COURSE INFORMATON
Course Title
Statistics for Economics II
Code
Semester
L+P Hour
Credits
ECTS
ECON 272
4
3+0
3
7
Prerequisites
ECON 271
Language of
Instruction
English
Course Level
Undergraduate
Course Type
Compulsory
Course Coordinator
Asst. Prof. Dr. Çağrı Levent USLU
Instructors
Asst. Prof. Dr. Çağrı Levent USLU
Assistants
Department Research Assistants
The goal is to make the student familiar with the basic tools and
Goals
concepts of statistics. This course is an introduction to statistics. The
course will lay the foundation for continuation in advanced statistics.
Properties of point estimators, interval estimation, hypothesis tests,
analysis of variance, simple regression
Content
Program
Learning
Outcomes
Teaching
Methods
Assessment
Methods
Calculating Confidence Intervals
3,8
1,2,3
A,C
Conducting Hypothesis Tests
3,8
1,2,3
A,C
Analysis of Variance and simple regression
3,8
1,2,3
A,C
Learning Outcomes
Teaching
Methods:
1: Lecture, 2: Question-Answer, 3: Discussion, 9: Simulation, 12: Case
Study
Assessment
Methods:
A: Testing, C: Homework
COURSE CONTENT
Week Topics
Study Materials
Newbold,P. , Paul William Carlson and B.
Thorne(2013) Statistics for Business and
Economics, 8th Edition. Chapter 7 (284:295)
1
Properties of point estimators. Interval and Point
estimation of population variance.
2
Newbold,P. , Paul William Carlson and B.
Interval estimation of population proportion, sample
Thorne(2013) Statistics for Business and
size determination.
Economics, 8th Edition. Chapter 7 (297:319)
Interval estimation of population variance and
3 estimations of difference in parameters of two
populations.
Newbold,P. , Paul William Carlson and B.
Thorne(2013) Statistics for Business and
Economics, 8th Edition. Chapter 8 (328:340)
Newbold,P. , Paul William Carlson and B.
Thorne(2013) Statistics for Business and
Economics, 8th Edition. Chapter 9 (346:368)
4
Hypothesis tests, one- tailed, two-tailed hypothesis
test, tests of population mean.
5
Newbold,P. , Paul William Carlson and B.
Test of population mean when population variance is
Thorne(2013) Statistics for Business and
unknown.
Economics, 8th Edition. Chapter 9 (368:375)
Test of difference in means of two independent
6
populations.
Newbold,P. , Paul William Carlson and B.
Thorne(2013) Statistics for Business and
Economics, 8th Edition. Chapter 10 (385:406)
7 Midterm and Solutions
F distribution, comparing population variances,
8
assumptions of ANOVA.
Newbold,P. , Paul William Carlson and B.
Thorne(2013) Statistics for Business and
Economics, 8th Edition. Chapter 15 (645:655)
9 Two way analysis of Variance.
Newbold,P. , Paul William Carlson and B.
Thorne(2013) Statistics for Business and
Economics, 8th Edition. Chapter 15 (661:670)
10 Correlation analysis, hypothesis test for correlation
Newbold,P. , Paul William Carlson and B.
Thorne(2013) Statistics for Business and
Economics, 8th Edition. Chapter 11 (417:458)
Assumptions of linear regression analysis, simple
regression
Newbold,P. , Paul William Carlson and B.
Thorne(2013) Statistics for Business and
Economics, 8th Edition. Chapter 11 (417:458)
12 Linear models, Least Squares Coefficient Estimators
Newbold,P. , Paul William Carlson and B.
Thorne(2013) Statistics for Business and
Economics, 8th Edition. Chapter 11 (417:458)
11
13
Multiple regression analysis, interpretation of slope
coefficients, forecasting.
Newbold,P. , Paul William Carlson and B.
Thorne(2013) Statistics for Business and
Economics, 8th Edition. Chapter 12 (474:511)
14
Assumptions of multiple regression, dummy
variables.
Newbold,P. , Paul William Carlson and B.
Thorne(2013) Statistics for Business and
Economics, 8th Edition. Chapter 12 (511:534)
15 Review and Question - Answer
RECOMMENDED SOURCES
Textbook
Newbold,P. , Paul William Carlson and B. Thorne(2013) Statistics for
Business and Economics, 8th Edition.
Additional Resources Supplamentary materials are published at www.leventuslu.com
MATERIAL SHARING
Documents
Assignments
Exams
ASSESSMENT
IN-TERM STUDIES
NUMBER
PERCENTAGE
Mid-terms
1
40
Quizzes
2
10
Assignment
5
10
Total
50
CONTRIBUTION OF FINAL EXAMINATION TO OVERALL
GRADE
50
CONTRIBUTION OF IN-TERM STUDIES TO OVERALL
GRADE
50
Total
COURSE CATEGORY
100
Expertise/Field Courses
COURSE'S CONTRIBUTION TO PROGRAM
Contribution
No Program Learning Outcomes
1 2 3 4 5
1
To acquire a sound knowledge of theoretical and quantitative skills in
the field of economics so that a contribution to solution of current
economic problems can be made.
2
To acquire professional
competence and knowledge in economics
which can be implemented in real life.
3
To possess the skills for writing, presentation and virtual sharing
platforms
that are used in problem solving and knowledge
accumulation.
4
To be able to evaluate and criticise the theories and abilities in
economics teaching in order to determine further learning needs.
5
To take personal responsibility to
unpredictable and complex in practise.
6
To able to participate in and to contribute efficiently to
professional, regional and academic networks.
7
To enlighten individuals and institutions and to earn ability to present
solutions to economic problems.
8
To possess social, scientific and ethical values at the data collection,
interpretation and dissemination stages of economic analysis.
x
9
To have the ability to evaluate his/her advance (post graduate) level
educational needs and do the necessary planning to fulfill those needs
through the acquired capability to think analytically and critically.
x
10
To be able to use English language efficently in order to achive
progress in academic and professional life.
solve
problems
which
X
x
are
the global,
x
x
x
x
ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
Activities
Quantity
Total
Duration
Workload
(Hour)
(Hour)
Course Duration (Including the exam week: 16x Total course
hours)
16
3
48
Hours for off-the-classroom study (Pre-study, practice)
16
4
64
Mid-terms
1
10
10
Quizes
0
0
0
Homework
5
5
25
Final examination
1
20
20
Total Work Load
167
Total Work Load / 25 (h)
6.68
ECTS Credit of the Course
7