Yetkinlik Applies social, scientific and professional ethical values


Week Plan

Week Topic Preparation Methods
1 Estimation of two-variable regression modl Gujarati (2004) - Basic Econometrics (Chapter 2, Chapter 3) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
2 Hypotesis testing and ANOVA Gujarati (2004) - Baisc Econometrics (Chapter 5) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
3 Estimation of various functional forms of regression models Gujarati (2004) - Basic Econometrics (Chapter 6) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
4 Continued: Estimation of various functional forms of regression models Gujarati (2004) - Basic Econometrics (Chapter 6) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
5 Estimation of multivariate regression model Gujarati (2004) - Basic Econometrics (Chapter 7) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
6 Test of overall significance and tests of restrictions on coefficients Gujarati (2004) - Basic Econometrics (Chapter 8) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
7 Chow structural break test Gujarati (2004) - Basic Econometrics (Chapter 8) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
8 Midterm exam Studying the course content Ölçme Yöntemleri:
Yazılı Sınav, Ödev, Proje / Tasarım
9 Estimation of dummy variable regression model Gujarati (2004) - Basic Econometrics (Chapter 9) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
10 Estimation of seasonal dummy variable models Gujarati (2004) - Basic Econometrics (Chapter 9) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
11 Tests for detecting multicollinearity Gujarati (2004) - Basic Econometrics (Chapter 10) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
12 Remedial measures to fix the problem of multicollinearity Gujarati (2004) - Basic Econometrics (Chapter 10) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
13 Tests for detecting heteroscedasticity and remedial measures Gujarati (2004) - Basic Econometrics (Chapter 11) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
14 Tests for detecting autocorrelation Gujarati (2004) - Basic Econometrics (Chapter 12) Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
15 Remedial measures to fix the problem of autocorrelation Gujarati (2004) - Basic Econometrics (Chapter 12) Öğretim Yöntemleri:
Anlatım, 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 3 42
Out of Class Study (Preliminary Work, Practice) 14 3 42
Assesment Related Works
Homeworks, Projects, Others 0 0 0
Mid-term Exams (Written, Oral, etc.) 1 7 7
Final Exam 1 18 18
Total Workload (Hour) 109
Total Workload / 25 (h) 4,36
ECTS 4 ECTS

Update Time: 08.05.2024 12:33