Syllabus (pdf) - KUAIS - Koç University

Instructors: Sule AlanOffice : CASE 275Phone : 338-1645E-mail :sualanOffice Hours : Tuesday 11:00-12:00(or by appointment)KOÇ UNIVERSITYECON 311: Econometrics IFall 2012Course SyllabusCourse Web Page:http://ais.ku.edu.tr/course/17170/Default.htmlProblem sets and handouts will be posted on the web page. Exam dates and places will also be madeavailable. You should frequently visit the web site for new information.Course Description: Econometrics covers the tools and methods used in empirical investigations ofeconomic phenomena. These tools and methods are also useful for analyzing many practical problemsthat arise in fields related to Economics, such as Finance, Marketing, Political Science, and PublicPolicy.Textbook : James H. Stock and Mark, M. Watson, Introduction to Econometrics, 3rd EditionTeaching Assistants:TA1: L. Gizem TuzenEmail: gtuzen@ku.edu.trOffice: SOS Z33Office Hours: TBATA2: Gokhan Sahin GunesEmail: gogunes@ku.edu.trOffice: CASE 271Office Hours: TBAThe assigned teaching assistants will also hold problem sessions every week to help the students. Timeand place for these will be announced later on the web page.Course Requirements: It is essential that you attend class meetings, and do your problem sets.Although these will not be graded, you will have similar questions in the exams.(1) There will be one midterm (40% of your grade) and a final exam (60% of your grade). (Thetime and place of the midterm exam will be posted on the web page).(2) The final Exam covers the whole course.(3) Any objections to exam grades must be submitted to the instructors in writing within oneweek after the exam grades are announced. The time and place for the objections will beannounced in class.Make-up Exam Policy: If you miss an exam (midterm or final) and have a valid excuse, for eachexam you missed, you will be given a make-up exam on the official final make-up exam date,scheduled by the Registrar’s office.

ACADEMIC HONESTY“Honesty and trust are important to all of us as individuals. Students and faculty adhere to thefollowing principles of academic honesty at Koç University:1. Individual accountability for all individual work, written or oral. Copying from others or providinganswers or information, written or oral, to others is cheating.2. Providing proper acknowledgement of original author. Copying from another student’s paper orfrom another text without written acknowledgement is plagiarism.3. Authorized Teamwork. Unauthorized help from another person or having someone else write one’spaper or assignment is collusion.Cheating, plagiarism, and collusion are serious offenses resulting in an F grade and disciplinaryaction.”

COURSE OUTLINEIntroduction:Economic questions, data, causal effects and experiments Ch. 1Review of probability:Random variables Ch. 2Expected Values, mean, varianceUnivariate and Joint distributionsSampling distributionCentral Limit TheoremReview of Statistics: Ch. 3EstimationHypothesis testingLinear Regression: Ch 4.Linear regression modelEstimating coefficients of linear regression (OLS)Goodness of fitSampling distribution of OLS(Midterm)The midterm will cover chapters 1,2,3 and 4. The final covers the whole course.Regression with a single regressor: Ch 5.Testing hypothesis about regression coefficientsBinary variablesSmall sample properties and violationsMultiple Regression: Ch. 6Omitted variable biasMulticolinearitySampling distribution of OLS in multiple regressionHypothesis test and confidence intervals in multiple regression:Test of joint hypothesesTesting restrictionsCh.7