ECON106 INTRODUCTION TO RESEARCH METHODS II
| Course Code: | 3110106 |
| METU Credit (Theoretical-Laboratory hours/week): | 3 (2.00 - 2.00) |
| ECTS Credit: | 4.0 |
| Department: | Economics |
| Language of Instruction: | English |
| Level of Study: | Undergraduate |
| Course Coordinator: | Assoc.Prof.Dr. HAKAN ERCAN |
| Offered Semester: | Spring Semesters. |
Course Objectives
By the end of the course, the students will be able to
- Collect data on contemporary economic issues.
- Learn how to apply statistics to solve challenges.
- Convert raw data into useful information and interpret it.
- Apply basic statistical concepts and methods useful in decision making.
- Use a statistical software to test hypothesis.
Course Content
This course covers introductory probability distributions, hypothesis testing, analysis of variation and introductory regression analysis. Application of those concepts, through computer usage, is encouraged throughout the duration of the course.
Course Learning Outcomes
By the end of the course, the students will be able to
- Give examples of statistics used in social and economic sciences.
- Organize and present numerical and categorical data using tables and graphs.
- Calculate and interpret descriptive summary measures.
- Use basic probability concepts to calculate probabilities.
- Differentiate amongst different distributions and use distribution characteristics to calculate probabilities.
- Construct and interpret confidence interval estimates for parameters.
- Construct hypothesis tests, compute the statistical results and interpret the results.
- Develop simple linear regression models, compute the statistical results
Program Outcomes Matrix
| Level of Contribution | |||||
| # | Program Outcomes | 0 | 1 | 2 | 3 |
| 1 | Use and develop skillfully economic concepts and theories, analyse economic behaviour and events by conceptualizing and evaluating via scientific methods (Has skills regarding theory and analysis) | ✔ | |||
| 2 | Evaluate how economic policies affect economic performance and how economic interest, relationship and interaction affect policy decisions (Knowledgeable about economic policies) | ✔ | |||
| 3 | Design and carry out studies regarding data collection, analysis and evaluation, that can be used in decision processes at every level (individual, firm, government, etc.)(Knowledgeable about quantitative and qualitative methods) | ✔ | |||
| 4 | Evaluate systematically and compare economic knowledge, phenomena and methodology; Develop critical, creative/innovative approaches to these (Critical, creative, innovative) | ✔ | |||
| 5 | Understand current economic phenomena and relevant political developments using information and data from various resources and provide multifaceted explanations (Concerned about current events) | ✔ | |||
| 6 | Follow developments in economic theory and methods; Be open to continuous learning (Open to continuous learning) | ✔ | |||
| 7 | Have skills to work independently and in a team (Individual and teamwork) | ✔ | |||
| 8 | Approach critically to economic and societal events and problems while being sensitive to social problems; Produce solutions to these problems by scientific approach; Share own thoughts (Sensitive to social problems) | ✔ | |||
| 9 | Communicate clearly, effectively and fluently (in English and Turkish) verbally and in writing, utilizing new technologies (Has effective communication skills) | ✔ | |||
0: No Contribution 1: Little Contribution 2: Partial Contribution 3: Full Contribution