Prerequisite (s)
None
Course Aim
This is an introductory course that aims to familiarize students with the basics concepts and tools of statistics.
Course Goals
Ability to analyze and evaluate statistical data with a view toward addressing contemporary business questions.
Ability to distinguish between theories and hypotheses; analyze and interpret statistical results; present data in graphical form; and perform basic statistical analysis.
Course Learning Outs and Proficiencies
The course will assist students in reaching a level of increased competence in
statistics and expanded understanding of the applications of statistics concepts in business activities.
Required Readings:
- Paul Newbold (1995), Statistics for Business and Economics: 4th Edition, Prentice Hall, New Jersey.
Suggested Readings:
-David S. Moore (2006), The Basic Practice of Statistics: 4th Edition, W.H. Freeman and Company, New York.
Assessment Criteria
Midterm %30 and Final %70
Semester Course Plan
Week/Subjects
1
What is Statistics?
2
Summarizing Numerical Information
3
Probability
4
Discrete Variables and Probability Distributions
5
Continuous Random Variables and Probability Distributions
6
Sampling and Distributions
7
Two Variable Regression Analysis
8
Multiple Regression Analysis
9
Analysis of Variance
10
Statistical Quality Control
11
Survey Sampling Methods
12
Statistical Decision Theory
13
Business Applications I
14
Business Applications II
Harun Ozturkler- ozturkler@alumni.american.edu
Tuesday, September 23, 2008
Undergraduate Business Mathematics (Department of Business)
Prerequisite (s)
None
Course Aim
This course aims at teaching students mathematical concepts through
practical application to common business problems.
Course Goals
Ability to review the fundamental operations of mathematics.
Ability to solving common business problems.
Course Learning Outs and Proficiencies
The course will assist students in reaching a level of increased competence in
mathematics and expanded understanding of the applications of mathematical concepts in business activities.
Required Readings:
- Jean Soper (2004), Mathematics for Economics and Business: An Interactive Introduction: 2nd Edition, Blackwell Publications, Malden MA.
Suggested Readings:
-Charles D. Miller, Stanley A. Salzman, and Luis F. Helzle (1994), Business Mathematics: 6th Edition, HarperCollins, New York.
Assessment Criteria
Midterm %30 and Final %70
Semester Course Plan
Week/Subjects
1
Functions
2
Equations
3
Changes and Rates
4
Finance and Series
5
Differentiation
6
Maximum and Minimum Values
7
Further Rules of Differentiation
8
Partial Differentiation
9
Constrained Maxima and Minima
10
Integration
11
Linear Programming
12
Matrices
13
Business Applications I
14
Business Applications II
None
Course Aim
This course aims at teaching students mathematical concepts through
practical application to common business problems.
Course Goals
Ability to review the fundamental operations of mathematics.
Ability to solving common business problems.
Course Learning Outs and Proficiencies
The course will assist students in reaching a level of increased competence in
mathematics and expanded understanding of the applications of mathematical concepts in business activities.
Required Readings:
- Jean Soper (2004), Mathematics for Economics and Business: An Interactive Introduction: 2nd Edition, Blackwell Publications, Malden MA.
Suggested Readings:
-Charles D. Miller, Stanley A. Salzman, and Luis F. Helzle (1994), Business Mathematics: 6th Edition, HarperCollins, New York.
Assessment Criteria
Midterm %30 and Final %70
Semester Course Plan
Week/Subjects
1
Functions
2
Equations
3
Changes and Rates
4
Finance and Series
5
Differentiation
6
Maximum and Minimum Values
7
Further Rules of Differentiation
8
Partial Differentiation
9
Constrained Maxima and Minima
10
Integration
11
Linear Programming
12
Matrices
13
Business Applications I
14
Business Applications II
Undergraduate Turkish Economy
Prerequisite (s)
Macroeconomics
Course Aim
This course aims at analyzing the Turkish Economy by using basic macroeconomic concepts and tools.
Course Goals
-Ability to review the developments in the Turkish Economy from a historical perspective. ns of mathematics.
-Ability to determine the reasons behind current economic problems.
-Ability to propose solutions for solving current economic problems.
Course Learning Outs and Proficiencies
Basic learning output of this course is to assist students in learning how to utilize basic macroeconomic concepts and models in analyzing the Turkish economy and proposing solutions to its current economic problems.
Required Readings:
—Yakup Kepenek ve Nurhan Yentürk (2007), Makro Ekonomi, İmaj Yayıncılık, Ankara.
Suggested Readings:
-Korkut Boratav (2003), Türkiye İktisat Tarihi, 1908-2002, İmge Yayınevi, Ankara.
-Gülten Kazgan (2002), Tanzimattan 21.Yüzyıla Türkiye Ekonomisi, İstanbul Bilgi Üniversitesi Yayınları, İstanbul.
-Erinç Yeldan (2001), Küreselleşme, Bölüşüm, Birikim, İletişim Yayınları, İstanbul.
Assessment Criteria
Midter %30 and Final %70
Semester Course Plan
Week/Subjects
1
The Turkish Economy between 1923-and 1960
2
Closed Economy and Import Substitution Period: 1960-1980
3
Establishment of the Institutions of Market Economy: 1980-1989 period.
4
Open Economy Period: From 1989 to Today
5
1994 Economic Crisis
6
2000 and 2001 Economic Crises
7
Sectoral Structure of the Turkish Economy: Agricultural, Industrial and Services Sectors
8
Characteristics of the Public Sector
9
Characteristics of Private Sector
10
Monetary Policy in Turkey
11
Fiscal Policy in Turkey
12
International Trade Policies in Turkey
13
Economic Growth, Unemployment, and Inflation
14
Solutions to Current Economic Problems
Macroeconomics
Course Aim
This course aims at analyzing the Turkish Economy by using basic macroeconomic concepts and tools.
Course Goals
-Ability to review the developments in the Turkish Economy from a historical perspective. ns of mathematics.
-Ability to determine the reasons behind current economic problems.
-Ability to propose solutions for solving current economic problems.
Course Learning Outs and Proficiencies
Basic learning output of this course is to assist students in learning how to utilize basic macroeconomic concepts and models in analyzing the Turkish economy and proposing solutions to its current economic problems.
Required Readings:
—Yakup Kepenek ve Nurhan Yentürk (2007), Makro Ekonomi, İmaj Yayıncılık, Ankara.
Suggested Readings:
-Korkut Boratav (2003), Türkiye İktisat Tarihi, 1908-2002, İmge Yayınevi, Ankara.
-Gülten Kazgan (2002), Tanzimattan 21.Yüzyıla Türkiye Ekonomisi, İstanbul Bilgi Üniversitesi Yayınları, İstanbul.
-Erinç Yeldan (2001), Küreselleşme, Bölüşüm, Birikim, İletişim Yayınları, İstanbul.
