Information Package / Course Catalogue
Applied Econometrics
Course Code: ECON426
Course Type: Area Elective
Couse Group: First Cycle (Bachelor's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

This course aims to bridge the gap between theoretical econometrics and practical implementation, equipping students with the skills necessary to analyze economic data, test hypotheses, and inform decision-making processes. Through a combination of hands-on exercises and empirical projects, students will learn to apply econometric methods to a variety of economic issues, interpret the results critically, and communicate their findings effectively. Besides, this course strives to prepare students for advanced study and careers in economics, where data-driven decision-making is essential.

Course Content

This course is designed to provide students with practical skills and knowledge to apply econometric methods to real-world economic data and problems. The focus will be on understanding and implementing econometric techniques to analyze economic relationships, test hypotheses, and make informed decisions based on empirical evidence. Key topics to be covered include: ordinary least squares (OLS) estimation, computation of fundamental econometric statistics, and conducting hypothesis tests.

Name of Lecturer(s)
Assoc. Prof. Sedat ALATAŞ
Learning Outcomes
1.Students will be able to use econometric software (e.g., STATA and Eviews) and Excel to analyze real-world economic data and conduct empirical research.
2.Students will effectively interpret econometric results and communicate their findings in a clear and concise manner, both in written and oral formats.
3.Students will design and execute an independent econometric research project, demonstrating their ability to apply econometric methods to analyze economic issues.
4.Students will be able to estimate simple and multiple regressions, interpret the results, and understand the underlying assumptions.
5.Students will be able to conduct hypothesis tests to make statistical inferences about economic relationships.
Recommended or Required Reading
1.Gujarati, D. (2016). Örneklerle Ekonometri. Seçkin Yayıncılık
2.Gamgam, H. ve Altunkaynak, B. (2021). Regresyon Analizi: Lojistik Regresyon-Eğri Uydurma-Tahmin. Seçkin Yayıncılık.
Weekly Detailed Course Contents
Week 1 - Theoretical
Basic Econometrics and Types of Economic Data: Cross-Section, Time Series, and Panel Data
Week 2 - Theoretical
Simple Linear Regression Analysis: Ordinary Least Squares
Week 3 - Theoretical
Simple Linear Regression Analysis with Matrix Algebra
Week 4 - Theoretical
Introduction to Eviews and Stata
Week 5 - Theoretical
Simple Linear Regression Analysis with Matrix Algebra in Excel, Eviews and Stata
Week 6 - Theoretical
Simple Linear Regression Analysis with Matrix Algebra in Excel, Eviews, and Stata
Week 7 - Theoretical
Error Term and Coefficient of Determination
Week 8 - Theoretical
Error Term and Coefficient of Determination in Excel, Eviews, and Stata
Week 9 - Theoretical
Variance and Standard Errors of Estimated Coefficients in Excel, Eviews, and Stata
Week 10 - Theoretical
Hypothesis Testing
Week 11 - Theoretical
Multiple Regression Analysis in Eviews and Stata
Week 12 - Theoretical
Multiple Regression Analysis in Eviews and Stata
Week 13 - Theoretical
Dummy Variables
Week 14 - Theoretical
Application of Diagnostic Tests with Eviews and Stata
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory142370
Midterm Examination120121
Final Examination130131
TOTAL WORKLOAD (hours)122
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
PÇ-8
PÇ-9
PÇ-10
PÇ-11
PÇ-12
OÇ-1
4
3
3
3
4
5
5
3
2
4
4
4
OÇ-2
4
3
3
3
4
5
5
5
2
5
5
5
OÇ-3
5
4
4
3
5
5
5
4
2
5
5
5
OÇ-4
5
4
3
3
4
5
5
4
2
4
5
5
OÇ-5
5
4
3
3
4
5
4
4
2
4
5
5
Adnan Menderes University - Information Package / Course Catalogue
2026