COURSE INFORMATION
Course Title: ECONOMETRICS I
Code Course Type Regular Semester Theory Practice Lab Credits ECTS
ECO 311 B 5 4 0 0 4 5
Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature) NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours: Uğur Ergün , on Tuesdays 09:00 to 11:00
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours: Fatbardha Morina
Teaching Assistant(s) and Office Hours: NA
Language: English
Compulsory/Elective: Compulsory
Classroom and Meeting Time: E-212, Every Monday between 11:30 and 13:15, Tuesday between 10:30 and 12:15
Course Description: Econometrics I: Techniques of Econometrics, estimating the basic linear model and hypothesis testing, empirical illustrations to contemporary economic issues
Course Objectives: The primary objective of this course is to teach students fundamental econometric techniques in a highly empirical but theoretically rigorous context. Course presents an applied introduction to econometric techniques with some derivations of their properties, but leaves more theoretical treatment to future courses. For all groups, the course provides practical experience in the use of econometric software EVIEWS.
COURSE OUTLINE
Week Topics
1 Introduction, Basic Data Handling
2 The Nature of Econometrics and Economic Data
3 The Simple Regression Model
4 The Simple Regression Model
5 Multiple Regression: Estimation
6 Multiple Regression Analysis: Estimation
7 Multiple Regression Analysis: Inference
8 Midterm Exam
9 Multiple Regression Analysis: Inference
10 Multiple Regression Analysis: Further Issues
11 Multiple Regression Analysis: Further Issues
12 Multiple Regression Analysis with Qualitative Information: Binary Variables
13 Multiple Regression Analysis with Qualitative Information: Binary Variables
14 Review
Prerequisite(s): NA
Textbook: Introduction to Econometrics, J.M. Wooldridge, Cengage Learning Analysis of Economic Data. Gary Koop, Second Edition. John Wiley & Sons. Applied Econometrics with Eviews Applications. Ergun, Ugur and Goksu, Ali. IBU Publication
Other References: NA
Laboratory Work: 2 hours per week
Computer Usage: Eviews software program
Others: No
COURSE LEARNING OUTCOMES
1 provide skills to apply the basic econometric techniques.
2 provide skills to set up econometric model.
3 Provide ability for testing specification of the model.
4 Provide ability to apply fundamental econometric principles to real life and scientific problems
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)
No Program Competencies Cont.
Bachelor in Business Informatics (3 years) Program
1 Identify activities, tasks, and skills in management, marketing, accounting, finance, and economics. 3
2 Apply key theories to practical problems within the global business context. 5
3 Demonstrate ethical, social, and legal responsibilities in organizations. 4
4 Develop an open minded-attitude through continuous learning and team-work. 4
5 Integrate different skills and approaches to be used in decision making and data management. 5
6 Combine computer skills with managerial skills, in the analysis of large amounts of data. 5
7 Provide solutions to complex information technology problems. 4
8 Recognize, analyze, and suggest various types of information-communication systems/services that are encountered in everyday life and in the business world. 4
COURSE EVALUATION METHOD
Method Quantity Percentage
Midterm Exam(s)
1
20
Lab/Practical Exams(s)
2
20
Final Exam
1
30
Other
1
10
Total Percent: 100%
ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)
Activities Quantity Duration(Hours) Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 4 64
Hours for off-the-classroom study (Pre-study, practice) 16 2 32
Mid-terms 1 6 6
Assignments 0
Final examination 1 10 10
Other 1 13 13
Total Work Load:
125
Total Work Load/25(h):
5
ECTS Credit of the Course:
5