Assessment Criteria
Midter %30 and Final %70
Semester Course Plan
Week/Subjects
1
The Turkish Economy between 1923-and 1960
2
Closed Economy and Import Substitution Period: 1960-1980
3
Establishment of the Institutions of Market Economy: 1980-1989 period.
4
Open Economy Period: From 1989 to Today
5
1994 Economic Crisis
6
2000 and 2001 Economic Crises
7
Sectoral Structure of the Turkish Economy: Agricultural, Industrial and Services Sectors
8
Characteristics of the Public Sector
9
Characteristics of Private Sector
10
Monetary Policy in Turkey
11
Fiscal Policy in Turkey
12
International Trade Policies in Turkey
13
Economic Growth, Unemployment, and Inflation
14
Solutions to Current Economic Problems
Saturday, September 6, 2008
Undergraduate Energy Economics
Prerequisite (s)
Mathematics, Mathematics for Economists, Microeconomics I, Microeconomics II, Macroeconomics I, and Macroeconomics II.
Course Aim
The aim of this course is to teach the role of the energy in production of goods and services and how changes in energy supplies and energy prices affect macroeconomic activity.
Course Goals
Learning basic concepts of energy economics
Learning the role of energy in production.
Analyzing energy supply, energy demand, and alternative energy sources.
Determining the macroeconomic effects of energy prices
Course Learning Outs and Proficiencies
The main learning output of this course is to learn how to analyze the relationships between energy, energy prices, and alternative energy sources and macroeconomic activity.
Required Readings:
-Harun Öztürkler ve Hakan Çermikli (2008), Enerji Ekonomisi ve Türkiye’nin Enerji Sorunları, Yayına Hazırlanmaktadır.
-Guido Buenstorf (2004), The Economics of Energy and the Production Process, Edward Elgar Publishing, Massachusetts.
Suggested Readings:
-Dasgupta, P. S. and G. M. Heal, 1979, Economic Theory and Exhaustible Resources, Cambridge University Press, Cambridge.
-Kavak, K., 2005, Dünyada ve Türkiye’de Enerji Verimliliği ve Türk Sanayiinde Enerji Verimliliğinin İncelenmesi (Energy Efficiency in the World and Turkey and Investigation of Energy Efficiency in the Turkish Industry), State Planning Organization, Publication Number 2689, Ankara.
Assessment Criteria
Midterm 30% and Final 70%
Semester Course Plan
Week/Subjects
1
Energy Economics: Basic Concepts
2
A Short History of Energy Economics
3
Energy Types and Reserves
4
Energy as a Factor of Production
5
Energy Prices and Production Costs
6
Energy Consumption
7
Energy Supply Security
8
Energy Markets
9
Alternative Energy Sources
10
Turkey’s Energy Problems
11
Turkey’s Energy Policies
12
European Union’s Energy Policies
13
Turkey as an Energy Bridge
14
Energy and Environmental Problems
Mathematics, Mathematics for Economists, Microeconomics I, Microeconomics II, Macroeconomics I, and Macroeconomics II.
Course Aim
The aim of this course is to teach the role of the energy in production of goods and services and how changes in energy supplies and energy prices affect macroeconomic activity.
Course Goals
Learning basic concepts of energy economics
Learning the role of energy in production.
Analyzing energy supply, energy demand, and alternative energy sources.
Determining the macroeconomic effects of energy prices
Course Learning Outs and Proficiencies
The main learning output of this course is to learn how to analyze the relationships between energy, energy prices, and alternative energy sources and macroeconomic activity.
Required Readings:
-Harun Öztürkler ve Hakan Çermikli (2008), Enerji Ekonomisi ve Türkiye’nin Enerji Sorunları, Yayına Hazırlanmaktadır.
-Guido Buenstorf (2004), The Economics of Energy and the Production Process, Edward Elgar Publishing, Massachusetts.
Suggested Readings:
-Dasgupta, P. S. and G. M. Heal, 1979, Economic Theory and Exhaustible Resources, Cambridge University Press, Cambridge.
-Kavak, K., 2005, Dünyada ve Türkiye’de Enerji Verimliliği ve Türk Sanayiinde Enerji Verimliliğinin İncelenmesi (Energy Efficiency in the World and Turkey and Investigation of Energy Efficiency in the Turkish Industry), State Planning Organization, Publication Number 2689, Ankara.
Assessment Criteria
Midterm 30% and Final 70%
Semester Course Plan
Week/Subjects
1
Energy Economics: Basic Concepts
2
A Short History of Energy Economics
3
Energy Types and Reserves
4
Energy as a Factor of Production
5
Energy Prices and Production Costs
6
Energy Consumption
7
Energy Supply Security
8
Energy Markets
9
Alternative Energy Sources
10
Turkey’s Energy Problems
11
Turkey’s Energy Policies
12
European Union’s Energy Policies
13
Turkey as an Energy Bridge
14
Energy and Environmental Problems
Undergraduate Macroeconmics II
Prerequisite (s)
Mathematics, Mathematics for Economists, Introduction to Economics I, Introduction to Economics II, and Macroeconomics I.
Course Aim
The aim of this course is to teach macroeconomic theories.
Course Goals
This course aims at teaching how macroeconomic models are designed the reasons behind the difference between these theories.
Course Learning Outs and Proficiencies
The main learning output of this course is to teach designing macroeconomic models and employing them in assessing national and international macroeconomic events.
Required Readings:
-Erdal Ünsal (2007), Makro Ekonomi, İmaj Yayıncılık, Ankara.
-Rudiger Dornbusch, Stanley Fischer, and Richard Startz (2004), Macroeconomics, McGraw Hill, New York
Suggested Readings:
-N. Gregory Mankiw (2002), Macroeconomics, Worth Publishers, New York.
-Brian Snowdon and Howard R Vane (1997) A Macroeconomic Reader, Routledge, New York.
-Kemal Yıldırım, Doğan Karaman ve Murat Taşdemir (2007), Makroekonomi, Seçkin Yayıncılık, Ankara.-Tümay Ertek (2005), Makroekonomiye Giriş, Beta, İstanbul.
Assessment Criteria
Midterm 30% and Final 70%
Semester Course Plan
Week/Subjects
1
Macro Model
2
Classical Theory
3
Keynesian Theory
4
Neoclassical Model
5
Post Keynesian Model
6
Monetarist Model
7
New Classical Model
8
New Keynesian Model
9
Rational Expectations Theory
10
Business Cycle Theories
11
Economics Growth: Classical Growth Models
12
Economic Growth: Modern Growths Theories
13
Economic Policies and Macro Models I
14
Economic Policies and Macro Models II
Mathematics, Mathematics for Economists, Introduction to Economics I, Introduction to Economics II, and Macroeconomics I.
Course Aim
The aim of this course is to teach macroeconomic theories.
Course Goals
This course aims at teaching how macroeconomic models are designed the reasons behind the difference between these theories.
