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COURSE UNIT TITLECOURSE UNIT CODESEMESTERTHEORY + PRACTICE (Hour)ECTS
STATISTICAL METHODS IN ECONOMICS ECON504 Second Term (Spring) 3 + 0 10

TYPE OF COURSE UNITCompulsory Course
LEVEL OF COURSE UNITMaster's Degree With Thesis
YEAR OF STUDY1
SEMESTERSecond Term (Spring)
NUMBER OF ECTS CREDITS ALLOCATED10
NAME OF LECTURER(S)-
LEARNING OUTCOMES OF THE COURSE UNIT At the end of this course, the students;
1) Learn the theory and economic applications of statistical topics such as probability, random variables and their probability distributions, point estimation, interval estimation and hypothesis testing which form the basis for econometric methods.
MODE OF DELIVERYFace to face
PRE-REQUISITES OF THE COURSENo
RECOMMENDED OPTIONAL PROGRAMME COMPONENTNone
COURSE DEFINITIONIn this course, the underlying theories of statistical concepts, which are the basis of econometrics, are discussed.
COURSE CONTENTS
WEEKTOPICS
1st Week Probability
2nd Week Probability Cont., Definitions of Discrete and Continuous Random Variables and Their Probability Distributions
3rd Week Definitions of Discrete and Continuous Random Variables and Their Probability Distributions Cont.
4th Week Mathematical Expectation
5th Week Mathematical Expectation Cont.
6th Week Moments
7th Week Special Discrete and Continuous Probability Distributions
8th Week Mid-Term
9th Week Sampling Distributions
10th Week Point Estimation
11th Week Point Estimation Cont.
12th Week Interval Estimation
13th Week Hypothesis Testing
14th Week Hypothesis Testing Cont.
RECOMENDED OR REQUIRED READINGMiller, I., Miller, M. (2014). John E. Freund?s Mathematical Statistics with Applications, 8/E Pearson.

Newbold, P., Carlson, W., Thorne, B. (2013) Statistics for Business and Economics, 8/E Pearson.

Erdem, İsmail. (2017) Matematiksel İstatistik Problemler ve Çözümleri. Seçkin Yayıncılık. 3. Baskı.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODSLecture,Discussion,Problem Solving
ASSESSMENT METHODS AND CRITERIA
 QuantityPercentage(%)
Mid-term140
Assignment110
Total(%)50
Contribution of In-term Studies to Overall Grade(%)50
Contribution of Final Examination to Overall Grade(%)50
Total(%)100
ECTS WORKLOAD
Activities Number Hours Workload
Midterm exam122
Preparation for Quiz
Individual or group work14570
Preparation for Final exam17070
Course hours14342
Preparation for Midterm exam16060
Laboratory (including preparation)
Final exam122
Homework15555
Total Workload301
Total Workload / 3010,03
ECTS Credits of the Course10
LANGUAGE OF INSTRUCTIONTurkish
WORK PLACEMENT(S)No
  

KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)
LO1
K1  X
K2 
K3 
K4 
K5  X
K6  X
K7  X
K8  X
K9 
K10