ECONOMETRICS

Course Description

The objective of this course is to provide the basic knowledge of econometrics that is a necessity for any serious economist or social scientist, to a level where the participant would be competent to continue with the study of the subject in a graduate programme. While the course is ambitious in terms of its coverage of technical topics, equal importance is attached to the development of an intuitive understanding of the material that will allow these skills to be utilised effectively and creatively, and to give participants the foundation for understanding specialized applications through self study with confidence when needed.

ECONOMETRICS

Evaluation Tools (Active Term)

Course outcomes

No course outcomes have been defined yet.

Course Syllabus

Reference Books & Course Materials

1. 01 Dougherty, C. (2016). Introduction to econometrics. Oxford University Press, USA.
2. 02 Damodar, N. G. (2004). Basic Econometrics-Damodar N. Gujarati. McGraw− Hill.
3. 03 "lecture notes and PPT are available on www. moodle.ciu.edu.tr

Learning Outcomes

1. L01 To hypothesize how one variable is determined by another. SOLO 5
2. L02 To estimate the parameters of a model. SOLO 5
3. L03 To assess and quantify the impact of indepndent /explanatory variables. SOLO 4
4. L04 To design and outline kind of technique used to fit and analyze models. SOLO 4
5. L05 To measure and interpte the significant effects of a regression estimate. SOLO 4

Program Outcomes

1. P01 PO1: Engaged in insightful thinking leading to self-learning and lifelong learning.
2. P02 PO2: Established a general knowledge of economics sufficient to work independently through specific learned techniques generated via individual efforts and study.
3. P03 PO3: Reached the required knowledge and skills to understand social, economic and legal issues both within national, international and global contexts and apply theoretical knowledge of economics to practice.
4. P04 PO4: Adopted the ability to critically evaluate, analyze and interpret information gathered through the use of related statistical software programs to suggest creative solutions for economic problems and make relevant economic decisions.
5. P05 PO5: Been aware of gathering and analyzing data through the application of appropriate technological tools in an ethical and safe manner in order to generate economic decisions and policy suggestions.
6. P06 PO6: Been equipped with conceptual and analytical skills essential for team-working and collaborations for economic decision making for a variety of economic concepts in national and global environment.
7. P07 PO7: Endowed with both oral and written communication skills within the economic field to effectively study and work in an international environment
8. P08 PO8: Been able to transfer theoretical knowledge to real life economic environment: to generate policies for microeconomic and macroeconomic problems faced by individuals, firms and governments at national, international and global context.
9. P09 PO9: Developed an ability to apply economic analysis to everyday problems in real world through the development of ethical perspectives and social responsibilities at work and in personal life.

Po-Lo Matrix