Econometrics II

Program Type:

Thesis

Non Thesis

Course Code:

ECON 511

Semester:

Spring

Course Type:

Core

P:

3

Lab:

0

Credits:

3

ECTS:

10

Course Language:

English

Course Coordinator:

Ahmet ÖZÇAM

Courses given by:

Ahmet ÖZÇAM

Course Objectives:

Econometrics II aims at providing advanced econometric skills in the forms of modern time series and panel data. To this end, the students will be encouraged to undertake projects so that they can practice their econometric knowledge with an appropriate econometric software.

Course Content:

Unit root testing, different cointegration technqiues, error correction modells, ARCH and GARCH modelling, panel econometric technqiues, different causality analyses.

Teaching Methods:

Anlatım, Soru Cevap, Tartışma, Örnek Olay

Assessment Methods:

Sınav, Ödev

Vertical Tabs

Course Learning Outcomes

1. Understand the meaning and importance of unit root testing procedure
2. Be able to understand and apply cointegration techniques
3. Be able to test and apply error correction models
4. Be able to undersand and apply ARCH and GARCH techniques
5. Be able to understand and apply panel econometric techniques
6. Be able to understand and apply causality anaysis;

Course Flow

COURSE'S CONTRIBUTION TO PROGRAM
Week	Topic	Study Materials
1	Stationarity
2	Unit root testing
3	Extensions in unit root testing
4	Cointegration
5	Extensions in cointegration
6	Error correction modells
7	Midterm
8	Extensions in error correction modells
9	Modern causality tests
10	ARCH and GARCh techniques
11	Extensions in ARCH and GARCH techniques
12	Panel econometric techniques
13	Extensions in panel econometric techniques
14	Review

Recommended Sources

RECOMMENDED SOURCES
Textbook		List of selected text books
Additional Resources		Weekly hand outs will be distributed

Material Sharing

MATERIAL SHARING
Documents		Lecture notes
Assignments		Regular practises and applications in computing labs
Exams		Tutorial on exam questions

Assessment

ASSESSMENT
IN-TERM STUDIES	NUMBER	PERCENTAGE
Mid-terms	1	50
Quizzes (attendance, presentation, etc.)
Assignments
	Total	50
Contribution of Final Examination to Overall Grade	1	50
Contribution of In-Term Studies to Overall Grade	1	50
	Total	100

Course’s Contribution to Program

COURSE'S CONTRIBUTION TO PROGRAM
No	Program Learning Outcomes	Contribution
		1	2	3	4	5
1	Formulate and develop a critical and comprehensive understanding of global and national economic problems, and construct and design practical solutions;			x
2	Extract information and concepts from various disciplines in social sciences and integrate them under the rubric of economics;			x
3	Construct testable hypotheses to find original, practical solutions to various social ills and problems;					x
4	Develop an analytical understanding of economic problems, and the ability to evaluate the inherent logic, assumptions and conclusions of alternative approaches;				x
5	Develop the necessary technical skills to evaluate alternative approaches in economics;					x
6	Formulate research projects, plan and conduct research in social sciences in general and in economics in particular;					x
7	Present the results of their research in national and international conferences and in scientific and professional venues;			x
8	Apply the scientific / academic modes of thought and analysis to their professional lives and form a bridge between the analytical and abstract modes of thinking of academia and the practical and dynamic skills of business life;				x
9	Nurture and develop the analytical and technical skills necessary to continue their studies at a Ph.D. level, either in Turkey or elsewhere around the globe.			x

ECTS

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COUSE DESCRIPTION
Activities	Quantity	Duration (Hour)	Total Workload (Hour)
Course Duration (Including the Exam Week: 15 x total course hours)	15	3	45
Hours for off-the-classroom study (Pre-study, practice)	15	10	150
Mid-terms	1	20	20
Quizzes (attendance, presentation, etc.)			0
Assignments			0
Final Examination	1	25	25
Total Work Load			240
Total Work Load / 25 (s)			9.6
ECTS Credit of the Course			10

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