Course Learning Outs and Proficiencies
The main learning output of this course is to teach designing macroeconomic models and employing them in assessing national and international macroeconomic events.
Required Readings:
-Erdal Ünsal (2007), Makro Ekonomi, İmaj Yayıncılık, Ankara.
-Rudiger Dornbusch, Stanley Fischer, and Richard Startz (2004), Macroeconomics, McGraw Hill, New York
Suggested Readings:
-N. Gregory Mankiw (2002), Macroeconomics, Worth Publishers, New York.
-Brian Snowdon and Howard R Vane (1997) A Macroeconomic Reader, Routledge, New York.
-Kemal Yıldırım, Doğan Karaman ve Murat Taşdemir (2007), Makroekonomi, Seçkin Yayıncılık, Ankara.-Tümay Ertek (2005), Makroekonomiye Giriş, Beta, İstanbul.
Assessment Criteria
Midterm 30% and Final 70%
Semester Course Plan
Week/Subjects
1
Macro Model
2
Classical Theory
3
Keynesian Theory
4
Neoclassical Model
5
Post Keynesian Model
6
Monetarist Model
7
New Classical Model
8
New Keynesian Model
9
Rational Expectations Theory
10
Business Cycle Theories
11
Economics Growth: Classical Growth Models
12
Economic Growth: Modern Growths Theories
13
Economic Policies and Macro Models I
14
Economic Policies and Macro Models II
Undergraduate Macroeconomics I
Prerequisite (s)
Mathematics, Mathematics for Economists, Introduction to Economics I, and Introduction to Economics II.
Course Aim
This course introduces the fundamental concepts and tools of macroeconomic analysis.
Course Goals
This course aims at teaching how to construct macroeconomic models used to explain changes in macroeconomic magnitudes such as Gross Domestic Product, Unemployment, General Price Level, Interest Rate, Economic Growth Rate, and Exchange Rate.
Course Learning Outs and Proficiencies
The main learning output of this course is to have students learn basic macroeconomic concepts and magnitudes and how the relationships between macroeconomic variables are defined through macroeconomic models.
Required Readings:
—Erdal Ünsal (2007), Makro Ekonomi, İmaj Yayıncılık, Ankara.
Suggested Readings:
—Kemal Yıldırım, Doğan Karaman ve Murat Taşdemir (2007), Makroekonomi, Seçkin Yayıncılık, Ankara.
—Tümay Ertek (2005, Makroekonomiye Giriş, Beta, İstanbul.
Assessment Criteria
Midterm 30% and Final 70%
Semester Course Plan
Week/Subjects
1
National Income Accounting I
2
National Income Accounting II
3
Total Supply
4
Total Demand I
5
Total Demand II
6
Income and Expenditure
7
Wages and Unemployment
8
Inflation
9
Monetary Policy
10
Fiscal Policy
11
Income Policy
12
Open Economy Macroeconomics I
13
Open Economy Macroeconomics II
14
Introduction to Macro Models
Mathematics, Mathematics for Economists, Introduction to Economics I, and Introduction to Economics II.
Course Aim
This course introduces the fundamental concepts and tools of macroeconomic analysis.
Course Goals
This course aims at teaching how to construct macroeconomic models used to explain changes in macroeconomic magnitudes such as Gross Domestic Product, Unemployment, General Price Level, Interest Rate, Economic Growth Rate, and Exchange Rate.
Course Learning Outs and Proficiencies
The main learning output of this course is to have students learn basic macroeconomic concepts and magnitudes and how the relationships between macroeconomic variables are defined through macroeconomic models.
Required Readings:
—Erdal Ünsal (2007), Makro Ekonomi, İmaj Yayıncılık, Ankara.
Suggested Readings:
—Kemal Yıldırım, Doğan Karaman ve Murat Taşdemir (2007), Makroekonomi, Seçkin Yayıncılık, Ankara.
—Tümay Ertek (2005, Makroekonomiye Giriş, Beta, İstanbul.
Assessment Criteria
Midterm 30% and Final 70%
Semester Course Plan
Week/Subjects
1
National Income Accounting I
2
National Income Accounting II
3
Total Supply
4
Total Demand I
5
Total Demand II
6
Income and Expenditure
7
Wages and Unemployment
8
Inflation
9
Monetary Policy
10
Fiscal Policy
11
Income Policy
12
Open Economy Macroeconomics I
13
Open Economy Macroeconomics II
14
Introduction to Macro Models
Undergraduate Applied Econometrics
Prerequisite (s)
Econometrics I, and Econometrics II
Course Aim
By employing econometric package programs, this course aims at teaching students how econometric methods are used in practice.
Course Goals
Ability to construct simple econometric models
Learning How to Use Econometric Package Programs
Learning How to Collect Data and Prepare for the Analysis
Learning how to Compute Econometric Models
Learning how to Evaluate Results Obtained from the Computation of Econometric Models
Course Learning Outs and Proficiencies
The main learning output of this course is to teach how econometric methods can be used by employing econometric package programs.
Required Readings:
- Eviews, RATS, and Stata Software Manuals.
Suggested Readings:
-James H. Stock and Mark W. Watson (2007), Introduction to Econometrics: International Edition, Addison-Wesley, Boston.
-James D. Hamilton (1994), Times Series Analysis, Princeton University Pres, New Jersey.
-Myoung-Jae Lee (2002), Panel Data Econometrics: Methods-of-moments and Limited Dependent Variables, Academic Press, San Diego.
Assessment Criteria
Midterm 30% and Final 70%
Semester Course Plan
Week/Subjects
1
Review of Econometric Models I
2
Review of Econometric Models II
3
Data Collection and Preparation for the Analysis I
4
Data Collection and Preparation for the Analysis II
5
Econometric Software II: E-views I
6
Econometric Software II: E-views II
7
Econometric Software II: E-views III
8
Econometric Software III: RATS I
9
Econometric Software III: RATS II
10
Econometric Software IV: RATS III
11
Econometric Software V: Stata I
12
Econometric Software VI: Stata II
13
Econometric Software VI: Stata III
14
Assessment of Model Results
Econometrics I, and Econometrics II
Course Aim
By employing econometric package programs, this course aims at teaching students how econometric methods are used in practice.
Course Goals
Ability to construct simple econometric models
Learning How to Use Econometric Package Programs
Learning How to Collect Data and Prepare for the Analysis
Learning how to Compute Econometric Models
Learning how to Evaluate Results Obtained from the Computation of Econometric Models
Course Learning Outs and Proficiencies
The main learning output of this course is to teach how econometric methods can be used by employing econometric package programs.
Required Readings:
- Eviews, RATS, and Stata Software Manuals.
Suggested Readings:
-James H. Stock and Mark W. Watson (2007), Introduction to Econometrics: International Edition, Addison-Wesley, Boston.
