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

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