ECON302 INTRODUCTION TO ECONOMETRICS II
| Course Code: | 3110302 |
| METU Credit (Theoretical-Laboratory hours/week): | 4 (3.00 - 2.00) |
| ECTS Credit: | 6.0 |
| Department: | Economics |
| Language of Instruction: | English |
| Level of Study: | Undergraduate |
| Course Coordinator: | Prof.Dr. ERDAL ÖZMEN |
| Offered Semester: | Fall and Spring Semesters. |
Course Objectives
At the end of this course, the student will learnthe concepts of :
- heteroscedasticiy
- autocorrelation
- simultaneous equations
- dynamic models and
- time seies modelling
Course Content
Dummy Variables: testing structural change, estimating the prediction error variance, seasonal adjustment and pooling cross-sectional and time-series data. Lagged Variables: the polynomial distributed lag and the geometric distributed lag. Autocorrelation and heteroscedasticity. Simultaneous equations; identification and single-equation estimation.
Course Learning Outcomes
Student, who passed the course satisfactorily will be able to:
- carry out diagnostic checks of econometric modelling
- use of simultaneous equations
- use of dynamic models and time series modelling