COURSE INFORMATON
Course Title Code Semester L+P Hour Credits ECTS
Economic Statistics * ECMS   301 5 3 3 5

Prerequisites and co-requisites
Recommended Optional Programme Components None

Language of Instruction English
Course Level First Cycle Programmes (Bachelor's Degree)
Course Type
Course Coordinator Assoc.Prof.Dr. Hüseyin GÜLER
Instructors
Doç.Dr.HÜSEYİN GÜLER1. Öğretim Grup:A
 
Assistants
Goals
Analyzing series -which will be collected on the basis of the Turkish economy from the databases related to economic researches- with appropriate statistical methods and showing the place of the statistic in the field of economics practically.
Content
Data sources; Central Bank of the Republic of Turkey and OECD leading indicators; trend analysis; index types (foreign trade indices, price indices, consumer confidence indices, sectoral confidence indices); various statistics (construction permit statistics, housing sales and price statistics etc.); data reading; inflation calculation; structural properties of gross domestic product; economic fluctuations; Kitchin, Kuznets, Kondratieff cycles; fiscal and monetary statistics; risk measurement are basic issues.

Learning Outcomes
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Course's Contribution To Program
NoProgram Learning OutcomesContribution
12345
1
Explains Econometric concepts
X
2
Acquires basic Mathematics, Statistics and Operation Research concepts
X
3
Equipped with the foundations of Economics, and develops Economic models
X
4
Describes the necessary concepts of Business
5
Models problems with Mathematics, Statistics, and Econometrics
X
6
Estimates the model consistently and analyzes & interprets its results
X
7
Acquires the ability to analyze, benchmark, evaluate and interpret at conceptual levels to develop solutions to problems
X
8
Collects, edits, and analyzes data
X
9
Uses a package program of Econometrics, Statistics, and Operation Research
X
10
Effectively works, take responsibility, and the leadership individually or as a member of a team
X
11
Awareness towards life-long learning and follow-up of the new information and knowledge in the field of study
X
12
Develops the ability of using different resources in the form of academic rules, synthesis the information gathered, and effective presentation in an area which has not been studied
X
13
Uses Turkish and at least one other foreign language, academically and in the business context
X
14
Good understanding, interpretation, efficient written and oral expression of the people involved
X
15
Improves his/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development
16
Questions traditional approaches and their implementation while developing alternative study programs when required
X
17
Recognizes and implements social, scientific, and professional ethic values
X
18
Follows actuality, and interprets the data about economic and social events
X

Course Content
WeekTopicsStudy Materials _ocw_rs_drs_yontem
1 Types of data in economic researches, indicators, variables and graph types, basic statistical concepts Reading
2 Data reading methods with practical, theoretical and accounting approaches Readings and application
3 The concept of index, index types (simple and composite indices; Laspeyres, Paasche and Fisher indices); index weighing and commenting Readings and application
4 Data reading methods with practical, theoretical and accounting approaches Readings and application
5 Methods of tracking economic developments in terms of demand-supply production; Sectoral expectation-confidence indices Readings and application
6 Interpretations of inflation and price indices; Some structural features of national income Readings and application
7 Fluctuations in the economy (Kitchin cycles, Juglar curves, Kuznets and Kondratieff cycles); Leading, coincident and lagging indicators Readings and application
8 Midterm Exam
9 Foreign trade and industry statistics applied in Turkey; Financial and monetary statistics Readings and application
10 Risk concept and measurement; Interpretation of financial statements Readings and application
11 Stock Exchange and development indices Readings and application
12 Monitoring of the economy and prices; Consumer prices I-Index Readings and application
13 Exchange rate market and outsourcing; OECD and Central Bank leading indicators indices Readings and application
14 Economic applications of regression and trend analysis Readings, problem set and application
15 Some analyzes of time series methods Readings, problem set and application
16-17 Final Exam

Recommended or Required Reading
Textbook
Additional Resources