-James D. Hamilton (1994), Times Series Analysis, Princeton University Pres, New Jersey.
-Myoung-Jae Lee (2002), Panel Data Econometrics: Methods-of-moments and Limited Dependent Variables, Academic Press, San Diego.
Assessment Criteria
Midterm 30% and Final 70%
Semester Course Plan
Week/Subjects
1
Review of Econometric Models I
2
Review of Econometric Models II
3
Data Collection and Preparation for the Analysis I
4
Data Collection and Preparation for the Analysis II
5
Econometric Software II: E-views I
6
Econometric Software II: E-views II
7
Econometric Software II: E-views III
8
Econometric Software III: RATS I
9
Econometric Software III: RATS II
10
Econometric Software IV: RATS III
11
Econometric Software V: Stata I
12
Econometric Software VI: Stata II
13
Econometric Software VI: Stata III
14
Assessment of Model Results
Undergraduate Econometrics II
Prerequisite (s)
Mathematics, Mathematics for Economists, Statistics I, Statistics II, and Econometrics I
Course Aim
This aim of this course is to teach specific econometric subjects together with time series and panel data analysis. Furthermore, it also intends to cover latest developments in econometric methods.
Course Goals
Learning specific econometric subjects.
Learning how to construct, estimate and assess times series models.
Learning how to construct, estimate and assess panel data models models.
Ability to follow latest developments in econometric modeling techniques.
Learning how to use econometric models in evaluating economic policies.
Learning how to use the results of econometric models in economic policy suggestions.
Course Learning Outs and Proficiencies
The main learning output of this course is to teach specific econometric methods and how to follow latest developments in econometric analysis. Evaluation of economic policies in the framework of the results obtained from econometric models and economic policy suggestions are two other important learning outputs of this course.
Required Readings:
—Damodar N. Gujurati (2001), Temel Ekonometri, Çevirenler: Gülay Güllük Şenesen ve Ümit Şenesen, Literatür Yayınları, İstanbul.
Suggested Readings:
— Peter Kennedy (2006), Ekonometri Kılavuzu, Çevirenler: Muzaffer Sarımeşeli ve Şenay Açıkgöz, Gazi Kitabevi, Ankara.
— Tümay Ertek (1996), Ekonometriye Giriş, Beta, İstanbul.
— James H. Stock and Mark W. Watson (2007), Introduction to Econometrics: International Eddition, Addison-Wesley, Boston.
Assessment Criteria
Midterm 30 % and Final 70%
Semester Course Plan
Week/Subjects
1
Traditional Econometric Methods
2
Modern Econometric Approaches
3
Regression Analysis with Dummy Independent Variables
4
Regression Analysis with a Dichotomous Dependent Variable: Linear Probability Model
5
Regression Analysis with a Dichotomous Dependent Variable: Logit Model
6
Regression Analysis with a Dichotomous Dependent Variable: Probit Model
7
Regression Analysis with a Dichotomous Dependent Variable: Tobit Model
8
Data Types and Econometric Analysis
9
Time Series Analysis I
10
Time Series Analysis II
11
Panel Data Analysis I
12
Panel Data Analysis II
13
Econometric Models and Economic Policy Evaluation
14
Econometric Models and Economic Policy Suggestions
Mathematics, Mathematics for Economists, Statistics I, Statistics II, and Econometrics I
Course Aim
This aim of this course is to teach specific econometric subjects together with time series and panel data analysis. Furthermore, it also intends to cover latest developments in econometric methods.
Course Goals
Learning specific econometric subjects.
Learning how to construct, estimate and assess times series models.
Learning how to construct, estimate and assess panel data models models.
Ability to follow latest developments in econometric modeling techniques.
Learning how to use econometric models in evaluating economic policies.
Learning how to use the results of econometric models in economic policy suggestions.
Course Learning Outs and Proficiencies
The main learning output of this course is to teach specific econometric methods and how to follow latest developments in econometric analysis. Evaluation of economic policies in the framework of the results obtained from econometric models and economic policy suggestions are two other important learning outputs of this course.
Required Readings:
—Damodar N. Gujurati (2001), Temel Ekonometri, Çevirenler: Gülay Güllük Şenesen ve Ümit Şenesen, Literatür Yayınları, İstanbul.
Suggested Readings:
— Peter Kennedy (2006), Ekonometri Kılavuzu, Çevirenler: Muzaffer Sarımeşeli ve Şenay Açıkgöz, Gazi Kitabevi, Ankara.
— Tümay Ertek (1996), Ekonometriye Giriş, Beta, İstanbul.
— James H. Stock and Mark W. Watson (2007), Introduction to Econometrics: International Eddition, Addison-Wesley, Boston.
Assessment Criteria
Midterm 30 % and Final 70%
Semester Course Plan
Week/Subjects
1
Traditional Econometric Methods
2
Modern Econometric Approaches
3
Regression Analysis with Dummy Independent Variables
4
Regression Analysis with a Dichotomous Dependent Variable: Linear Probability Model
5
Regression Analysis with a Dichotomous Dependent Variable: Logit Model
6
Regression Analysis with a Dichotomous Dependent Variable: Probit Model
7
Regression Analysis with a Dichotomous Dependent Variable: Tobit Model
8
Data Types and Econometric Analysis
9
Time Series Analysis I
10
Time Series Analysis II
11
Panel Data Analysis I
12
Panel Data Analysis II
13
Econometric Models and Economic Policy Evaluation
14
Econometric Models and Economic Policy Suggestions
Undergraduate Econometrics I
Prerequisite (s)
Mathematics, Mathematics for Economists, Statistics I, and Statistics II.
Course Aim
This course introduces the econometric models employed in testing and evaluating economic models.
Course Goals
Learning about economic variables and the behavioral relationships among them.
Ability to analyze the characteristics of economic models.
Learning how to transform economic models into econometric models
Learning how to estimate econometric models
Learning how to assess the results obtained from econometric models
Learning how to analyze the deviations from the assumptions of the econometric models
Course Learning Outputs and Proficiencies
The main learning output of this course is to learn how economic theory models the behavioral relationships among economic variables. In addition, the course aims at teaching how economic models are transformed into econometric models and how econometric models are estimated.
Required Readings:
—Damodar N. Gujurati (2001), Temel Ekonometri, Çevirenler: Gülay Güllük Şenesen ve Ümit Şenesen, Literatür Yayınları, İstanbul.
Suggested Readings:
— Peter Kennedy (2006), Ekonometri Kılavuzu, Çevirenler: Muzaffer Sarımeşeli ve Şenay Açıkgöz, Gazi Kitabevi, Ankara.
— Tümay Ertek (1996), Ekonometriye Giriş, Beta, İstanbul.
