ECONOMICS AND FINANCE
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

Course Introduction and Application Information

Course Code	Course Name	Semester	Theoretical	Practical	Credit	ECTS
SEN4016	Multivariate Data Analysis	Fall	3	0	3	6

This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction:	English
Type of course:	Non-Departmental Elective
Course Level:	Bachelor’s Degree (First Cycle)
Mode of Delivery:	Face to face
Course Coordinator :	Prof. Dr. MEHMET ALPER TUNGA
Recommended Optional Program Components:	None.
Course Objectives:	The students will have the ability of applying specific techniques included in multivariate analysis such as principle component analysis, factor analysis, linear regression to specific problems.

Learning Outcomes

The students who have succeeded in this course;
1. Describe multivariate data analysis concepts
2. Define the properties and limitations of PCA and compute PCA through different ways
3. Describe the types of factoring and factor computation
4. Define metric and non-metric scales
5. Describe simple and multiple correspondence analysis and chi squared distances
6. Define variations of MANOVA
7. Evaluate regression coefficients, parameter estimation, hypothesis testing
8. Describe deduction, induction, estimation, tests, correlation
9. Define univariate and multivariate filters

Course Content

The course content is composed of principle component analysis (pca), factor analysis, multidimensional scaling, correspondence analysis, multivariate analysis of variance (manova), multiple linear regression, statistical inference, feature subset selection.

Weekly Detailed Course Contents

Week	Subject	Related Preparation
1)	Introduction
2)	Principle Component Analysis (PCA)
3)	Principle Component Analysis (PCA)
4)	Factor Analysis
5)	Factor Analysis
6)	Multidimensional Scaling
7)	Correspondence Analysis
8)	Multivariate Analysis of Variance (MANOVA)
9)	Multiple Linear Regression
10)	Multiple Linear Regression
11)	Statistical Inference
12)	Statistical Inference
13)	Feature Subset Selection
14)	Feature Subset Selection

Sources

Course Notes / Textbooks:	Multivariate Data Analysis, 7/E, Joseph F. Hair, Jr, William C. Black, Barry J. Babin, Rolph E. Anderson, Pearson, 2010, 9780138132637
References:	Yok - None.

Evaluation System

Semester Requirements	Number of Activities	Level of Contribution
Quizzes	4	% 20
Homework Assignments	2	% 10
Midterms	1	% 30
Final	1	% 40
Total		% 100
PERCENTAGE OF SEMESTER WORK		% 60
PERCENTAGE OF FINAL WORK		% 40
Total		% 100

ECTS / Workload Table

Activities	Number of Activities	Duration (Hours)	Workload
Course Hours	14	3	42
Study Hours Out of Class	4	5	20
Homework Assignments	2	5	10
Quizzes	4	3	12
Midterms	1	15	15
Final	1	17	17
Total Workload			116

Contribution of Learning Outcomes to Programme Outcomes

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Program Outcomes	Level of Contribution
1)	Build up a body of knowledge in mathematics and statistics, to use them, to understand how the mechanism of economy –both at micro and macro levels – works.	3
2)	Understand the common as well as distinctive characters of the markets, industries, market regulations and policies.	2
3)	Develop an awareness of different approaches to the economic events and why and how those approaches have been formed through the Economic History and understand the differences among those approaches by noticing at what extent they could explain the economic events.	1
4)	Analyze the interventions of politics to the economics and vice versa.	3
5)	Apply the economic analysis to everyday economic problems and evaluate the policy proposals for those problems by comparing opposite approaches.	2
6)	Understand current and new economic events and how the new approaches to the economics are formed and evaluating.	2
7)	Develop the communicative skills in order to explain the specific economic issues/events written, spoken and graphical form.	3
8)	Know how to formulate the economics problems and issues and define the solutions in a well-formed written form, which includes the hypothesis, literature, methodology and results / empirical evidence.	2
9)	Demonstrate the quantitative and qualitative capabilities and provide evidence for the hypotheses and economic arguments.	2
10)	Understand the information and changes related to the economy by using a foreign language and communicate with colleagues.	3