Course description:

This course aims to provide analytical tools used to examine the relationship between economic variables, especially for models that are stochastic in nature. To provide a deep understanding for students, this course will use three approaches; (1) mathematical theoretical approach, (2) intuitive explanation of each concept discussed and (3) application using software that is easy to operate (user friendly).

After taking this course students can; understand under what conditions the econometric approach can be used, the reasons for using the OLS method, its advantages and disadvantages, assumptions that must be met, solutions if these assumptions are not met. Students are able to use dammy variables and some of the best model selection methods and panel data regression methods.

Thus, later students can use this methodology properly and correctly, both in making scientific papers, final assignments and the world of work. After taking this course, it is hoped that students will be able to use econometric models to solve general and specific economic problems