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Quantitative Methods

Module Code: EC409B

Module Title: Quantitative Methods

  • ECTS Weighting: 10
  • Semester/Term Taught: Michaelmas Term
  • Contact Hours: 22 hours of lectures and 9 hours of tutorials.
  • Module Personnel: Professor Alejandra Ramos

Module Learning Aims

In the Michaelmas term, Quantitative Methods is a continuation of Junior Sophister Econometrics, EC3090. This half-module is designed to provide students with a toolbox of econometric techniques frequently used in applied microeconomics research.

Module Content

Limited dependent variables

  • Multinomial models
  • Censoring, Truncation, and Selection
  • Duration Models

Casual inference

  • Instrumental variables
  • Regression discontinuity designs
  • Difference-in-differences

Learning Outcomes

Students that successfully complete the the Michaelmas term half-module will be able to:

  • Derive and understand properties of different econometric models;
  • Decide which approach is appropriate for a particular type of data and research question;
  • Estimate econometric models using STATA pre-programmed routines and self-programed routines;
  • Correctly interpret the results;

Recommended Reading List

  • Cameron,  A. and Trivedi, P. (2005), Microeconometrics: Methods and Applications, Cambridge University Press.
  • Angrist, J. and  Pischke, J. (2009), Mostly Harmless Econometrics, Princeton University Press

Module Pre Requisite

EC3080 and EC3090

Assessment Details

Michaelmas Term:
Homeworks due periodically accounting for 50% of the overall grade and a Term Test in week 8 of Michaelmas term worth 50% of the overall grade.

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