TÜRKÇE
ENGLISH
Information
| Code | EKMS403 |
| Name | Panel Data Analysis I |
| Term | 2024-2025 Academic Year |
| Semester | 7. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. KENAN LOPCU |
| Course Instructor |
Doç. Dr. HALİL İBRAHİM KESKİN
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
By the end of the course, students are expected to be completely mastered fundamental aspects of the Panel Data Analysis and be able to apply these methods to economic problems.
Course Content
This course is the first of two terms designed to provide panel data analysis and application of methods. Basic concepts used in panel data analysis are explained. Panel data models are introduced. In addition to basic panel data estimation methods and applications of these methods, it covers the tests required at each stage for model selection and the applications of these tests.
Course Precondition
No Prerequisites
Resources
Tatoğlu, F. Y. (2012). Panel veri ekonometrisi. Beta Yayınevi. Tatoğlu, F. Y. (2012). İleri panel veri analizi: Stata uygulamalı. Beta.
Notes
Data Sets, Related Articles
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Explains the basic methods related to Panel Data Analysis |
| LO02 | Students gain the ability to estimate the basic panel data models. |
| LO03 | Gains the ability to economically interpret the estimated basic panel econometric models. |
| LO04 | Explains the assumptions of classical panel models |
| LO05 | Gaining the ability to control the violations of the assumptions of panel estimators. |
| LO06 | Explains the basic concepts related to Panel Data Analysis |
| LO07 | Applies the necessary tests to choose between alternative panel data models |
| LO08 | Applies the necessary tests to determine the appropriate panel data model |
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 | 4 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Acquires basic Mathematics, Statistics and Operation Research concepts | 4 |
| 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 | 3 |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | Analyzes/interprets at the conceptual level to develop solutions to problems | 3 |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Collects/analyses data from reliable data sources for the purpose of study | 4 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Interprets the results analyzed with the model | 3 |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Combines the information obtained from different sources within the framework of academic rules in a field of research | 4 |
| PLO10 | Beceriler - Bilişsel, Uygulamalı | Adapts traditional approaches, practices and methods to a new study when necessary | 4 |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Uses a package program of Econometrics, Statistics, and Operation Research | 4 |
| 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 | 3 |
| PLO14 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, it constantly renews itself by following the current developments in its field. | |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses Turkish and at least one other foreign language, academically and in the business context | 3 |
| 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 | 3 |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Interprets data on current economic and social issues | 3 |
| PLO18 | Yetkinlikler - Alana Özgü Yetkinlik | Applies social, scientific and professional ethical values |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | The basic concepts of panel data | The relevant section should be read from the course resource book. | Öğretim Yöntemleri: Anlatım |
| 2 | Panel Data Models 1 | The second chapter in the panel data econometrics book should be read | Öğretim Yöntemleri: Anlatım, Gösterip Yaptırma |
| 3 | Panel Data Models 2 | The second chapter in the panel data econometrics book should be read | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 4 | Pooled Least Squares Estimation 1 | The second chapter of the panel data econometrics book should be read in part two | Öğretim Yöntemleri: Anlatım |
| 5 | Pooled Least Squares Estimation 2 | The second chapter of the panel data econometrics book should be read in part two | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 6 | Estimation after Differencing 1 | The second part of the panel data econometrics book should be read in the fourth part | Öğretim Yöntemleri: Anlatım |
| 7 | Estimation after Differencing 2 | The second part of the panel data econometrics book should be read in the fourth part | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 8 | Mid-Term Exam | Ölçme Yöntemleri: Yazılı Sınav |
|
| 9 | Fixed Effects Estimation 1 | The third chapter in the panel data econometrics book should be read | Öğretim Yöntemleri: Anlatım |
| 10 | Fixed Effects Estimation 2 | The third chapter in the panel data econometrics book should be read | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 11 | Random Effects Estimation 1 | The fourth chapter in the panel data econometrics book should be read | Öğretim Yöntemleri: Anlatım |
| 12 | Random Effects Estimation 2 | The fourth chapter in the panel data econometrics book should be read | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 13 | Assumptions of the Panel Model | The third and fourth chapters in the panel data econometrics book should be read | Öğretim Yöntemleri: Anlatım |
| 14 | Relaxing the assumptions of the Panel Model 1 | The third and fourth chapters in the panel data econometrics book should be read | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 15 | Relaxing the assumptions of the Panel Model 2 | economic data set should be investigated | Öğretim Yöntemleri: Anlatım, Problem Çözme, Bireysel Çalışma, Gösterip Yaptırma |
| 16 | Final Assignment | Data set | Ölçme Yöntemleri: Ödev |
| 17 | Term Exams | All Lecture Notes and application notes must be read | Ölçme Yöntemleri: Yazılı Sınav |
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 | ||