Quantitative Methods (ECON 505)

2021 Fall
Faculty of Arts and Social Sciences
Economics(ECON)
3
10
Mustafa Oğuz Afacan mafacan@sabanciuniv.edu,
Click here to view.
English
Doctoral, Master
--
Formal lecture
Communicative,Discussion based learning
Click here to view.
Programs\Type Required Core Elective Area Elective
Business Analytics - With Thesis *
Computer Science and Engineering - With Master's Degree *
Economics - Non Thesis *
Economics - With Bachelor's Degree *
Economics - With Thesis *
Leaders for Industry Biological Sciences and Bioengineering - Non Thesis *
Leaders for Industry Industrial Engineering - Non Thesis *
Leaders for Industry Materials Science and Engineering - Non Thesis *
Leaders for Industry Mechatronics Engineering - Non Thesis *
Management Ph.D. - Finance Area - With Bachelor's Degree *
Management Ph.D. - Finance Area - With Master's Degree *
Management Ph.D. - Management and Organization Area - With Bachelor's Degree *
Management Ph.D. - Management and Organization Area - With Master's Degree *
Management Ph.D. - Operations and Supply Chain Management Area - With Bachelor's Degree *
Management Ph.D. - Operations and Supply Chain Management Area - With Master's Degree *
Management Ph.D. - With Bachelor's Degree *
Management Ph.D. - With Master's Degree *

CONTENT

The course introduces students to research methods, analysis and design and aims to expose them to ethical considerations in research and publishing. Topics included are linear algebra; probability theory, random variables distributions, hypothesis testing, asymptotic distribution theory, estimation.

OBJECTIVE

Economics 505 introduces students to basic mathematical tools and statistical concepts. Special emphasis will be on tools that are essential for economic statistics and econometrics. The course is designed for first year graduate students in economics, and serves to meet the departmental quantitative methods requirement.

LEARNING OUTCOMES

  • On completion of the course, students are expected to a) Apply the concepts of Probability Theory in practical problems, b) analyze the main principles of statistical reasoning using the concepts from probability theory, c) describe the basic foundations of econometric theory and methodology, d) use basic econometric concepts like hypothesis testing and regression analysis.

ASSESSMENT METHODS and CRITERIA

  Percentage (%)
Final 50
Midterm 40
Assignment 10

RECOMENDED or REQUIRED READINGS

Textbook

Statistical Inference by George Casela and Roger L. Berger