| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | İKT631 | ECONOMIC MODELS | Compulsory | 1 | 1 | 5 |
|
| Level of Course Unit |
| Second Cycle |
| Objectives of the Course |
| The aim of this course is to express economic relations with mathematical models and to test them with appropriate statistical and econometric techniques. |
| Name of Lecturer(s) |
| DR. ÖĞR. ÜYESİ OĞUZ TÜMTÜRK |
| Learning Outcomes |
| 1 | A student learns the concepts of scientific knowledge, theory, hypothesis, and law and distinguishes their differences. | | 2 | A student will learn required steps to build valid economic models. | | 3 | A student will have basic econometric concepts | | 4 | A student will have information for extensively used econometric models. | | 5 | A student will be informed about how econometric models can be used to guide economic policy. | | 6 | A student will be informed about widely used econometric package programs. |
|
| Mode of Delivery |
| Formal Education |
| Prerequisites and co-requisities |
|
| Recommended Optional Programme Components |
|
| Course Contents |
| This course will provide information for the stages of building valid economic models and introduce required econometric and statistical techniques to test them. Besides, one also will learn how the obtained result will be analyzed correctly. |
| Weekly Detailed Course Contents |
|
| 1 | THE STRUCTURE OF SCIENTIFIC KNOWLEDGE (SCIENCE, SCIENTIFIC KNOWLEDGE, HYPOTHESIS, THEORY, LAW) | | | | 2 | THE STAGES OF MODEL BUILDING | | | | 3 | BASIC ECONOMETRIC CONCEPTS | | | | 4 | DATA AND DATA SETS | | | | 5 | HOW TO ACCESS IMPORTANT DATA SOURCES | | | | 6 | INTRODUCING SOME WELL-KNOWN ECONOMETRIC MODELS | | | | 7 | INTRODUCING SOME WELL-KNOWN ECONOMETRIC MODELS | | | | 8 | | STUDENT EXERCISE: BUILDING A SIMPLE ECONOMIC MODEL AND TESTING BY SIMPLE ECONOMETRIC TECHNIQUES | | | 9 | ANALYZING AND INTERPRETING THE RESULTS OBTAINED BY TESTED MODELS | | | | 10 | HOW TO USE ECONOMETRIC MODELS TO DIRECT ECONOMIC POLICY | | | | 11 | | SOME WELL-KNOWN ACADEMİC ARTICLES AND DISCUSSION OF ECONOMIC MODELS USED BY THEM | | | 12 | | SOME WELL-KNOWN ACADEMİC ARTICLES AND DISCUSSION OF ECONOMIC MODELS USED BY THEM | |
|
| Recommended or Required Reading |
| F. NEAL & R.SHONE (2007), İKTİSADİ MODELLER TEORİ VE UYGULAMA, ÇEVİREN:MUZAFFER SARIMEŞELİ, DÖRDÜNCÜ BASKI, GAZİ KİTABEVİ |
| Planned Learning Activities and Teaching Methods |
|
| Assessment Methods and Criteria | |
| SUM | 0 | |
| SUM | 0 | | Yarıyıl (Yıl) İçi Etkinlikleri | 40 | | Yarıyıl (Yıl) Sonu Etkinlikleri | 60 | | SUM | 100 |
| | Language of Instruction | | Turkish | | Work Placement(s) | |
|
| Workload Calculation |
|
| Final Examination | 1 | 3 | 3 |
| Attending Lectures | 14 | 3 | 42 |
| Self Study | 7 | 5 | 35 |
| Individual Study for Final Examination | 7 | 5 | 35 |
| Reading | 5 | 5 | 25 |
| Report | 1 | 15 | 15 |
|
| Contribution of Learning Outcomes to Programme Outcomes |
| LO1 | 4 | 5 | 5 | 4 | 4 | 3 | 5 | 4 | 4 | 5 | 4 | 4 | 5 | 5 | | LO2 | 4 | 5 | 5 | 4 | 4 | 3 | 5 | 4 | 4 | 5 | 4 | 4 | 5 | 5 | | LO3 | 4 | 5 | 5 | 4 | 4 | 3 | 5 | 4 | 4 | 5 | 4 | 4 | 5 | 5 | | LO4 | 4 | 5 | 5 | 4 | 4 | 3 | 5 | 4 | 4 | 5 | 4 | 4 | 5 | 5 | | LO5 | 4 | 5 | 5 | 4 | 4 | 3 | 5 | 4 | 4 | 5 | 4 | 4 | 5 | 5 | | LO6 | 4 | 5 | 5 | 4 | 4 | 3 | 5 | 4 | 4 | 5 | 4 | 4 | 5 | 5 |
|
| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
|
|
|
|
Ordu University Rectorate Building ,Cumhuriyet Campus , Center / ORDU / TURKEY • Tel: +90 452 226 52 00
|