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•           Information on Degree Programmes

COURSE INFORMATON
Course Title Code Semester L+P Hour Credits ECTS
Econometrics * TEP   401 7 2 3 3

 Prerequisites and co-requisites Recommended Optional Programme Components None

Language of Instruction Turkish
Course Level First Cycle Programmes (Bachelor's Degree)
Course Type
Course Coordinator Prof. Dr. Haydar ŞENGÜL
Instructors
 Prof. Dr. HAYDAR ŞENGÜL 1. Öğretim Grup:A

Assistants
Goals
To gain skill in modelling an economic problem within the parameters of econometrics; to teach the ways to estimate and test the parameters of the model; to gain skill in testing research hypothesis testing via econometrics.
Content
Description and context of econometrics; econometric research method; determining model of economic problem, model estimation, testing coefficients, evaluating predictive power of the model, desired properties of an econometric model; linear correlation; basic linear regression model; Ordinary Least Squares (OLS) method, statistical testing for significance of estimates, multiple regression model, other extensions of linear regression model (dummy variables, estimating non-linear relations); deviations from classical regression model (multicollinearity, heteroscedasticity, autocorrelation); simultaneous equations models

Learning Outcomes
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Course's Contribution To Program
NoProgram Learning OutcomesContribution
12345
1
is be able to explain and apply basic theories related to major science and engineering courses in order to form a foundation which enables him/her to understand advanced level subjects related to his/her profession
X
2
is able to describe, intorduce and evaluate crop and animal production techniques, tools and equipment used in this area and explain role, importance and development of agriculture in national and world economy
X
3
is able to describe characteristics and interrelations of all stages from production to consumption in agricultural sector; is able to describe basic concepts related to efficienct and sustianable use of resources; is able to explain and apply basic econ
X
4
is able to explain concepts, thought, theory and methods related to major economic, social, natural, cultural, institutional, organizational and legal factors affecting activities in agricultural sector and rural areas, also national and international for
5
is able to apply basic principles of economics to the problemes encountered in agricultural sector
X
6
is able to show and express economic and social data to be used in agricultural decision making process in tables, graphs and mathematical symbols
X
7
is able to apply ecosystem, biodiversity, sustainable resource management, rural development, planning and technology use related knowledge to crop and animal production and marketing processes
X
8
determines required data related to the analysis of problems encountered in agricultural sector, critically examines and uses those data, selects a proper frame, model and method for the analysis, and evaluates results of the analysis
X
9
uses basic information technologies in the analysis of economic and social data and uses software prepared for this purpose and interpretes results
X
10
is able to carry studies related to his/her field independently and according to the legal procedures; is able to give consultancy, supervising, and expertise services in those fields; is able to join to team works
X
11
is able to get access to actual and updated information in the field; is able to inquire knowledge obtained and use them for public benefit according to the purpose selected
X
12
is able to communicate with sepacialist and non-specialist people both in verbal and written form; is able to select most appropriate communications methods; is able to develop cooperation with stakeholders on producer and organization basis
13
acquires general and professional foreign language command at a sufficient level to observe professional developments and communicate with colleagues;is able to use information and communication technologies
14
is able to identify problems that can be encountered in agricultural sector; determines their context, evaluates effects of solutions, projects and policies applied in this context, produces solutions, projects and policy alternatives, foresees possible
X
15
is able to describe historical development of the profession, ethical principles obligatory during the performance of the profession and to be consicous of meticulous application of these principles

Course Content
WeekTopicsStudy Materials _ocw_rs_drs_yontem
1 Definition and context of econometrics Lecture notes and related sections of the suggested resources
2 Econometric research method; determining econometric model of the problem Lecture notes and related sections of the suggested resources
3 Estimation of the model, testing coefficients of the model and assessing estimation pover of the model Lecture notes and related sections of the suggested resources
4 Properties of an econometric model Lecture notes and related sections of the suggested resources
5 Linear Correlation Lecture notes and related sections of the suggested resources
6 Simple Linear Regression model Lecture notes and related sections of the suggested resources
7 Ordinary Least Square (OLS) Model Lecture notes and related sections of the suggested resources
8 Midterm Exam Preperation for midterm exam
9 Statistical testing of significance of the estimates Lecture notes and related sections of the suggested resources
10 Multiple regression model Lecture notes and related sections of the suggested resources
11 Estimating non-linear economic relations Lecture notes and related sections of the suggested resources
12 Multicollinearity, heteroscedasticity Lecture notes and related sections of the suggested resources
13 Autocorrelation Lecture notes and related sections of the suggested resources
14 Simultaneous Equations Models Lecture notes and related sections of the suggested resources
15 Simultaneous Equations Models Lecture notes and related sections of the suggested resources
16-17 Final Exam Preperation for final exam

Recommended or Required Reading
Textbook