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 :	, TYY: + , EQF-LLL: , QF-EHEA:
Type of the Course :	Elective
Mode of Delivery of the Course Unit	-
Coordinator of the Course Unit
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

KNOWLEDGE
Theoretical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Describe basic theories of microeconomics and macroeconomics by benefiting from assumptions and axioms.
2	Recognize the entries in the book and financial balance sheet of the business organization.
3	Define concepts, theories and principles of basic and subfields of international trade by adhering to the background knowledge.

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Summarize historical development of the international trade theories by adhering to the chronological order.
2	Use theoretical knowledge gained in the field of international trade in occupational practices and daily life.
3	Solve financial and legal problems confronted in international trade practices.

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Relate statistical raw data by benefiting from computer programs and relate data with one another in consideration of theoretical knowledge.
2	Evaluate developments in the world in consideration of common courses in the faculty with an intellectual perspective.

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Interpret current events and facts in international trade based on advanced knowledge and skills from an analytical and systematic holistic view.

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Relate knowledge about economic globalization and internationalization with current knowledge in the field.

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Examine current economic policies applied over the gained advanced knowledge and skills by a critical approach.

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Explain demands in written or verbally by using the foreign language skill in business and social life effectively.
2	Tell knowledge, thoughts and solution offers regarding subjects in international trade to relevant stakeholders demands in written or verbally.
3	Design a healthy communication network for themselves in the business world by using social life skills.

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Analyze current issues, events and problems by benefiting from theoretical and historical knowledge of international trade and economics.
2	Develop suggestions for international trade policies by determining economic problems in the macro level.
3	Apply commercial applications in consideration of knowledge gained in financing and management of international trade by being inclusive of international market
4	Discuss the effects of commercial and financial globalization processes on the income distribution, by benefiting from data.

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