Assessment Criteria
Midterm 30% and Final 70%
Semester Course Plan
Week/Subjects
1
The behavioral relationships among economic variables
2
Economic Models
3
Data types, Data Sources, and Data Collecting
4
Classical Linear Regression Analysis: Two-Variable Case
5
Hypothesis Testing in Two-Variable Regression Analysis
6
Classical Linear Regression Analysis: Multiple Variable Case
7
Hypothesis Testing in Multiple Variable Regression Analysis
8
The Matrix Approach to Linear Regression Model I
9
The Matrix Approach to Linear Regression Model II
10
Deviations from the Assumptions the Classical Model: Multicollinearity
11
Deviations from the Assumptions the Classical Model: Heteroscedasticity
12
Deviations from the Assumptions the Classical Model: Autocorrelation
13
Deviations from the Assumptions the Classical Model: Model Specification Errors
14
Nonlinear Regression Models
Mathematics, Mathematics for Economists, Statistics I, and Statistics II.
Course Aim
This course introduces the econometric models employed in testing and evaluating economic models.
Course Goals
Learning about economic variables and the behavioral relationships among them.
Ability to analyze the characteristics of economic models.
Learning how to transform economic models into econometric models
Learning how to estimate econometric models
Learning how to assess the results obtained from econometric models
Learning how to analyze the deviations from the assumptions of the econometric models
Course Learning Outputs and Proficiencies
The main learning output of this course is to learn how economic theory models the behavioral relationships among economic variables. In addition, the course aims at teaching how economic models are transformed into econometric models and how econometric models are estimated.
Required Readings:
—Damodar N. Gujurati (2001), Temel Ekonometri, Çevirenler: Gülay Güllük Şenesen ve Ümit Şenesen, Literatür Yayınları, İstanbul.
Suggested Readings:
— Peter Kennedy (2006), Ekonometri Kılavuzu, Çevirenler: Muzaffer Sarımeşeli ve Şenay Açıkgöz, Gazi Kitabevi, Ankara.
— Tümay Ertek (1996), Ekonometriye Giriş, Beta, İstanbul.
Assessment Criteria
Midterm 30% and Final 70%
Semester Course Plan
Week/Subjects
1
The behavioral relationships among economic variables
2
Economic Models
3
Data types, Data Sources, and Data Collecting
4
Classical Linear Regression Analysis: Two-Variable Case
5
Hypothesis Testing in Two-Variable Regression Analysis
6
Classical Linear Regression Analysis: Multiple Variable Case
7
Hypothesis Testing in Multiple Variable Regression Analysis
8
The Matrix Approach to Linear Regression Model I
9
The Matrix Approach to Linear Regression Model II
10
Deviations from the Assumptions the Classical Model: Multicollinearity
11
Deviations from the Assumptions the Classical Model: Heteroscedasticity
12
Deviations from the Assumptions the Classical Model: Autocorrelation
13
Deviations from the Assumptions the Classical Model: Model Specification Errors
14
Nonlinear Regression Models
Master Econometrics
Prerequisite (s)
Undergraduate Econometrics I and Undergraduate Econometrics II
Course Aim
This course introduces the econometric models employed in testing and evaluating economic models.
Course Goals
Learning how to construct economic models
Learning how to collect economic data
Learning how to construct econometric models
Learning how to assess the results obtained from econometric models in the framework of economic theory and economic policy
Learning how to make economic policy propositions
Course Learning Outputss and Proficiencies
The main learning output of this course is to acquire the ability to analyze behavioral relationships between economic variables with the help of economic theory and mathematical statistics. In addition, the course aims at teaching students how to analyze economic problems on the basis of concrete data and make suggestions for their solutions.
Required Readings:
—Damodar N. Gujurati (2001), Temel Ekonometri, Çevirenler: Gülay Güllük Şenesen ve Ümit Şenesen, Literatür Yayınları, İstanbul.
— Peter Kennedy (2006), Ekonometri Kılavuzu, Çevirenler: Muzaffer Sarımeşeli ve Şenay Açıkgöz, Gazi Kitabevi, Ankara.
—James H. Stock and Mark W. Watson (2007), Introduction to Econometrics: International Eddition, Addison-Wesley, Boston.
Suggested Readings:
— William H. Greene (1997), Econometric Analysis, Prentice-Hall, New Jersey.
— Tümay Ertek (1996), Ekonometriye Giriş, Beta, İstanbul.
Assessment Criteria
Midterm 30% and Final 70%
Semester Course Plan
Week/Subjects
1
Economic Theory, Mathematics for Economists, and Mathematical Statistics
2
Econometric Modeling
3
Data types, Data Sources, and Data Collecting
4
Multiple Regression Analysis Using Least Squares Approach
5
Hypothesis Testing in Multiple Regression Analysis Using Least Square Approach
6
Nonlinear Regression Functions
7
Regression Analysis Employing Dummy Independent Variables
8
Regression Analysis Employing a Dichotomous Dependent Variable
9
Time Series Regression Analysis I
10
Time Series Regression Analysis II
11
Panel Data Analysis I
12
Panel Data Analysis I
13
Alternative Modeling Approaches
14
Econometric Models and Economic Policy Making
Date :
Undergraduate Econometrics I and Undergraduate Econometrics II
Course Aim
This course introduces the econometric models employed in testing and evaluating economic models.
Course Goals
Learning how to construct economic models
Learning how to collect economic data
Learning how to construct econometric models
Learning how to assess the results obtained from econometric models in the framework of economic theory and economic policy
Learning how to make economic policy propositions
Course Learning Outputss and Proficiencies
The main learning output of this course is to acquire the ability to analyze behavioral relationships between economic variables with the help of economic theory and mathematical statistics. In addition, the course aims at teaching students how to analyze economic problems on the basis of concrete data and make suggestions for their solutions.
Required Readings:
—Damodar N. Gujurati (2001), Temel Ekonometri, Çevirenler: Gülay Güllük Şenesen ve Ümit Şenesen, Literatür Yayınları, İstanbul.
— Peter Kennedy (2006), Ekonometri Kılavuzu, Çevirenler: Muzaffer Sarımeşeli ve Şenay Açıkgöz, Gazi Kitabevi, Ankara.
—James H. Stock and Mark W. Watson (2007), Introduction to Econometrics: International Eddition, Addison-Wesley, Boston.
Suggested Readings:
— William H. Greene (1997), Econometric Analysis, Prentice-Hall, New Jersey.
— Tümay Ertek (1996), Ekonometriye Giriş, Beta, İstanbul.
