Quantitative Methods (ECON 505)

2022 Fall
Faculty of Arts and Social Sciences
Economics(ECON)
3
10
Erdal Aydın erdalaydin@sabanciuniv.edu,
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English
Doctoral, Master
--
Formal lecture
Communicative,Discussion based learning
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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