Students who have an introductory econometrics knowledge will be able to test the economic validity of an estimated model with statistical and econometric methods.
To test the validity of the estimated models using the E-views package program and to apply all statistical tests and analyzes.
Prerequisite(s)
none
Corequisite(s)
none
Special Requisite(s)
The minimum qualifications that are expected from the students who want to attend the course.(Examples: Foreign language level, attendance, known theoretical pre-qualifications, etc.)
Lectures,exercises,homeworks, computer aided applications using Excel and E-views, projects
Principle Sources
Ekonometriye Giriş, Modern Yaklaşım, (4. Basımdan Çeviri), Wooldridge, Çeviri editörü: Doç.Dr.Ebru Çağlayan, Cilt 1 ve Cilt II, Nobel Akademik Yayıncılık, Ocak 2013.
Temel Ekonometri, Damodar N. Gujarati, (5. Basımdan çeviri), Ümit Şenesen, G.Günlük-Şenesen, Literatür Yayıncılık, 2012.
Damodar Gujarati(2002), Basic Econometrics, McGraw Hill, Fourth Edition.
Lecture notes
Other Sources
Course Schedules
Week
Contents
Learning Methods
1. Week
Repeating Multiple Regression and Hypothesis Tests
Lecture
2. Week
Multicollinearity Concept
Lecture
3. Week
Testing Multiple Linear Connection
Lecture
4. Week
The Concept of Variance (Heteroscedasticity)
Lecture
5. Week
Testing for Varying Variance
Lecture
6. Week
Time Series
Lecture
7. Week
Autocorrelation Concept
Lecture
8. Week
Testing for Autocorrelation
Lecture
9. Week
Time Series / Unit Root testing and applications
Lecture
10. Week
Delayed Models
Lecture
11. Week
VAR models
Lecture
12. Week
Model Specification
Lecture
13. Week
Model Specification Errors
Lecture
14. Week
Linear Probability Models (Logit, Probit Models)
Lecture
15. Week
Identification and Data Issues
Lecture
16. Week
Identification and Data Issues
Lecture
17. Week
Final Exam
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
35
Quizzes
1
10
Attendance
1
5
Final Exam
1
50
Program Outcomes
PO-1
To define his/her competencies using the theoretical and practical knowledge he/she acquired in the field of Economics and to use these competencies in practice.
PO-2
To discuss concepts and ideas in the field of Economics with scientific methods, to develop hypotheses, to interpret and evaluate the data obtained.
PO-3
To develop solution suggestions for complex and/or unpredictable problems encountered in practice, to report and present these suggestions in accordance with the academic publication rules.
PO-4
To identify regional and global issues/problems, to perform analyses based on scientific data and research, and to develop solution suggestions.
PO-5
To determine the learning needs in the field of Economics, to evaluate the acquired knowledge and skills with a critical approach, and to use this knowledge and skills to develop economic policies.
PO-6
To inform relevant people and institutions on issues related to the field of Economics and to gain the ability to convey written and verbal solutions to problems.
PO-7
To convey his/her thoughts and suggestions in the field of Economics to experts and non-experts by supporting them with quantitative and qualitative data, to discuss and to contribute to the development of new policies by revising suggestions according to the feedback he/she receives.
PO-8
To benefit from other disciplines that form the basis of the field of Economics, to develop multidisciplinary approaches by associating these disciplines with his/her knowledge in the field of Economics, to produce project and publications.
PO-9
To define the differences and relationships between classical and modern theories of economics and to observe the distinctions between classical and modern economic policies and to evaluate the compatibility of these policies with economic and social issues.
PO-10
To read and comprehend foreing news sources about economics being fluent in a foreign language, to scan the economic literature and to follow the most current approaches in this field.
PO-11
To take into account scientific and ethical values in the stages of collecting, interpreting and announcing economic data and carrying out statistical/econometric studies using these data, and also to carry out the publication process in accordance with academic publishing principles.
Learning Outcomes
LO-1
To make the robustness test with the use of E-Views program, make estimations
LO-2
To test the model according to classical and linear regression hypothesis
LO-3
Find out possible deviations from the hyphothesis of the model
