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