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| Unit | INSTITUTE OF SOCIAL SCIENCES |
| ECONOMETRICS (PhD) | |
| Code | IEM1821 |
| Name | Dynamic Panel Data Models I |
| Term | 2024-2025 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 |
The current term course schedule has not been prepared yet.
|
Course Goal / Objective
The objective of this course is to cover panel unit root and panel cointegration topics and enable students to apply these concepts in practice.
Course Content
In this course, advanced topics in panel data will be introduced, and after a review of the fundamental concepts, panel unit root, panel cointegration, and related topics will be discussed.
Course Precondition
Successful completion of graduate courses in the fields of Econometrics and Time Series.
Resources
Baum, C. F. (2020). Dynamic panel data models. SAGE Publications Limited.
Notes
Yerdelen Tatoğlu, F. (2024). Panel zaman serileri analizi. Beta Yayınevi.
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Understands the fundementals of panel data |
| LO02 | Learns how to apply panel unit root tests |
| LO03 | Learns how to apply panel cointegration tests |
| LO04 | Performs diagnostic tests in panel data analysis. |
| LO05 | Evaluates economically the results of the panel data analysis |
| LO06 | Applies panel error correction models. |
| LO07 | Uses pooled mean group estimators. |
| LO08 | Performs panel data modeling under small T. |
| LO09 | Explains bias and solution methods in panel data analysis. |
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 | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Develops new knowledge using current concepts in Econometrics, Statistics and Operations Research | 4 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Explain for what purpose and how econometric methods are applied to other fields and disciplines | 5 |
| 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 | 5 |
| 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 | 5 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Collects data on purpose | 4 |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Synthesizes the information obtained by using different sources within the framework of academic rules in a field of research | 3 |
| PLO10 | Beceriler - Bilişsel, Uygulamalı | Presents analysis results conveniently | 5 |
| 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 | 5 |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Develops long-term plans and strategies using econometric and statistical methods | 3 |
| PLO14 | Beceriler - Bilişsel, Uygulamalı | Uses a package program/writes a new code for Econometrics, Statistics, and Operation Research | |
| PLO15 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Performs self-study using knowledge of Econometrics, Statistics and Operations to solve a problem | 5 |
| PLO16 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Leads the team by taking responsibility | |
| PLO17 | 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 | |
| PLO18 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses acquired knowledge in the field to determine the vision, aim, and goals for an organization/institution | 4 |
| 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 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Review of fundamentals related to panel data | Related readings | Öğretim Yöntemleri: Tartışma |
| 2 | Solving examples about fundamentals related to panel data | Related readings | Öğretim Yöntemleri: Alıştırma ve Uygulama |
| 3 | Review of fundamentals related to dynamic panel data | Related readings | Öğretim Yöntemleri: Tartışma |
| 4 | Solving examples about fundamentals related to dynamic panel data | Related readings | Öğretim Yöntemleri: Alıştırma ve Uygulama |
| 5 | Introduction to Panel unit root tests | Related readings | Öğretim Yöntemleri: Anlatım |
| 6 | Applying the Panel unit root tests | Related readings | Öğretim Yöntemleri: Alıştırma ve Uygulama |
| 7 | Intorduction to IPS Panel unit root test | Related readings | Öğretim Yöntemleri: Anlatım |
| 8 | Midterm Exam | Ölçme Yöntemleri: Yazılı Sınav |
|
| 9 | Application of IPS Panel unit root test | Related readings | Öğretim Yöntemleri: Alıştırma ve Uygulama |
| 10 | Introduction to LL Panel unit root test | Related readings | Öğretim Yöntemleri: Anlatım |
| 11 | Application of LL Panel unit root test | Related readings | Öğretim Yöntemleri: Alıştırma ve Uygulama |
| 12 | Introduction to Panel cointegration analysis | Related readings | Öğretim Yöntemleri: Anlatım |
| 13 | Introduction to Panel cointegration tests | Related readings | Öğretim Yöntemleri: Anlatım |
| 14 | Panel eşbütünleşme testlerinin uygulanması | Related readings | Öğretim Yöntemleri: Alıştırma ve Uygulama |
| 15 | An overview | Related readings | Öğretim Yöntemleri: Tartışma |
| 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 | ||