ECMZ302 Econometrics II

5 ECTS - 3-0 Duration (T+A)- 6. Semester- 3 National Credit

Information

Code ECMZ302
Name Econometrics II
Term 2024-2025 Academic Year
Semester 6. Semester
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 5 ECTS
National Credit 3 National Credit
Teaching Language İngilizce
Level Lisans Dersi
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Prof. Dr. KENAN LOPCU
Course Instructor
1 2
Doç. Dr. ÇİLER SİGEZE GÜNEY (A Group) (Ins. in Charge)


Course Goal / Objective

Providing theoretical equipment in analyzing economics relations. For this aim, understanding econometric definitions and concepts, doing statistical analysis and explaiing these.

Course Content

The problems of multicollinearity, heteroskedasticity and autocorrelation, econometric modelling, simultaneous equations models

Course Precondition

Successful completion of Mathematics I-II, Introduction to Economics I-II and Statistics I-II.

Resources

Carter Hill, William Griffiths, and George Judge, Undergraduate Econometrics, 2nd Edition, John Wiley and Sons, 2001. Carter Hill, William Griffiths, and Guay C. Lim, Principles of Econometrics, 4rth Edition, John Wiley and Sons, 2011. Damodar N. Gujarati, Basic Econometrics, 4th edition, McGraw-Hill, 2003. Ercan Uygur, Ekonometri: Yöntem ve Uygulama, İmaj Yayınevi, Ankara, 2001.

Notes

Lecture Notes


Course Learning Outcomes

Order Course Learning Outcomes
LO01 Defining the problem of multicollinearity.
LO02 Detecting the multicollinearity problem.
LO03 Applying the remedial measures to the multicollinearity problem.
LO04 Defining the problem of heteroskedasticity.
LO05 Detecting the heteroskedasticity problem.
LO06 Applying the remedial measures to the heteroskedasticity problem.
LO07 Defining the problem of autocorrelation
LO08 Detecting the autocorrelation problem.
LO09 Applying the remedial measures to the autocorrelation problem.
LO10 Imposing the econometric model identification tests.
LO11 Explaining simultaneous equations models
LO12 Applying proper estimation methods to the simultaneous equations models


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 5
PLO02 Bilgi - Kuramsal, Olgusal Acquires basic Mathematics, Statistics and Operation Research concepts 5
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 5
PLO06 Beceriler - Bilişsel, Uygulamalı Has the ability to analyze/interpret at the conceptual level to develop solutions to problems 5
PLO07 Beceriler - Bilişsel, Uygulamalı Collects/analyses data 3
PLO08 Bilgi - Kuramsal, Olgusal Interprets the results analyzed with the model 5
PLO09 Beceriler - Bilişsel, Uygulamalı Combines the information obtained from different sources within the framework of academic rules in a field which does not research
PLO10 Beceriler - Bilişsel, Uygulamalı It develops traditional approaches, practices and methods into new working methods when it deems necessary 5
PLO11 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Leads by taking responsibility individually and/or within the team
PLO12 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 4
PLO13 Yetkinlikler - Öğrenme Yetkinliği Being aware of the necessity of lifelong learning, it follows the current developments in the field / constantly renews itself
PLO14 Yetkinlikler - İletişim ve Sosyal Yetkinlik Uses a package program of Econometrics, Statistics, and Operation Research
PLO15 Yetkinlikler - İletişim ve Sosyal Yetkinlik Uses Turkish and at least one other foreign language, academically and in the business context
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
PLO17 Yetkinlikler - Alana Özgü Yetkinlik Interprets data on current economic and social issues 5
PLO18 Yetkinlikler - Alana Özgü Yetkinlik Applies social, scientific and professional ethical values


Week Plan

Week Topic Preparation Methods
1 The problem of multicollinearity and practical consequences of the problem Reading the textbook Öğretim Yöntemleri:
Anlatım
2 The tests for detecting multicollinearity Reading the textbook Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
3 Remedial measures for multicollieanirity Reading the textbook Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
4 The problem of heteroskedasticity and practical consequences of the problem Reading the textbook Öğretim Yöntemleri:
Anlatım
5 The tests for detecting heteroskedasticity Reading the textbook Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
6 Remedial measures for heteroskedasticty Reading the textbook Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
7 The problem of autocorrelation and practical consequences of the problem Reading the textbook Öğretim Yöntemleri:
Anlatım
8 Midterm Exam Studying the course content Ölçme Yöntemleri:
Yazılı Sınav
9 The tests for detecting autocorrelation Reading the textbook Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
10 Remedial measures for autocorrelation Reading the textbook Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
11 Model specification errors in econometric modelling Reading the textbook Öğretim Yöntemleri:
Anlatım
12 Tests for specification erros Reading the textbook Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
13 The structure and content of simultaneous equations models Reading the textbook Öğretim Yöntemleri:
Anlatım
14 The identification problem in simultaneous equations models Reading the textbook Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
15 Estimation methods in simultaneous equations models Reading the textbook Öğretim Yöntemleri:
Anlatım, Alıştırma ve Uygulama
16 Final Exam Studying the whole course content Ölçme Yöntemleri:
Yazılı Sınav
17 Final Exam Studying the whole course content 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

Update Time: 08.05.2024 12:33