Assessment Criteria
Midterm 30% and Final 70%
Semester Course Plan
Week/Subjects
1
Economic Theory, Mathematics for Economists, and Mathematical Statistics
2
Econometric Modeling
3
Data types, Data Sources, and Data Collecting
4
Multiple Regression Analysis Using Least Squares Approach
5
Hypothesis Testing in Multiple Regression Analysis Using Least Square Approach
6
Nonlinear Regression Functions
7
Regression Analysis Employing Dummy Independent Variables
8
Regression Analysis Employing a Dichotomous Dependent Variable
9
Time Series Regression Analysis I
10
Time Series Regression Analysis II
11
Panel Data Analysis I
12
Panel Data Analysis I
13
Alternative Modeling Approaches
14
Econometric Models and Economic Policy Making
Date :
PhD Applied Econometrics
Prerequisite (s)
Undergraduate Econometrics I, Undergraduate Econometrics II, Undergraduate Applied Econometrics, Econometrics at Master Level, and Econometrics at PhD Level
Course Aim
This course teaches how to test economic models by employing econometric models applied on collected data, and how to assess results obtained from the econometric models.
Course Goals
Learning how to construct economic models
Learning how to construct econometric models
Learning how to use Econometric Software
Learning how to Collect Data and Prepare for the Analysis
Learning how to Compute Econometric Models
Learning how to Evaluate Results Obtained from the Computation of Econometric Models
Course Learning Outputs and Proficiencies
The main learning output of this course is to teach how to test economic theories by employing econometric models. The course views teaching econometric software as the most important learning output.
Required Readings:
-James H. Stock and Mark W. Watson (2007), Introduction to Econometrics: International Edition, Addison-Wesley, Boston.
- Eviews, RATS, and Stata Software Manuals.
Suggested Readings:
-James D. Hamilton (1994), Times Series Analysis, Princeton University Pres, New Jersey.
-Myoung-Jae Lee (2002), Panel Data Econometrics: Methods-of-moments and Limited Dependent Variables, Academic Press, San Diego.
Assessment Criteria
Midterm 30% and Final 70%
Semester Course Plan
Week/Subjects
1
Theoretical Economic Models
2
Review of Econometric Models I
3
Review of Econometric Models II
4
Econometric Software I: E-views
5
Econometric Software II: E-views
6
Econometric Software III: RATS
7
Econometric Software IV: RATS
8
Econometric Software V: Stata
9
Econometric Software VI: Stata
10
Data Collection and Preparation for the Analysis
11
Calculation of Econometric Models by Employing E-views
12
Calculation of Econometric Models by Employing RATS
13
Calculation of Econometric Models by Employing Stata
14
Assessment of Model Results in the Framework of Economic Theory
Undergraduate Econometrics I, Undergraduate Econometrics II, Undergraduate Applied Econometrics, Econometrics at Master Level, and Econometrics at PhD Level
Course Aim
This course teaches how to test economic models by employing econometric models applied on collected data, and how to assess results obtained from the econometric models.
Course Goals
Learning how to construct economic models
Learning how to construct econometric models
Learning how to use Econometric Software
Learning how to Collect Data and Prepare for the Analysis
Learning how to Compute Econometric Models
Learning how to Evaluate Results Obtained from the Computation of Econometric Models
Course Learning Outputs and Proficiencies
The main learning output of this course is to teach how to test economic theories by employing econometric models. The course views teaching econometric software as the most important learning output.
Required Readings:
-James H. Stock and Mark W. Watson (2007), Introduction to Econometrics: International Edition, Addison-Wesley, Boston.
- Eviews, RATS, and Stata Software Manuals.
Suggested Readings:
-James D. Hamilton (1994), Times Series Analysis, Princeton University Pres, New Jersey.
-Myoung-Jae Lee (2002), Panel Data Econometrics: Methods-of-moments and Limited Dependent Variables, Academic Press, San Diego.
Assessment Criteria
Midterm 30% and Final 70%
Semester Course Plan
Week/Subjects
1
Theoretical Economic Models
2
Review of Econometric Models I
3
Review of Econometric Models II
4
Econometric Software I: E-views
5
Econometric Software II: E-views
6
Econometric Software III: RATS
7
Econometric Software IV: RATS
8
Econometric Software V: Stata
9
Econometric Software VI: Stata
10
Data Collection and Preparation for the Analysis
11
Calculation of Econometric Models by Employing E-views
12
Calculation of Econometric Models by Employing RATS
13
Calculation of Econometric Models by Employing Stata
14
Assessment of Model Results in the Framework of Economic Theory
PhD Econometrics
Prerequisite (s)
Undergraduate Econometrics I, Undergraduate Econometrics II, Undergraduate Applied Econometrics, and Econometrics at Master Level
Course Aim
This course introduces the econometric models employed in testing and evaluating economic models.
Course Goals
Learning how to construct economic models
Learning how to construct econometric models
Course Learning Outs and Proficiencies
The main learning output of this course is to teach how to construct econometrics model employed in testing theoretical economic models. The course makes a significant contribution to the learning output by covering latest developments in econometric modeling techniques.
Required Readings:
—James H. Stock and Mark W. Watson (2007), Introduction to Econometrics: International Edition, Addison-Wesley, Boston.
Suggested Readings:
-William H. Greene (1997), Econometric Analysis, Prentice-Hall, New Jersey.
-James D. Hamilton (1994), Times Series Analysis, Princeton University Pres, New Jersey.
-Myoung-Jae Lee (2002), Panel Data Econometrics: Methods-of-moments and Limited Dependent Variables, Academic Press, San Diego.
Assessment Criteria
Mİdterm 30% and Final 70%
Semester Course Plan
Week/Subjects
1
Economic Models and Theoretical Approaches I
2
Economic Models and Theoretical Approaches II
3
Review of Mathematical Statistics I
4
Review of Mathematical Statistics II
5
Multiple Regression Analysis Using Least Squares Approach
6
Hypothesis Testing in Multiple Regression Analysis Using Least Square Approach
7
Deviations from the Assumptions of the Classical Model
8
Regression Analysis Employing a Dichotomous Dependent Variable and Independent
Variables I
9
Regression Analysis Employing a Dichotomous Dependent Variable and Independent
Variables II
10
Time Series Regression Analysis I
11
Time Series Regression Analysis II
12
Panel Data Analysis I
13
Panel Data Analysis II
14
Alternative Modeling Approaches
Undergraduate Econometrics I, Undergraduate Econometrics II, Undergraduate Applied Econometrics, and Econometrics at Master Level
Course Aim
This course introduces the econometric models employed in testing and evaluating economic models.
Course Goals
Learning how to construct economic models
Learning how to construct econometric models
Course Learning Outs and Proficiencies
The main learning output of this course is to teach how to construct econometrics model employed in testing theoretical economic models. The course makes a significant contribution to the learning output by covering latest developments in econometric modeling techniques.
Required Readings:
—James H. Stock and Mark W. Watson (2007), Introduction to Econometrics: International Edition, Addison-Wesley, Boston.
Suggested Readings:
-William H. Greene (1997), Econometric Analysis, Prentice-Hall, New Jersey.
-James D. Hamilton (1994), Times Series Analysis, Princeton University Pres, New Jersey.
