| Course Name | Code | Semester | T+U Hours | Credit | ECTS |
|---|---|---|---|---|---|
| Applied Econometrics | IKT 624 | 0 | 3 + 0 | 3 | 6 |
| Precondition Courses | |
| Recommended Optional Courses | |
| Course Language | Turkish |
| Course Level | Doctorate Degree |
| Course Type | Optional |
| Course Coordinator | Prof.Dr. AZİZ KUTLAR |
| Course Lecturers | |
| Course Assistants | Research assistants of the department |
| Course Category | |
| Course Objective | In this course, it is aimed to analyze historical economic data. |
| Course Content | Time series, one of the most attractive study fields of econometrics, is aimed to examine. It is examined how time series to be used and applied in interpretation and estimation of series of economic variables. The models and estimations having heteroscedasticity and displaying long run relationship frame the basic subject of this course. |
| # | Course Learning Outcomes | Teaching Methods | Assessment Methods |
|---|---|---|---|
| 1 | 1) It identifies the economic data,most of which are time series. | Lecture, Question-Answer, Discussion, Drilland Practice, Problem Solving, Project Based Learning, | Testing, Homework, |
| 2 | 2) It explains theory of time series. | Lecture, Question-Answer, Discussion, Drilland Practice, Problem Solving, Project Based Learning, | Testing, Homework, |
| 3 | 3) It identifies time series. | Lecture, Question-Answer, Discussion, Drilland Practice, Problem Solving, Project Based Learning, | Testing, Homework, |
| 4 | 4) It researches the stationarity of time series. | Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Project Based Learning, | Testing, Homework, |
| 5 | 5) It makes stationarity tests. | Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Project Based Learning, | Testing, Homework, |
| 6 | 6) It examines the series having heteroscedasticity. | Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Project Based Learning, | Testing, Homework, |
| 7 | 7) It explains cointegration. | Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Project Based Learning, | Testing, Homework, |
| 8 | 8) It makes selection of the most appropriate model for times series data. | Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Project Based Learning, | Testing, Homework, |
| 9 | 9) It makes long run analyzes. | Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Project Based Learning, | Testing, Homework, |
| 10 | 10) It examines the tests and interpretations of time series models. | Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Project Based Learning, | Testing, Homework, |
| 11 | 11) It introduces the econometric packaged softwares. | Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Project Based Learning, | Testing, Homework, |
| 12 | 12) It examines the application of the packaged softwares. | Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Project Based Learning, | Testing, Homework, |
| 13 | 13) It makes estimation and forecasting. | Lecture, Question-Answer, Discussion, Drilland Practice, | Testing, Homework, |
| 14 | 14) It makes required policy implications. | Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Project Based Learning, | Testing, Homework, |
| Week | Course Topics | Preliminary Preparation |
|---|---|---|
| 1 | Definition of time series | KUTLAR,A(2000) Zaman Serileri,Gazi AYy. Ankara, Walter Enders (2004), Applied Econometric Time Series, 2nd ed., John Wiley & Sons, Inc., New Wiley & Sons, Inc., New Jersey |
| 2 | Theory of time series | KUTLAR,A(2000) Zaman Serileri,Gazi AYy. Ankara, Walter Enders (2004), Applied Econometric Time Series, 2nd ed., John Wiley & Sons, Inc., New Wiley & Sons, Inc., New Jersey |
| 3 | Economic time series | KUTLAR,A(2000) Zaman Serileri,Gazi AYy. Ankara, Walter Enders (2004), Applied Econometric Time Series, 2nd ed., John Wiley & Sons, Inc., New Wiley & Sons, Inc., New Jersey |
| 4 | Economic time series eviews application | KUTLAR,A(2000) Zaman Serileri,Gazi AYy. Ankara, Walter Enders (2004), Applied Econometric Time Series, 2nd ed., John Wiley & Sons, Inc., New Wiley & Sons, Inc., New Jersey |
| 5 | Series having heteroscedasticity | KUTLAR,A(2000) Zaman Serileri,Gazi AYy. Ankara, Walter Enders (2004), Applied Econometric Time Series, 2nd ed., John Wiley & Sons, Inc., New Wiley & Sons, Inc., New Jersey |
| 6 | Series having heteroscedasticity eviews application | KUTLAR,A(2000) Zaman Serileri,Gazi AYy. Ankara, Walter Enders (2004), Applied Econometric Time Series, 2nd ed., John Wiley & Sons, Inc., New Wiley & Sons, Inc., New Jersey |
