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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. KAMİL KAYA
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
Students define the concepts they learned and match them with their corresponding phenomena in the social world.
2
Students interpret concepts and theories taking into account their historical-cultural contexts.
3
Students compare sociological theories with reference to social problems.
4
Students distinguish the significance of ecological, social and economical sustainability for world’s future.
5
Students develop their knowledge on sustainability by the use of information and communication technologies.

KNOWLEDGE

Factual

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Students evaluate qualitative and quantitative data of sociological research studies.
2
Students analyse the complicated interactions between the social, cultural, political, economical and demographical phenomena of the global world.

SKILLS

Cognitive

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Students design a research by their acquired knowledge and experience.

SKILLS

Practical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Students research field study considering the principle of cultural relativity, scientific and ethical values.
2
Students efficiently apply the most suitable information and communication technologies in their studies.
3
Students use their knowledge on ecological, social and economical sustainability in all aspects of their lives.

OCCUPATIONAL

Autonomy & Responsibility

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Students research on problems which reflect on their fields in the global world undergoing rapid and profound change.

OCCUPATIONAL

Learning to Learn

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Students criticize their advanced knowledge and skills in an analytical manner.
2
Students develop their knowledge and skills within the frame of scientific, technological and current developments via adopting the principle of lifelong learning.
3
Students act ethically impartial in their research studies.

OCCUPATIONAL

Communication & Social

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Students criticize their advanced knowledge and skills in an analytical manner.

OCCUPATIONAL

Occupational and/or Vocational

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Students apply the principle of cultural relativity, scientific and ethical values with reference to sustainability throughout their studies in their careers.

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