To teach the basic concepts and applications in business.

Learning Outcomes

CTPO

TOA

Upon successful completion of the course, the students will be able to :

LO - 1 :

get some basic economic concepts about economic formation.

1,2,3,4,5,9,11

1

LO - 2 :

apply basic economic models to economics

1,2,3,6,7,8,10

1

LO - 3 :

compare different ecomomic models

2,3,5,9,11

1

LO - 4 :

make inferences from economical models

1,2,4,6,9,11

1

CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), LO : Learning Outcome

Contents of the Course

Linear regression model, multicollinearity, changing variance and the problem of autocorrelation, the method of generalized minimum squares, trend, seasonality and estimation, time series methods, changing coefficient models.

Course Syllabus

Week

Subject

Related Notes / Files

Week 1

Variable deregression models
The nature of single regression analysis

Week 2

Two variable regression analysis, some basıc ideas

Week 3

Two variable regression model:The problem of estimation
ordinary minimum squares

Week 4

The normality assumption:classical normal linear regression model
The probability of distribution of disturbance

Week 5

The normality assumption
Proporties of OLS estimations under normal assumption

Week 6

Applications

Week 7

Two-variable regression:Interval estimation and hypothesis testings
Interval estimation: some basic concepts

Week 8

Hypothesis testings:The testing of the approach to meaningfulnes level
Hypothesis testing:some practical aspects

Week 9

Mid-term exam

Week 10

Reporting the results of regression analysis

Week 11

extention of two-variable linear regression model
Regression through the origin

Week 12

Functional forms of regression model
Log-log, double -log, log-linear,or constant elasticity models

Week 13

Modelin varsayımları:Çoklu regresyon modelinin yorumu
Assumption of the model:intrepretation of multiple regression equation

Week 14

The meaning of Partial regression coefficians

Week 15

OLS and ML estimations of the partial regression coefficiants

Week 16

End-of-term exam

Textbook / Material

1

Terzi, Harun; Zengin Hilmi.2003;Temel Ekonometri Derya yayınevi, Trabzon

Recommended Reading

1

Gujarati; damador N.1988;Basic Econometris;Mc Graw-Hill Book Company;New York