Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMETRICS PR. (ENGLISH) | |
| Code | ECMS404 |
| Name | Panel Data Analysis II |
| Term | 2017-2018 Academic Year |
| Semester | 8. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. KENAN LOPCU |
| Course Instructor |
Doç. Dr. HALİL İBRAHİM KESKİN
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
By the end of the course, students are expected to be completely mastered fundamental aspects of the Panel Data Analysis and be able to apply these methods to economic problems.
Course Content
This course is the second of two semesters designed to provide students with the application of Panel Data Analysis and implementation of methods. A detailed overview of panel data analysis and their applications believed to be the most useful will be presented.
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Explains the basic methods of panel data analysis. |
| LO02 | Students estimate the basic panel data models and interpret them economically. |
| LO03 | Learn the fundamental panel methods of discrete and limited dependent variables. |
| LO04 | Estimate the panel models of discrete and limited dependent variables. |
| LO05 | It estimates censored panel data models (Tobit Model). |
| LO06 | Explains the basic concepts of panel data analysis. |
| LO07 | Economically interprets the results of basic panel model estimations on discrete and limited dependent variables. |
| LO08 | Interpret the estimation results of censored panel data models (Tobit Model). |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the basic concepts and theorems in the fields of Econometrics, Statistics and Operations research | 3 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Acquires basic Mathematics, Statistics and Operation Research concepts | 4 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Describes the necessary concepts of Business | |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Equipped with the foundations of Economics, and develops Economic models | 4 |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Models problems with Mathematics, Statistics, and Econometrics | 3 |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | Analyzes/interprets at the conceptual level to develop solutions to problems | 4 |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Collects/analyses data from reliable data sources for the purpose of study | 3 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Interprets the results analyzed with the model | 4 |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Combines the information obtained from different sources within the framework of academic rules in a field of research | 3 |
| PLO10 | Beceriler - Bilişsel, Uygulamalı | Adapts traditional approaches, practices and methods to a new study when necessary | 2 |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Uses a package program of Econometrics, Statistics, and Operation Research | 4 |
| PLO12 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Leads by taking responsibility individually and/or within the team | |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | In addition to herself/himself professional development, constantly improves in scientific, cultural, artistic and social fields in line with interests and abilities | |
| PLO14 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, it follows the current developments in the field / constantly renews itself | |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses Turkish and at least one other foreign language, academically and in the business context | 3 |
| PLO16 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Interprets the feelings, thoughts and behaviors of the related persons correctly/expresses himself/herself correctly in written and verbal form | 4 |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Interprets data on current economic and social issues | 4 |
| PLO18 | Yetkinlikler - Alana Özgü Yetkinlik | Applies social, scientific and professional ethical values | 2 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Discrete and Limited Dependent Variables | Readings and problem set | |
| 2 | Discrete and Limited Dependent Variables | Readings and problem set | |
| 3 | Discrete and Limited Dependent Variables | Readings and problem set | |
| 4 | The Linear Probability Model | Readings and problem set | |
| 5 | The Linear Probability Model | Readings and problem set | |
| 6 | The Logit and Probit Models | Readings and problem set | |
| 7 | The Logit and Probit Models | Readings and problem set | |
| 8 | Midterm | ||
| 9 | Modelling Count Data | Readings and problem set | |
| 10 | Modelling Count Data | Readings and problem set | |
| 11 | Modelling Count Data: The Poisson Regression Model | Readings and problem set | |
| 12 | Modelling Count Data: The Poisson Regression Model | Readings and problem set | |
| 13 | Modelling Censored Data | Readings and problem set | |
| 14 | Modelling Censored Data: Tobit Model | Readings and problem set | |
| 15 | Modelling Censored Data: Tobit Model | Readings and problem set | |
| 16 | Final Exam | ||
| 17 | Final Exam |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 5 | 70 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 15 | 15 |
| Final Exam | 1 | 30 | 30 |
| Total Workload (Hour) | 157 | ||
| Total Workload / 25 (h) | 6,28 | ||
| ECTS | 6 ECTS | ||