-Myoung-Jae Lee (2002), Panel Data Econometrics: Methods-of-moments and Limited Dependent Variables, Academic Press, San Diego.
Assessment Criteria
Mİdterm 30% and Final 70%
Semester Course Plan
Week/Subjects
1
Economic Models and Theoretical Approaches I
2
Economic Models and Theoretical Approaches II
3
Review of Mathematical Statistics I
4
Review of Mathematical Statistics II
5
Multiple Regression Analysis Using Least Squares Approach
6
Hypothesis Testing in Multiple Regression Analysis Using Least Square Approach
7
Deviations from the Assumptions of the Classical Model
8
Regression Analysis Employing a Dichotomous Dependent Variable and Independent
Variables I
9
Regression Analysis Employing a Dichotomous Dependent Variable and Independent
Variables II
10
Time Series Regression Analysis I
11
Time Series Regression Analysis II
12
Panel Data Analysis I
13
Panel Data Analysis II
14
Alternative Modeling Approaches
Friday, September 5, 2008
PhD International Finance
Prerequisite (s)
Undergraduate International Economics: Theory, Undergraduate International Economics: Policy, Master Level Mathematical Economics
Course Aim
This course teaches the theories covering macroeconomic and microeconomic reasons for international capital movements, and their consequences. The course also teaches how these theories can be utilized to analyze current international capital movements.
Course Goals
Teaching the workings of international financial relations and markets
Teaching the theoretical models designed to analyze international Finance
Teaching the reasons behind international capital movements
Teaching how to analyze the effects of international capital movements on countries’ current economic performance and their long run level of economic development
Course Learning Outs and Proficiencies
The main learning output of this course is to acquire knowledge of international financial models and how to employ these models in analyzing current international financial relations.
Required Readings:
-Nelson Mark C., 2001, International Macroeconomics and Finance, Blackwell Publishers Inc., Massachusetts.
Suggested Readings:
-Roy Crum, Eugene F. Brigham, and Joel F. Houstan, 2004, Fundamentals of International Finance, South-Western College Pub., CA.— Halil Seyidoğlu, 2003, Uluslararası Finans, Güzem Can, İstanbul.— İsmail Aydoğuş ve Harun Öztürkler, 2006, Türkiye’de Cari İşlemler Açığı Sorununun Analizi, Gazi Kitabevi, Ankara.— İsmail Aydoğuş ve Harun Öztürkler, 2006, Merkez Bankası Döviz Rezervlerinin Sosyal Maliyeti, Afyon Kocatepe Üniversitesi, İİBF Dergisi, C.VIII ,S.1. http://student.aku.edu.tr/~iibf/pdf/81-08.pdf— Bordo, Michael D., 1993, "The Gold Standard, Bretton Woods and Other Monetary Regimes: A Historical Appraisal" Federal Reserve Bank of St. Louis Review, March/April 1993 Vol. 75, No.2 http://research.stlouisfed.org/publications/review/93/03/Gold_Mar_Apr1993.pdf— Bretton Woods Committee, 2003, "Sovereign Debt Restructuring Mechanism: Way Forward or Unnecessary Detour?" Critical Issues http://www.brettonwoods.org/SDRMcriticalissue.htm— Calvo, Guillermo A. and Enrique G. Mendoza, "Mexico's Balance-of-Payments Crisis: A Chronicle of Death Foretold" International Finance Discussion Papers 1996-545 Board of Governors of the Federal Reserve http://www.federalreserve.gov/pubs/ifdp/1996/545/ifdp545.pdf— Cavallo, Michele and Kate Kisselev and Fabrizio Perri and Nouriel Roubini, 2004, "Exchange Rate Overshooting And The Costs Of Floating", presented in April 2004 at the Federal Reserve Bank of San Francisco conference on Emerging Markets and Macroeconomic Volatility. http://www.frbsf.org/economics/conferences/0406/Perri.pdf— Dornbusch, R., 1976, "Expectations and Exchange-Rate Dynamics," Journal of Political Economy, Vol. 84, December, pp. 1161--1176.— Dueker, Michael J. and Andreas M. Fischer, 2001, "The Mechanics of a Successful Exchange Rate Peg: Lessons for Emerging Markets" Federal Reserve Bank of St. Louis Review, September, pp.47--56. http://research.stlouisfed.org/publications/review/01/09/0109md.pdf— Fieleke, Norman S., 1996, "What Is the Balance of Payments?" Federal Reserve Bank of Boston Special Report No. 3 http://www.bos.frb.org/economic/special/balofpay.pdf— Frankel, Jeffrey A., 1979, “On the Mark: A Theory of Floating Exchange Rates Based on Real Interest Differentials,” American Economic Review 69, Sep. 1979, 610--22.— Frenkel, Jacob, 1976, “A Monetary Approach to the Exchange Rate: Doctrinal Aspects and Empirical Evidence,” Scandinavian Journal of Economics 78 (1), May, 200--224. (Reprinted in: J. Frenkel and H. G. Johnson (1978).)— Grabbe, J. Orlin, 1996, "The Rise And Fall Of Bretton Woods" http://www.orlingrabbe.com/bretton_woods.htm (online version of his Chapter 1, International Financial Markets, 3rd edition, 1996 Prentice-Hall, Inc., a Simon & Schuster Company, Englewood Cliffs, New Jersey. ISBN 0-13-206988-1)— Higgins, Matthew and Thomas Klitgaard and Cédric Tille, "The Income Implications of Rising U.S. International Liabilities", Current Issues in Economics and Finance Volume 11, Number 12, December 2005. http://www.newyorkfed.org/research/current_issues/ci11-12.pdf— International Monetary Fund, 1996, Balance of Payments Textbook (ISBN 1-55775- 570-1)— Kouparitsas, Michael A., "International Business Cycles Under Fixed and Flexible Exchange Rate Regimes" Federal Reserve Bank of Chicago Working Paper WP2003-28. http://www.chicagofed.org/publications/workingpapers/papers/wp2003-28.pdf— Obstfeld, Maurice, 1994, "The Logic of Currency Crises" Cahiers Economiques et Monetaires. http://elsa.berkeley.edu/users/obstfeld/ftp/currency_crises/cc.pdf— Obstfeld, Maurice and Kenneth Rogoff, 1995, "The Mirage of Fixed Exchange Rates", Journal of Economic Perspectives 9, 73--96.
