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Information
| Code | İKT831 |
| Name | Advanced Econometrics |
| Term | 2024-2025 Academic Year |
| Semester | . Semester |
| 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. HASAN ALTAN ÇABUK |
Course Goal / Objective
Modelling economic relations by using econometric methods, their computer based applications and interpreting the models
Course Content
DF and ADF unit root tests, Engel-Granger and Johansen cointegration tests, estimation of VEC model, estimation of ARIMA models, estimation of VAR model
Course Precondition
There are no prerequisites for the course
Resources
Domar N. Gujarati (Çevirenler Ümit Şenesen ve Gülay Günlük Şenesen), Temel Ekonometri, Literatür Yayıncılık, 1. Baskı, İstanbul, 1999
Notes
Ekonometriye Giriş: Modern Yaklaşım Çeviren Ebru Çağlayan Akay Nobel Yayıncılık
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Explains Econometric concepts |
| LO02 | Equipped with the foundations of Economics, develops Economic models |
| LO03 | Models problems using the knowledge of Mathematics, Statistics, and Econometrics |
| LO04 | Being aware of the necessity of lifelong learning, it follows current developments and renews itself continuously |
| LO05 | Will be able to follow current issues, interpret data on economic and social events. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explains the importance of demand and supply and the conditions of the market economy to work better | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Conducts new research that contributes to science. | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Specifies the role of the market economy, the price advantage of the event. | |
| PLO04 | Bilgi - Kuramsal, Olgusal | Specifies the role of the price advantage in market economy | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Faces with challenges, produces a numerical and policy options. | 5 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Applies the methods of economic analysis. | 5 |
| PLO07 | Bilgi - Kuramsal, Olgusal | Acquires the ability of analyzing in the conceptual level ,compares interprets, evaluates and synthesizes ideas in order to develop solutions to the problems. | |
| PLO08 | Bilgi - Kuramsal, Olgusal | Has the knowledge of quantitative and qualitative techniques used in Economics. | 4 |
| PLO09 | Yetkinlikler - Alana Özgü Yetkinlik | Builds, decodes and interprets models by using quantitative and qualitative techniques | |
| PLO10 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Takes responsibility individually and / or in a team,leads a team and works effectively | 4 |
| PLO11 | Yetkinlikler - Öğrenme Yetkinliği | With the awareness of the necessity of life-long learning, follows the latest developments about his field and improves himself | |
| PLO12 | Bilgi - Kuramsal, Olgusal | Speaks Turkish, and at least one other foreign language in accordance with the requirements of academic and business life. | |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Recognize and apply social, scientific and professional ethical values. | |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Expresses himself/herself accurately, both orally and in writing. | |
| PLO15 | Beceriler - Bilişsel, Uygulamalı | Publishes original studies in the field of economics in scientific journals. | |
| PLO16 | Beceriler - Bilişsel, Uygulamalı | Knows where and how to find all scientific resources and data with information technologies to do research. | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Understands the necessity and importance of research in social sciences. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Estimation of AR model | Reading related sources ,Problem Set and Application | Öğretim Yöntemleri: Anlatım |
| 2 | Estimation of MA model | Reading related sources ,Problem Set and Application | Öğretim Yöntemleri: Anlatım |
| 3 | Estimation of ARMA model | Reading related sources ,Problem Set and Application | Öğretim Yöntemleri: Anlatım |
| 4 | Estimation of ARIMA model | Reading related sources ,Problem Set and Application | Öğretim Yöntemleri: Anlatım |
| 5 | Estimation of VAR model | Reading related sources ,Problem Set and Application | Öğretim Yöntemleri: Anlatım |
| 6 | Estimation of ARCH model | Reading related sources ,Problem Set and Application | Öğretim Yöntemleri: Anlatım |
| 7 | Review before the midterm exam | Reading related sources ,Problem Set and Application | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | EXAM | Öğretim Yöntemleri: Anlatım |
| 9 | DF unit root test | Reading related sources ,Problem Set and Application | Öğretim Yöntemleri: Anlatım |
| 10 | ADF unit root test | Reading related sources ,Problem Set and Application | Öğretim Yöntemleri: Anlatım |
| 11 | ADF unit root test-2 | Reading related sources ,Problem Set and Application | Öğretim Yöntemleri: Anlatım |
| 12 | Engle-Granger cointegration test | Reading related sources ,Problem Set and Application | Öğretim Yöntemleri: Anlatım |
| 13 | Engle-Granger cointegration test-1 | Reading related sources ,Problem Set and Application | Öğretim Yöntemleri: Anlatım |
| 14 | Johansen cointegration test | Reading related sources ,Problem Set and Application | Öğretim Yöntemleri: Anlatım |
| 15 | Johansen cointegration test-1 | Reading related sources ,Problem Set and Application | Öğretim Yöntemleri: Anlatım |
| 16 | Term Exams | Final exam | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Final exam | 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 | ||