TÜRKÇE
ENGLISH
Information
| Unit | INSTITUTE OF SOCIAL SCIENCES |
| PUBLIC FINANCE (MASTER) (WITH THESIS) | |
| Code | PF704 |
| Name | Econometric Applications in Public Finance-I |
| Term | 2025-2026 Academic Year |
| Term | Fall |
| 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. HAŞİM AKÇA |
| Course Instructor |
The current term course schedule has not been prepared yet.
|
Course Goal / Objective
This course aims to teach the basic theories and applications of time series econometric techniques in the field of public finance and to provide the ability to evaluate public finance data (tax revenues, public expenditures, budget deficit) by time series analyses. It aims to provide master's students with the ability to analyse and interpret fiscal policies with time series methods.
Course Content
The course covers the theoretical and analytical foundations of time series econometrics for its main applications in public finance. It analyses the properties of time series data and their importance in public finance data. It deals with the application of stationarity and unit root tests to public finance data. Analyses the effects of public finance policies with VAR models. It provides the opportunity to test the theoretical approaches in public finance science with the help of causality tests. Discusses time series analyses with public finance data in Turkey. Analyses time series applications with global public finance data. Evaluates the effects of time series analyses on fiscal policies.
Course Precondition
No prerequisites
Resources
Damodar N. Gujarati, Basic Econometrics, McGraw-Hill Education Jeffrey M. Wooldridge, Introductory Econometrics: A Modern Approach Walter Enders, Applied Econometric Time Series, Wiley (zaman serisi teknikleri için) Mustafa Sevüktekin, Mehmet Çınar, 2017, Ekonometrik Zaman Serileri Analizi, Dora
Notes
Eviews 12, Gauss 10, Gauss 25, Gretl, Stata 17, Winrats 10 Package Programmes.
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Explains the basic concepts of time series econometrics and its importance in public finance. |
| LO02 | Analyses time series properties of public finance data. |
| LO03 | Analyses the effects of fiscal policies using time series techniques. |
| LO04 | To test theoretical approaches in economics by using forecasting and causality techniques. |
| LO05 | Makes time series analyses with public finance data in Turkey. |
| LO06 | Interpret time series results in terms of fiscal policies. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | To have advanced theoretical and practical knowledge in the field of finance, economics and public policy | 4 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Makes comparative analyses of different schools of economics and fiscal approaches | 4 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Analyses the discipline of finance from an interdisciplinary perspective by associating it with fields such as law, economics, public administration, business administration and accounting. | 4 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Analyses the numerical and statistical data obtained in the field of Finance by using contemporary communication tools, methods and processes | 5 |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | To be aware of the necessity of lifelong learning and to evaluate the current developments in the field | 3 |
| PLO06 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Leads academic or professional studies in the field of finance | |
| PLO07 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | To be able to produce effective solutions by transforming academic and professional knowledge into practical applications in the field of finance | 5 |
| PLO08 | Yetkinlikler - Öğrenme Yetkinliği | Evaluates the legislation by being aware of the legal regulations related to financial events | |
| PLO09 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses the necessary level of computer software and information and communication technologies in the professional field | 5 |
| PLO10 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | To be able to systematically transfer the original researches prepared in the field of finance to the groups in and out of the field in written, oral and visual form by using scientific research methods. | 4 |
| PLO11 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses Turkish and at least one foreign language in accordance with the requirements of academic life and business life | |
| PLO12 | Yetkinlikler - Alana Özgü Yetkinlik | To have social, scientific and ethical values in the stages of collecting, interpreting and announcing the data related to the field of finance. | 4 |
| PLO13 | Yetkinlikler - Alana Özgü Yetkinlik | To be aware of social, scientific and professional ethical values and to act accordingly | 3 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction to Time Series Econometrics | Reading the relevant sections of the sources | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 2 | Stationarity and Unit Root Tests-I | Reading the relevant sections of the sources | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Alıştırma ve Uygulama |
| 3 | Stationarity and Unit Root Tests-II | Reading the relevant sections of the sources | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Alıştırma ve Uygulama |
| 4 | VAR Analysis-I | Reading the relevant sections of the sources | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Alıştırma ve Uygulama |
| 5 | VAR Analysis-II | Reading the relevant sections of the sources | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Alıştırma ve Uygulama |
| 6 | Cointegration Tests-I | Reading the relevant sections of the sources | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Alıştırma ve Uygulama |
| 7 | Cointegration Tests-II | Reading the relevant sections of the sources | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Alıştırma ve Uygulama |
| 8 | Mid-Term Exam | Ölçme Yöntemleri: Yazılı Sınav |
|
| 9 | Long Run Estimators (FMOLS, DOLS, CCR) | Reading the relevant sections of the sources | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Alıştırma ve Uygulama |
| 10 | Causality Tests-I | Reading the relevant sections of the sources | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Alıştırma ve Uygulama |
| 11 | Causality Tests-II | Reading the relevant sections of the sources | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Alıştırma ve Uygulama |
| 12 | Time Series Analysis with Public Finance Data in Turkey-I | Reading the relevant sections of the sources | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama, Soru-Cevap |
| 13 | Time Series Analysis with Public Finance Data in Turkey-II | Reading the relevant sections of the sources | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Alıştırma ve Uygulama |
| 14 | Time Series Analysis with Global Public Finance Data-I | Reading the relevant sections of the sources | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Alıştırma ve Uygulama |
| 15 | Time Series Analysis with Global Public Finance Data-II | Reading the relevant sections of the sources | Öğretim Yöntemleri: Anlatım, Soru-Cevap, 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) | 13 | 3 | 39 |
| 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) | 154 | ||
| Total Workload / 25 (h) | 6,16 | ||
| ECTS | 6 ECTS | ||