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INTRODUCTION TO ECONOMETRICS PROGRAMME COURSE DESCRIPTION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
HIT332 INTRODUCTION TO ECONOMETRICS 5 3 3 5

GENERAL INFORMATION

Language of Instruction : Turkish
Level of the Course Unit : BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle
Type of the Course : Elective
Mode of Delivery of the Course Unit -
Coordinator of the Course Unit Prof. ŞENOL DURGUN
Instructor(s) of the Course Unit
Course Prerequisite No

OBJECTIVES AND CONTENTS

Objectives of the Course Unit: This course aims to build foundation to provide solutions for various economic problems based on statistics and to evaluate what needs to be done in order to make the right decisions during the economic forecasts for the future.
Contents of the Course Unit: Contents of the course include the subjects as in Multiple Regression, deviations from assumptions, autocorrelation, multiple linear connection, changing variance autoregressive models, distributed lagged models, dummy variable, systems of simultaneous equation.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Define the basic econometric concepts
Explain the econometrics-related terms, forecast and prediction techniques through case studies
Use the basic econometric estimation methods for future economic forecasts
Analyze the validity of economic theory by using econometric techniques
Compare the relationships between economic variables in econometric terms

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 Reading Definition, Goals, Steps In Econometrics Lecture & Question and Answer & Surveying
2 Reading Simple Linear Regression Analysis: Population Regression Function And Sample Regression Function Lecture & Question and Answer & Surveying
3 Reading Least Squares Methods And Assumptions Lecture & Question and Answer & Surveying
4 Reading Least Squares Features Of Estimators Lecture & Question and Answer & Surveying
5 Reading Confidence Intervals And Hypothesis Tests Lecture & Question and Answer & Surveying
6 Reading Confidence Intervals And Hypothesis Tests (Cont.) Lecture & Question and Answer & Surveying
7 Reading Individual Prediction And Average Prediction Lecture & Question and Answer & Surveying
8 - MID-TERM EXAM -
9 Reading Function Patterns In Regression Analysis Lecture & Question and Answer & Surveying
10 Reading Maximum Likelihood Method Lecture & Question and Answer & Surveying
11 Reading Multiple Regression Analysis: Notation And Assumptions Lecture & Question and Answer & Surveying
12 Reading Hypothesis Tests In Multiple Regression Lecture & Question and Answer & Surveying
13 Reading Hypothesis Tests In Multiple Regression (Cont.) Lecture & Question and Answer & Surveying
14 Reading Tests With two Regression Coefficients Lecture & Question and Answer & Surveying
15 Reading Limited Least Squares And Comparison Of Two Regression Lecture & Question and Answer & Surveying
16 - FINAL EXAM -
17 - FINAL EXAM -

SOURCE MATERIALS & RECOMMENDED READING

Wooldridge, J. M. (2013). Ekonometriye Giris 1 - Modern Yaklasim. Ankara: Nobel Akademik Publications
Wooldridge, J. M. (2013). Ekonometriye Giris 2 - Modern Yaklasim. Ankara: Nobel Akademik Publications

ASSESSMENT

Assessment & Grading of In-Term Activities Number of Activities Degree of Contribution (%) Description
Level of Contribution
0 1 2 3 4 5

CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES

KNOWLEDGE

Theoretical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Define the basic concepts of economics, administrative and human sciences.
2
Explain the general structure, operation and public policy formation process of administration.
3
Relate the principles and rules of political behavior, behavior and leadership in organizations.
4
Relate the knowledge of ecological, economic and social sustainability with information related to the field.

KNOWLEDGE

Factual

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Use information about his / her field in professional life and everyday life.
2
Use information related to ecological, economic and social sustainability in professional life and everyday life.

SKILLS

Cognitive

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Interpret current political and administrative developments and the functioning of the democratic system by using the knowledge of political science and public administration.
2
Define the basic concepts of management, urbanization, environmental policies, political and legal sciences.
3
Relate professional knowledge of management, urbanization, environmental policies, politics and legal sciences to universal values

SKILLS

Practical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Compare the administrative structures and country management models by using the theoretical knowledge in the field of political science and public.
2
Organize events between the public, private sector and voluntary organizations.

OCCUPATIONAL

Autonomy & Responsibility

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Collaborate with the people in the field of political science and public administration.
2
By using the accumulation of knowledge in political science and public administration; manage project, event and social responsibility activities.

OCCUPATIONAL

Learning to Learn

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Analyze existing structures with a critical approach based on universal legal norms and administrative structures.
2
Apply the written and unwritten legal rules and ethical codes in his / her personal and professional life.

OCCUPATIONAL

Communication & Social

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Improve himself/herself by following the political and administrative agenda and the written-oral work on the agenda.
2
Debate in the field of political science and public administration with different target groups in multicultural environments.

OCCUPATIONAL

Occupational and/or Vocational

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Taking advantage of the existing history and theoretical knowledge of the field; interpret and analyze current issues, events and problems.
2
Develop original plans and programs to guide the functioning of political and bureaucratic institutions.
3
Develop alternative public policy proposals in the construction and implementation of sustainable and effective public policies.
4
Design reform programs aimed at making and improving the functioning of political and administrative organizations.

WORKLOAD & ECTS CREDITS OF THE COURSE UNIT

Workload for Learning & Teaching Activities

Type of the Learning Activites Learning Activities (# of week) Duration (hours, h) Workload (h)
Lecture & In-Class Activities 14 3 42
Preliminary & Further Study 14 3 42
Land Surveying 0 0 0
Group Work 0 0 0
Laboratory 0 0 0
Reading 14 2 28
Assignment (Homework) 0 0 0
Project Work 0 0 0
Seminar 0 0 0
Internship 0 0 0
Technical Visit 0 0 0
Web Based Learning 0 0 0
Implementation/Application/Practice 0 0 0
Practice at a workplace 0 0 0
Occupational Activity 0 0 0
Social Activity 0 0 0
Thesis Work 0 0 0
Field Study 0 0 0
Report Writing 0 0 0
Final Exam 1 1 1
Preparation for the Final Exam 1 7 7
Mid-Term Exam 1 1 1
Preparation for the Mid-Term Exam 1 6 6
Short Exam 0 0 0
Preparation for the Short Exam 0 0 0
TOTAL 46 0 127
Total Workload of the Course Unit 127
Workload (h) / 25.5 5
ECTS Credits allocated for the Course Unit 5,0