— Pakko, Michael R. and Patricia S. Pollard, 2003, “Burgernomics: A Big Mac™ Guide to Purchasing Power Parity”, Federal Reserve Bank of St. Louis Review 85 (6) pp. 9--27. http://research.stlouisfed.org/publications/review/03/11/pakko.pdf— Quiggin, John, 2004, "The Unsustainability of U.S. Trade Deficits", The Economists' Voice 1(3), Article 2 http://www.bepress.com/ev/vol1/iss3/art2
Assessment Criteria
Midterm 30% and Final 70%
Semester Course Plan
Week/Subjects
1
National Income Account
2
Balance of Payments
3
Central Bank Balance Sheet
4
International Financial Markets I
5
International Financial Markets II
6
Theoretical Models I
7
Theoretical Models II
8
Theoretical Models III
9
Theoretical Models IV
10
International Financial Crises I
11
International Financial Crises II
12
Assessment of working of international financial institutions
13
Turkey’s international finacial problems and their solutions I
14
Turkey’s international finacial problems and their solutions II
Undergraduate International Economics: Theory, Undergraduate International Economics: Policy, Master Level Mathematical Economics
Course Aim
This course teaches the theories covering macroeconomic and microeconomic reasons for international capital movements, and their consequences. The course also teaches how these theories can be utilized to analyze current international capital movements.
Course Goals
Teaching the workings of international financial relations and markets
Teaching the theoretical models designed to analyze international Finance
Teaching the reasons behind international capital movements
Teaching how to analyze the effects of international capital movements on countries’ current economic performance and their long run level of economic development
Course Learning Outs and Proficiencies
The main learning output of this course is to acquire knowledge of international financial models and how to employ these models in analyzing current international financial relations.
Required Readings:
-Nelson Mark C., 2001, International Macroeconomics and Finance, Blackwell Publishers Inc., Massachusetts.
Suggested Readings:
-Roy Crum, Eugene F. Brigham, and Joel F. Houstan, 2004, Fundamentals of International Finance, South-Western College Pub., CA.— Halil Seyidoğlu, 2003, Uluslararası Finans, Güzem Can, İstanbul.— İsmail Aydoğuş ve Harun Öztürkler, 2006, Türkiye’de Cari İşlemler Açığı Sorununun Analizi, Gazi Kitabevi, Ankara.— İsmail Aydoğuş ve Harun Öztürkler, 2006, Merkez Bankası Döviz Rezervlerinin Sosyal Maliyeti, Afyon Kocatepe Üniversitesi, İİBF Dergisi, C.VIII ,S.1. http://student.aku.edu.tr/~iibf/pdf/81-08.pdf— Bordo, Michael D., 1993, "The Gold Standard, Bretton Woods and Other Monetary Regimes: A Historical Appraisal" Federal Reserve Bank of St. Louis Review, March/April 1993 Vol. 75, No.2 http://research.stlouisfed.org/publications/review/93/03/Gold_Mar_Apr1993.pdf— Bretton Woods Committee, 2003, "Sovereign Debt Restructuring Mechanism: Way Forward or Unnecessary Detour?" Critical Issues http://www.brettonwoods.org/SDRMcriticalissue.htm— Calvo, Guillermo A. and Enrique G. Mendoza, "Mexico's Balance-of-Payments Crisis: A Chronicle of Death Foretold" International Finance Discussion Papers 1996-545 Board of Governors of the Federal Reserve http://www.federalreserve.gov/pubs/ifdp/1996/545/ifdp545.pdf— Cavallo, Michele and Kate Kisselev and Fabrizio Perri and Nouriel Roubini, 2004, "Exchange Rate Overshooting And The Costs Of Floating", presented in April 2004 at the Federal Reserve Bank of San Francisco conference on Emerging Markets and Macroeconomic Volatility. http://www.frbsf.org/economics/conferences/0406/Perri.pdf— Dornbusch, R., 1976, "Expectations and Exchange-Rate Dynamics," Journal of Political Economy, Vol. 84, December, pp. 1161--1176.— Dueker, Michael J. and Andreas M. Fischer, 2001, "The Mechanics of a Successful Exchange Rate Peg: Lessons for Emerging Markets" Federal Reserve Bank of St. Louis Review, September, pp.47--56. http://research.stlouisfed.org/publications/review/01/09/0109md.pdf— Fieleke, Norman S., 1996, "What Is the Balance of Payments?" Federal Reserve Bank of Boston Special Report No. 3 http://www.bos.frb.org/economic/special/balofpay.pdf— Frankel, Jeffrey A., 1979, “On the Mark: A Theory of Floating Exchange Rates Based on Real Interest Differentials,” American Economic Review 69, Sep. 1979, 610--22.— Frenkel, Jacob, 1976, “A Monetary Approach to the Exchange Rate: Doctrinal Aspects and Empirical Evidence,” Scandinavian Journal of Economics 78 (1), May, 200--224. (Reprinted in: J. Frenkel and H. G. Johnson (1978).)— Grabbe, J. Orlin, 1996, "The Rise And Fall Of Bretton Woods" http://www.orlingrabbe.com/bretton_woods.htm (online version of his Chapter 1, International Financial Markets, 3rd edition, 1996 Prentice-Hall, Inc., a Simon & Schuster Company, Englewood Cliffs, New Jersey. ISBN 0-13-206988-1)— Higgins, Matthew and Thomas Klitgaard and Cédric Tille, "The Income Implications of Rising U.S. International Liabilities", Current Issues in Economics and Finance Volume 11, Number 12, December 2005. http://www.newyorkfed.org/research/current_issues/ci11-12.pdf— International Monetary Fund, 1996, Balance of Payments Textbook (ISBN 1-55775- 570-1)— Kouparitsas, Michael A., "International Business Cycles Under Fixed and Flexible Exchange Rate Regimes" Federal Reserve Bank of Chicago Working Paper WP2003-28. http://www.chicagofed.org/publications/workingpapers/papers/wp2003-28.pdf— Obstfeld, Maurice, 1994, "The Logic of Currency Crises" Cahiers Economiques et Monetaires. http://elsa.berkeley.edu/users/obstfeld/ftp/currency_crises/cc.pdf— Obstfeld, Maurice and Kenneth Rogoff, 1995, "The Mirage of Fixed Exchange Rates", Journal of Economic Perspectives 9, 73--96.
— Pakko, Michael R. and Patricia S. Pollard, 2003, “Burgernomics: A Big Mac™ Guide to Purchasing Power Parity”, Federal Reserve Bank of St. Louis Review 85 (6) pp. 9--27. http://research.stlouisfed.org/publications/review/03/11/pakko.pdf— Quiggin, John, 2004, "The Unsustainability of U.S. Trade Deficits", The Economists' Voice 1(3), Article 2 http://www.bepress.com/ev/vol1/iss3/art2
Assessment Criteria
Midterm 30% and Final 70%
Semester Course Plan
Week/Subjects
1
National Income Account
2
Balance of Payments
3
Central Bank Balance Sheet
4
International Financial Markets I
5
International Financial Markets II
6
Theoretical Models I
7
Theoretical Models II
8
Theoretical Models III
9
Theoretical Models IV
10
International Financial Crises I
11
International Financial Crises II
12
Assessment of working of international financial institutions
13
Turkey’s international finacial problems and their solutions I
14
Turkey’s international finacial problems and their solutions II
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