Econometrics I

Lecturer: Burak Saltoglu (Prof. of Economics)

 Lectures: Fridays: 10.00-13.00

Aim: This course is to introduce the basic concepts of econometrics. Main focus is to give the underlying idea behinh linear regression and statistical inference on linear regression models. The textbooks are Gujarati's Basic Eonometrics (1995) and Maddala's Introduction to Econometrics (1996) in addition to Johnston and DiNardo (1997), Econometric Methods, Mc Graw Hill.

Lecturing: There will be 3 hours of lectures for each topic. There will be weekly assignments and every two weeks some assignments will be solved by a Research Assistant. Students are expected to complete weekly assignments and run some simulation and complete computer assignments. 

Topics to be covered

 Week 1: Introduction

Introduction to Econometrics

Week 2 Statistical and Mathematical Revision

Week 3 Classical  Linear Regression: (Chapters 3)  Greene

Week 4 OLS Estimation and Inference (both in scalar and matrix notation)

Week 5 Properties of OLS Estimators GAUSS Markov Theorem

Midterm

Week 7 Goodness of fit measures in OLS

Week 8  Hypothesis Testing (Chapter 4) and t test

 Week 9  Setting a Confidence intervals and interpreting economic variables

 Week 10 Joint Significance of Econometric Models

  Final

  

Assignements

Asg-1

Asg-2

Asg-3

Asg-4

Asg-5

 

 Power Point Slides (Note some files are zipped with winrar which can be freely downloaded).

Week 1
Week 2
Week 3
Week 4
Week 5
Week 6

 

 

Grading: Midterm (30%)

                Final (55%)

                Assignments and class performance: 15%