TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMETRICS PR. (ENGLISH) | |
| Code | ECMZ308 |
| Name | Impact Evaluation In Econometrics |
| Term | 2020-2021 Academic Year |
| Semester | 6. Semester |
| Duration (T+A) | 2-0 (T-A) (17 Week) |
| ECTS | 3 ECTS |
| National Credit | 2 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Uzaktan Öğretim |
| Catalog Information Coordinator | Prof. Dr. HASAN ALTAN ÇABUK |
| Course Instructor |
Doç. Dr. HALİL İBRAHİM KESKİN
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The objective of this course is to provide students with a basic knowledge on methods for the impact evaluation of policies and programs. The course, also aims to provide students with a variety of econometric techniques in impact evaluation as well as practical skills to assess causality and impact.
Course Content
The course covers impact evaluation theory basic concepts, experimental design and basic statistics, as well as methods randomization, difference-in-difference, regression discontinuity, and propensity score matching.
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Learn how to develop meaningful hypotheses suitable for evaluation |
| LO02 | Understand and apply a variety of econometric methods for estimating impact. |
| LO03 | Learn how to test hypotheses established for evaluation using econometric techniques |
| LO04 | Understand the importance of impact evaluation in various areas of the economy |
| LO05 | Interpret the results of impact evaluation in various areas of the economy |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | Explains Econometric concepts | 4 |
| PLO02 | - | Acquires basic Mathematics, Statistics and Operation Research concepts | 3 |
| PLO03 | - | Equipped with the foundations of Economics, and develops Economic models | 2 |
| PLO04 | - | Describes the necessary concepts of Business | 1 |
| PLO05 | - | Models problems with Mathematics, Statistics, and Econometrics | 4 |
| PLO06 | - | Estimates the model consistently and analyzes & interprets its results | 5 |
| PLO07 | - | Acquires the ability to analyze, benchmark, evaluate and interpret at conceptual levels to develop solutions to problems | 5 |
| PLO08 | - | Collects, edits, and analyzes data | 5 |
| PLO09 | - | Uses a package program of Econometrics, Statistics, and Operation Research | 5 |
| PLO10 | - | Effectively works, take responsibility, and the leadership individually or as a member of a team | 3 |
| PLO11 | - | Awareness towards life-long learning and follow-up of the new information and knowledge in the field of study | 5 |
| PLO12 | - | 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 | 3 |
| PLO13 | - | Uses Turkish and at least one other foreign language, academically and in the business context | 3 |
| PLO14 | - | Good understanding, interpretation, efficient written and oral expression of the people involved | 3 |
| PLO15 | - | Improves his/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development | 4 |
| PLO16 | - | Questions traditional approaches and their implementation while developing alternative study programs when required | 5 |
| PLO17 | - | Recognizes and implements social, scientific, and professional ethic values | 4 |
| PLO18 | - | Follows actuality, and interprets the data about economic and social events | 5 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction to Impact Evaluation and Basic Concepts | Students will be prepared by studying relevant subjects from source books and material according to weekly program. | |
| 2 | Overview of Causal Inference: Counterfactuals and the fundamental problem of causal inference, selection/omitted variable bias. | Students will be prepared by studying relevant subjects from source books and material according to weekly program. | |
| 3 | Randomized Evaluations I: Average Treatment Effects and Treatment on the Treated. | Students will be prepared by studying relevant subjects from source books and material according to weekly program. | |
| 4 | Randomized Evaluations II: Partial compliance in Randomized Control Trials; Encouragement designs and Intention to Treat (ITT) and Local Average Treatment Effects (LATE). | Students will be prepared by studying relevant subjects from source books and material according to weekly program. | |
| 5 | Introducing Stata Software and Applications | Students will be prepared by studying relevant subjects from source books and material according to weekly program. | |
| 6 | Regression Discontinuity | Students will be prepared by studying relevant subjects from source books and material according to weekly program. | |
| 7 | Problems and Applications | Students will be prepared by studying relevant subjects from source books and material according to weekly program. | |
| 8 | Mid-Term Exam | Pre-exam revize | |
| 9 | Matching Methods and Propensity Scores | Students will be prepared by studying relevant subjects from source books and material according to weekly program. | |
| 10 | An application of PSM in Stata | Students will be prepared by studying relevant subjects from source books and material according to weekly program. | |
| 11 | Difference-in-Differences Method | Students will be prepared by studying relevant subjects from source books and material according to weekly program. | |
| 12 | Difference-in-Differences: Regression Method | Students will be prepared by studying relevant subjects from source books and material according to weekly program. | |
| 13 | Testing the Assumptions of Difference-in-Differences Model | Students will be prepared by studying relevant subjects from source books and material according to weekly program. | |
| 14 | An application of DID in Stata | Students will be prepared by studying relevant subjects from source books and material according to weekly program. | |
| 15 | Summary of Impact Evaluation and Applications | Students will be prepared by studying relevant subjects from source books and material according to weekly program. | |
| 16 | Term Exams | Pre-exam revise | |
| 17 | Term Exams | Pre-exam revise |
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 | 2 | 28 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 2 | 28 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 6 | 6 |
| Final Exam | 1 | 16 | 16 |
| Total Workload (Hour) | 78 | ||
| Total Workload / 25 (h) | 3,12 | ||
| ECTS | 3 ECTS | ||