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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. NEZİHA MUSAOĞLU
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 theoretical, political, economic and administrative theories used in the field of Political Science and International Relations.
2
Explain the political history, political ideas, intellectual accumulation of understanding international relations and the way that the history of diplomacy has passed from past to present.
3
List the norms of universal law and human rights, the principles of the modern legal system, the names of modern bureaucratic and administrative structures.

KNOWLEDGE

Factual

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Explain the Turkish state tradition, the influence of Islam, the accumulation of political thought and its historical background, and compare this accumulation with the current approaches.
2
Evaluate the chronological development of relations between political and diplomatic developments and political / diplomatic facts / events / ideas / actors from past to present.
3
Analyze the structure and functioning of actors, organizations and organizations that determine international relations.

SKILLS

Cognitive

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
In the light of current theoretical debates, apply relevant concepts to current political and international developments.
2
Evaluate the Turkish political tradition, developments with the Turkic community.
3
Use information on the field when comparing the administrative structures of different countries and their diplomatic traditions.

SKILLS

Practical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Formulate the current political developments, developments and arrangements in international relations in the historical and theoretical accumulation.
2
Analyze the functioning of modern political regimes in the light of political and public bureaucratic structures, regulations and developments.
3
Examine and analyze current political developments in the Balkans, the Middle East, Central Asia, North Africa and the Caucasus in terms of both Turkish political history and international relations discipline.

OCCUPATIONAL

Autonomy & Responsibility

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
To conduct a field-specific study individually and to complete it with discipline and responsibility.
2
To assume duties and responsibilities in a team work as leader or team member and to fulfil them flawlessly.

OCCUPATIONAL

Learning to Learn

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Follow the political and administrative developments in the international political system and the bureaucratic organizations operating in this system.
2
Examine the international problems and conflicts, and the problems in the field of administration and politics in detail.

OCCUPATIONAL

Communication & Social

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Follow the current developments in the field of Political Science and International Relations and collaborate with leading names in the field.
2
Examine and analyze academic resources and the written and oral studies on the political developments in the region and the world, especially in the Middle East.
3
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
With the current historical and theoretical knowledge of the field, suggest sustainable, organizational and administrative arrangements aimed at meeting specific goals and solving certain problems.
2
Using the theoretical, economic, political and managerial knowledge, and produce reports on current developments, conflicts and agreements in geography related to world politics and especially in the Middle East.
3
Construct arguments on the current developments in Turkish politics in the light of the laws, regulations, and the important changes in the constitution and administrative law that determine Turkish political life and foreign relations.

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