Academic Catalog

ECON383 MACHINE LEARNING IN ECONOMICS AND FINANCE

Course Code: 3110383
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 6.0
Department: Economics
Language of Instruction: English
Level of Study: Undergraduate
Course Coordinator:
Offered Semester: Fall and Spring Semesters.
Prerequisite: Set 1: 3110301 , 3110302
The course set above should be completed before taking ECON383 MACHINE LEARNING IN ECONOMICS AND FINANCE.

Course Content

Machine learning (ML) is emerging as an increasingly vital analytical tool that provides accurate analyses and sophisticated solutions for addressing data-rich challenges. Large-scale datasets. commonly called "big data," have become prevalent across various applied domains. This course aims to equip students with tlhe ML skills and knowledge necessary to navigate and analyze large-scale datasets in economics and finance. Students will gain proficiency in programming statistical methods using Python and learn to utilize relevant libraries to implement these methods effectively. Furthermore. it aims to provide students with practical, hands-on e.xperience in addressing economic and fýnancial challenges through real-world case studies, fostering working data science knowledge.