| 7 | Stationarity tests | KUTLAR,A(2000) Zaman Serileri,Gazi AYy. Ankara, Walter Enders (2004), Applied Econometric Time Series, 2nd ed., John Wiley & Sons, Inc., New Wiley & Sons, Inc., New Jersey |
| 8 | Stationarity tests eviews application | KUTLAR,A(2000) Zaman Serileri,Gazi AYy. Ankara, Walter Enders (2004), Applied Econometric Time Series, 2nd ed., John Wiley & Sons, Inc., New Wiley & Sons, Inc., New Jersey |
| 9 | Long run analyzes | KUTLAR,A(2000) Zaman Serileri,Gazi AYy. Ankara, Walter Enders (2004), Applied Econometric Time Series, 2nd ed., John Wiley & Sons, Inc., New Wiley & Sons, Inc., New Jersey |
| 10 | Long run analyzes eviews application | KUTLAR,A(2000) Zaman Serileri,Gazi AYy. Ankara, Walter Enders (2004), Applied Econometric Time Series, 2nd ed., John Wiley & Sons, Inc., New Wiley & Sons, Inc., New Jersey |
| 11 | Cointegration | KUTLAR,A(2000) Zaman Serileri,Gazi AYy. Ankara, Walter Enders (2004), Applied Econometric Time Series, 2nd ed., John Wiley & Sons, Inc., New Wiley & Sons, Inc., New Jersey |
| 12 | Cointegration eviews application | KUTLAR,A(2000) Zaman Serileri,Gazi AYy. Ankara, Walter Enders (2004), Applied Econometric Time Series, 2nd ed., John Wiley & Sons, Inc., New Wiley & Sons, Inc., New Jersey |
| 13 | Model selection eviews application | KUTLAR,A(2000) Zaman Serileri,Gazi AYy. Ankara, Walter Enders (2004), Applied Econometric Time Series, 2nd ed., John Wiley & Sons, Inc., New Wiley & Sons, Inc., New Jersey |
| 14 | Final exam | KUTLAR,A(2000) Zaman Serileri,Gazi AYy. Ankara, Walter Enders (2004), Applied Econometric Time Series, 2nd ed., John Wiley & Sons, Inc., New Wiley & Sons, Inc., New Jersey |
| Resources | |
|---|---|
| Course Notes | Kutlar, Aziz (2000) Zaman Serileri, Gazi yayın. Ankara |
| Course Resources | Andrew C. Harvey (1992). Forecasting, Structural Time Series Models and the Kalman Filter. Bruce L. Bowerman, Richard T. OConnel, and Anne B. Koehler (2005). Forecasting, Time Cambridge, GB : Cambridge University Press. James D. Hamilton (1994), Time Series Analysis, Princeton University Press, New Jersey. Juselius, K., The Cointegrated VAR Model, Methodology and Applications. Oxford University Keith Cuthbertson and Dirk Nitzsche (2004), Quantitative Financial Economics, 2nd ed., John Michael P. Clements and David F. Hendry (1999). Forecasting non-stationary economic time Press, 2007 Thomas J. Sargent (1986) , Macroeconomic Theory, 2nd edition, New York: Academic Press. Thomson/South-Western, 2003. Walter Enders (2004), Applied Econometric Time Series, 2nd ed., John Wiley & Sons, Inc., New Wiley & Sons, Inc., New Jersey |
| Order | Program Outcomes | Level of Contribution | |||||
|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | they constitute an idea in economic subjects analitically and advocacy this idea coherent and critique the ideas constituted by others | ||||||
| 2 | They have perfect knowledge They have perfect knowledge about general microeconomic theory through numeric and graphical methods | ||||||
| 3 | They have perfect knowledge about general macroeconomic theory through numeric and graphical methods | ||||||
| 4 | They know econometricThey have perfect knowledge about international trade theory through numeric | ||||||
| 5 | They know econometric theories and have ability to solve economic problems by using these theories | ||||||
| 6 | They make academic studies when needed to economic perspective | ||||||
| 7 | They are specialists at some of theese areas:public economics, industrial economics,money and banking economics, environment and natural sources economics, labour economics, knowledge and property economics, international trade and finance economics, economic growth and development | ||||||
| 8 | they have ability of translation at language orally and written | ||||||
| 9 | they use basic computer programs helping to make economic analysis | ||||||
| 10 | they have proffecional, social and scientific etic value | ||||||
| Evaluation System | |
|---|---|
| Semester Studies | Contribution Rate |
| 1. Ara Sınav | 50 |
| 1. Kısa Sınav | 50 |
| Total | 100 |
| 1. Yıl İçinin Başarıya | 50 |
| 1. Final | 50 |
| Total | 100 |
| ECTS - Workload Activity | Quantity | Time (Hours) | Total Workload (Hours) |
|---|---|---|---|
| Course Duration (Including the exam week: 16x Total course hours) | 16 | 3 | 48 |
| Hours for off-the-classroom study (Pre-study, practice) | 16 | 3 | 48 |
| Mid-terms | 1 | 20 | 20 |
| Quiz | 1 | 20 | 20 |
| Final examination | 1 | 10 | 10 |
| Total Workload | 146 | ||
| Total Workload / 25 (Hours) | 5.84 | ||
| dersAKTSKredisi | 6 | ||