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Course Description
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Course Name
Empirical Economics
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Host University
Vrije Universiteit Amsterdam
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Location
Amsterdam, The Netherlands
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Area of Study
Economics
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Language Level
Taught In English
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Course Level Recommendations
Upper
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
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ECTS Credits
6 -
Recommended U.S. Semester Credits3
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Recommended U.S. Quarter Units4
Hours & Credits
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Overview
COURSE OBJECTIVE
The main goal of this course is to make students familiar with using microeconometric techniques to empirically analyze economic models. Students should be capable to test economic theories empirically and to estimate policy relevant parameters. Next they learn how to interpret estimation results and to translate these into policy conclusions. Students learn to distinguish between causality and correlation.COURSE CONTENT
This course first provides an overview on microeconometric techniques to estimate causal effects. In particular, the potential outcomes framework is discussed and within this framework policy relevant treatment effects are defined. Next, more structural economic models are presented and empirical analyses of these models are discussed. More specifically, during the course labor market models, consumer choice models, school assignment models and production functions are evaluated. During the course, there will be a theoretical discussion, presentation of empirical studies and students have to work with data.TEACHING METHODS
Lectures and workgroupsTYPE OF ASSESSMENT
Written exam and homework exercisesENTRY REQUIREMENTS
Introduction to econometrics (linear regression and maximum likelihood) and basic statistics (estimation and hypothesis testing)
Course Disclaimer
Courses and course hours of instruction are subject to change.
Some courses may require additional fees.