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ECONOMETRICS COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
EKF352 ECONOMETRICS 6 4 3 7

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 Reading What is Econometrics? Steps in Empirical Economic Analysis, The Structure of Economic data, Causality and the notion of Ceteris Paribus in Econometric Analysis Lecture & Question Answer & Research
2 Reading Definition of the Simple Regression Model, Deriving the Ordinary Least Squares Estimates, Properties of OLS on Any Sample of Data, Units of Measurement and Functional Form, Expected Values and Variances of the OLS Estimators, Regression Through the Origin and Regression on a Constant Lecture & Question Answer & Research
3 Reading Definition of the Simple Regression Model, Deriving the Ordinary Least Squares Estimates, Properties of OLS on Any Sample of Data, Units of Measurement and Functional Form, Expected Values and Variances of the OLS Estimators, Regression Through the Origin and Regression on a Constant Lecture & Question Answer & Research
4 Reading Motivation for Multiple Regression, Mechanics and Interpretation of Ordinary Least Squares, The Expected Value of the OLS Estimators, The Variance of the OLS Estimators, Efficiency of OLS: The Gauss-Markov Theorem, Some Comments on the Language of Multiple Regression Analysis Lecture & Question Answer & Research
5 Reading Motivation for Multiple Regression, Mechanics and Interpretation of Ordinary Least Squares, The Expected Value of the OLS Estimators, The Variance of the OLS Estimators, Efficiency of OLS: The Gauss-Markov Theorem, Some Comments on the Language of Multiple Regression Analysis Lecture & Question Answer & Research
6 Reading Sampling Distributions of the OLS Estimators, Testing Hypotheses About a Single Population Parameter: The t Test, Confidence Intervals, Hypotheses About a Single Linear Combination of the Parameters, Testing Multiple Linear Restrictions: The F Test, Reporting Regression Results Lecture & Question Answer & Research
7 Reading Effects of Data Scaling on OLS Statistics Beta Coefficients, More on Functional Form, More on Goodness-of-Fit and Selection of Regressors, Prediction and Residual Analysis Lecture & Question Answer & Research
8 - MID-TERM EXAM -
9 Reading Describing Qualitative Information, A Single Dummy Independent Variable, Using Dummy Variables for Multiple Categories, Interactions Involving Dummy Variables (Sections 7.5 – 7.7 are not included.) Lecture & Question Answer & Research
10 Reading Describing Qualitative Information, A Single Dummy Independent Variable, Using Dummy Variables for Multiple Categories, Interactions Involving Dummy Variables (Sections 7.5 – 7.7 are not included.) Lecture & Question Answer & Research
11 Reading Consequences of Heteroskedasticity for OLS, Heteroskedasticity-Robust Inference After OLS Estimation, Testing for Heteroskedasticity Lecture & Question Answer & Research
12 Reading The Nature of Time Series Data, Examples of Time Series Regression Models, Finite Sample Properties of OLS Under Classical Assumptions, Functional Form, Dummy Variables, and Index Numbers, Trends and Seasonality Lecture & Question Answer & Research
13 Reading Properties of OLS with Serially Correlated Errors, Testing for Serial Correlation, (Sections 12.3, 12.4, 12.5. 12.6 are not included.) Lecture & Question Answer & Research
14 Reading Properties of OLS with Serially Correlated Errors, Testing for Serial Correlation (Sections 12.3, 12.4, 12.5. 12.6 are not included.) Lecture & Question Answer & Research
15 Reading Revision Lecture & Question Answer & Research
16 - FINAL EXAM -
17 - FINAL EXAM -