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INTT 103 Economic Statistics and Indicators

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1 INTT 103 Economic Statistics and Indicators
Prof. Dr. Mahir Nakip International Trade Department

2 Teaching Sources Main Source: STATISTICS FOR ECONOMISTS: A BEGINNING
John E. Floyd University of Toronto July 2, 2010

3 IBM SPSS Statistics 23 Brief Guide
Second Source: IBM SPSS Statistics 23 Brief Guide

4 2. Supporting Source: Marketing Research an Applied Approach
Naresh Malhotra and David F. Birks Second European Edition, 2006

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6 3. Auxiliary Source: Pazarlamada Araştırma Teknikleri
Prof. Dr. Mahir Nakip Seçkin Yayın Evi Üçüncü Baskı, 2013

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8 Description of this course…
This course is to provide students with the necessary toolkit (araç) to analyze and extract information from economic indicators and statistics. There are huge amounts of numerical data in economics such as inflation, growth, interest rates and so on. These data must be analyzed in order to extract the necessary information to guide decisions. We will concentrate on economic indicators to include fiscal, monetary and trade (i.e, the balance of payment accounts, exchanges rates etc.) indicators in this course.

9 This Course Gives What to the Students?
Some basic information about classification of the statistical variables and statistical methods Calculating and using descriptive statistics in economics and business Using SPSS in calculating descriptive statistics Using SPSS to draw statistical graphs How to use or calculate ındex numbers in economical data base How to use regression analysis in economics and business sciences by using SPSS How to use Qi Square analysis in business by using SPSS How to use correlation analysis in economics and business sciences by SPSS

10 Assignment and presentation
Mid term exam Style: Classic, questions Weight: 30% Final exam Style: classic, questions Weight: 50% Assignment and presentation Style: Short essay, solving statistical problems, short research paper and group presentation Weight: 20%

11 20% Assignment and presentation 50% Final Exam
Office Hours: Monday: Wednesday: and Grading Policy: 30% Midterm exam 20% Assignment and presentation 50% Final Exam

12 The main objectives of this course are
1. Understanding of the main concepts, indicators and statistics employed within the field of economics. 2. Ability to a. Understand and interpret economic information presented in textual, numerical or graphical form b. Select and apply economic concepts and principles to explain and analyze contemporary events at the micro and macro levels c. Make interpretations and valid inferences from information presented and evaluate the reliability of information given d. Organize and communicate economic ideas and arguments in a clear, logical and appropriate form.

13 Course outline… 1 Introduction 2
Data Analysis, Summarizing Numerical Information 3 Data Summarization : Frequency Distributions 4 Data Summarization : Measures of Central Tendency and Variability 5 Index Numbers, Index Calculations 6 7 Mid-term Examination 8 Introduction to Simple Linear Regression and Correlation 9 Monetary Statistics 10 Public Finance 11 Exchange Rate, Purchasing Power Parity 12 Balance of Payments 13 Presentations 14

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