TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMETRICS PR. (ENGLISH) | |
| Code | ECMZ302 |
| Name | Econometrics II |
| Term | 2020-2021 Academic Year |
| Semester | 6. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Uzaktan Öğretim |
| Catalog Information Coordinator | Prof. Dr. KENAN LOPCU |
| Course Instructor |
Doç. Dr. SERA ŞANLI
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
Providing theoretical equipment in analyzing economics relations. For this aim, understanding econometric definitions and concepts, doing statistical analysis and explaiing these.
Course Content
The problems of multicollinearity, heteroskedasticity and autocorrelation, econometric modelling, simultaneous equations models
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Defining and explaining the problem of multicollinearity |
| LO02 | Detection of the problem of multicollinearity |
| LO03 | Defining and imposing the remedial measures for multicollinearity |
| LO04 | Defining and explaining the problem of heteroskedasticity |
| LO05 | Detection of the problem of heteroskedasticity |
| LO06 | Defining and imposing the remedial measures for heteroskedasticity |
| LO07 | Defining and explaining the problem of autocorrelation |
| LO08 | Detection of the problem of autocorrelation |
| LO09 | Defining and imposing the remedial measures for autocrrelation |
| LO10 | Defining model and diagnostic testing in modelling |
| LO11 | Explaining simultaneous equations models and practicing proper estimation methods |
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 | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Acquires basic Mathematics, Statistics and Operation Research concepts | 5 |
| 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 | 5 |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | Analyzes/interprets at the conceptual level to develop solutions to problems | 5 |
| 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 | 5 |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Combines the information obtained from different sources within the framework of academic rules in a field of research | |
| PLO10 | Beceriler - Bilişsel, Uygulamalı | Adapts traditional approaches, practices and methods to a new study when necessary | 5 |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Uses a package program of Econometrics, Statistics, and Operation Research | |
| 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 | 4 |
| 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 | |
| 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 | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Interprets data on current economic and social issues | 5 |
| PLO18 | Yetkinlikler - Alana Özgü Yetkinlik | Applies social, scientific and professional ethical values |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | The problem of multicollinearity and practical consequences of the problem | Reading the textbook | |
| 2 | The tests for detecting multicollinearity | Reading the textbook | |
| 3 | Remedial measures for multicollieanirity | Reading the textbook | |
| 4 | The problem of heteroskedasticity and practical consequences of the problem | Reading the textbook | |
| 5 | The tests for detecting heteroskedasticity | Reading the textbook | |
| 6 | Remedial measures for heteroskedasticty | Reading the textbook | |
| 7 | The problem of autocorrelation and practical consequences of the problem | Reading the textbook | |
| 8 | Midterm Exam | Studying the course content | |
| 9 | The tests for detecting autocorrelation | Reading the textbook | |
| 10 | Remedial measures for autocorrelation | Reading the textbook | |
| 11 | Model specification errors in econometric modelling | Reading the textbook | |
| 12 | Tests for specification erros | Reading the textbook | |
| 13 | The structure and content of simultaneous equations models | Reading the textbook | |
| 14 | The identification problem in simultaneous equations models | Reading the textbook | |
| 15 | Estimation methods in simultaneous equations models | Reading the textbook | |
| 16 | Final Exam | Studying the whole course content | |
| 17 | Final Exam | Studying the whole course content |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
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 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 114 | ||
| Total Workload / 25 (h) | 4,56 | ||
| ECTS | 5 ECTS | ||