ECON446 TOPICS IN ECONOMETRICS

Course Code:3110446
METU Credit (Theoretical-Laboratory hours/week):3 (3.00 - 0.00)
ECTS Credit:6.0
Department:Economics
Language of Instruction:English
Level of Study:Undergraduate
Course Coordinator:Assoc.Prof.Dr. DİLEM YILDIRIM KASAP
Offered Semester:Fall or Spring Semesters.

Course Objectives


Course Content

Use of matrix algebra. Systems of equations, seemingly unrelated equations and simultaneous equations. The debate on econometric modeling methodologies: Hendry, Lamer and Sims.


Course Learning Outcomes


Program Outcomes Matrix

Level of Contribution
#Program Outcomes0123
1Use 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)✔
2Evaluate how economic policies affect economic performance and how economic interest, relationship and interaction affect policy decisions (Knowledgeable about economic policies)✔
3Design 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)✔
4Evaluate systematically and compare economic knowledge, phenomena and methodology; Develop critical, creative/innovative approaches to these (Critical, creative, innovative)✔
5Understand current economic phenomena and relevant political developments using information and data from various resources and provide multifaceted explanations (Concerned about current events)✔
6Follow developments in economic theory and methods; Be open to continuous learning (Open to continuous learning)✔
7Have skills to work independently and in a team (Individual and teamwork)✔
8Approach 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)✔
9Communicate 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