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Information
| Code | IEM1803 |
| Name | Dynamic Econometric Models I |
| Term | 2023-2024 Academic Year |
| Term | Fall and Spring |
| Duration (T+A) | 4-0 (T-A) (17 Week) |
| ECTS | 8 ECTS |
| National Credit | 4 National Credit |
| Teaching Language | Türkçe |
| Level | Doktora Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. KENAN LOPCU |
| Course Instructor |
1 |
Course Goal / Objective
The aim of this course is to provide a theoretical background for dynamic econometric analysis.
Course Content
In this course, theoretical issues and estimation methods related to time series analysis are examined.
Course Precondition
None
Resources
James Douglas Hamilton, (1994) Time Series Analysis, Princeton University Press, ISBN: 9780691042893
Notes
Gebhard Kirchgässner, Jürgen Wolters (2007), Introduction to Modern Time Series Analysis, Springer, ISBN: 978-3-540-73291-4
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Creating a new model by using mathematics, statistics and econometrics to solve the problem faced. |
| LO02 | Apply the most appropriate method in order to estimate model and interpret the results. |
| LO03 | Defines, collects, organizes and analyzes the data in an appropriate manner. |
| LO04 | Presents the results of the analysis appropriately; translates his / her findings into a doctoral dissertation in Turkish or foreign languages or a professional report. |
| LO05 | Uses a package program on Econometrics, Statistics and Operations Research, or writes a new computer code |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Identify an econometric problem and propose a new solution to it | 3 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Develops new knowledge using current concepts in Econometrics, Statistics and Operations Research | 3 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Explain for what purpose and how econometric methods are applied to other fields and disciplines | 4 |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Using her knowledge, brings original solutions to problems in Economics, Business Administration and other social sciences | 4 |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Creates a new model using mathematics, statistics and econometrics knowledge to solve the problem encountered | 2 |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | Interprets the results obtained from the most appropriate method to predict the model | 5 |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Performs conceptual analysis to develop solutions to problems | |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Collects data on purpose | 5 |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Synthesizes the information obtained by using different sources within the framework of academic rules in a field that does not research | 2 |
| PLO10 | Beceriler - Bilişsel, Uygulamalı | Presents analysis results conveniently | 2 |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Converts its findings into a master's thesis or a professional report in Turkish or a foreign language | |
| PLO12 | Beceriler - Bilişsel, Uygulamalı | It researches current approaches and methods to solve the problems it encounters and proposes new solutions | 3 |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Develops long-term plans and strategies using econometric and statistical methods | |
| PLO14 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Performs self-study using knowledge of Econometrics, Statistics and Operations to solve a problem | 2 |
| PLO15 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Leads the team by taking responsibility | |
| PLO16 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, it constantly renews itself by following the current developments in the field of study | |
| PLO17 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses acquired knowledge in the field to determine the vision, aim, and goals for an organization/institution | |
| PLO18 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses a package program of Econometrics, Statistics, and Operation Research or writes a new code | |
| PLO19 | 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 | |
| PLO20 | Yetkinlikler - Alana Özgü Yetkinlik | Applies social, scientific and professional ethical values | |
| PLO21 | Yetkinlikler - Alana Özgü Yetkinlik | Interprets data on economic and social events by following current issues | 3 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction and Methodology | Readings and Problem Set | Öğretim Yöntemleri: Anlatım |
| 2 | Difference Equations I | Readings and Problem Set | Öğretim Yöntemleri: Anlatım |
| 3 | Difference Equations II | Readings and Problem Set | Öğretim Yöntemleri: Anlatım |
| 4 | Lag Operators | Readings and Problem Set | Öğretim Yöntemleri: Anlatım |
| 5 | Pth Order Difference Equations | Readings and Problem Set | Öğretim Yöntemleri: Anlatım |
| 6 | Stationary ARMA Processes I | Readings and Problem Set | Öğretim Yöntemleri: Anlatım |
| 7 | Stationary ARMA Processes II | Readings and Problem Set | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | Problem Solving | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Forecasting | Readings and Problem Set | Öğretim Yöntemleri: Anlatım |
| 10 | Principles of Forecasting | Readings and Problem Set | Öğretim Yöntemleri: Anlatım |
| 11 | Maximum Likelihood Estimation I | Readings and Problem Set | Öğretim Yöntemleri: Anlatım |
| 12 | Maximum Likelihood Estimation II | Readings and Problem Set | Öğretim Yöntemleri: Anlatım |
| 13 | Spectral Analysis I | Readings and Problem Set | Öğretim Yöntemleri: Anlatım |
| 14 | Spectral Analysis II | Readings and Problem Set | Öğretim Yöntemleri: Anlatım |
| 15 | Review | Readings and Problem Set | Öğretim Yöntemleri: Anlatım |
| 16 | Term Exams | Ölçme Yöntemleri: Yazılı Sınav |
|
| 17 | Term Exams | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 4 | 56 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 8 | 112 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 2 | 4 | 8 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 24 | 24 |
| Total Workload (Hour) | 212 | ||
| Total Workload / 25 (h) | 8,48 | ||
| ECTS | 8 ECTS | ||