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Quantitative Methods A

Module Code: ECU44051/ECU44053

Module Title: Quantitative Methods A - Advanced Econometrics

  • ECTS Weighting: 10/5
  • Semester/Term Taught: Semester 1
  • Contact Hours: 22 hours of lectures and 4 hours of tutorials.
  • Module Personnel: Lecturer - Professor Alejandra Ramos

Module Learning Aims

This module is designed to provide students with a theoretical and applied toolbox of econometric techniques frequently used in applied microeconomics research.

Module Content

Limited dependent variables

  • Multinomial models
  • Censoring, Truncation, and Selection 

Casual inference

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

Learning Outcomes

Upon successful completion of the ECU44051 (10 ECTS) module, students 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;
  • Correctly interpret the results;
  • Replicate papers using the econometrics models discussed.

Upon successful completion of the ECU44053 (5 ECTS) module, students 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;
  • Correctly interpret the results.

Recommended Reading List

  • Cameron,  A. and Trivedi, P. (2005), Microeconometrics: Methods and Applications, Cambridge University Press
  • Cunningham, S. (2017), Causal Inference: The Mixtape.
  • Angrist, J. and  Pischke, J. (2009), Mostly Harmless Econometrics, Princeton University Press.
  • Cameron, A. & Trivedi, P. (2008), Microeconometrics Using Stata, Stata Press.

Module Pre Requisite

EC3180 & EC3181 Mathematical Economics and EC3190 & EC3191 Econometrics

Assessment Details

ECU44051 (10 ECTS): There will be a term test accounting for 50% of the overall grade and group assignment (presentation plus replication exercise) accounting for 50% of the overall grade.

ECU44053 (5 ECTS): There will be a term test accounting for 50% of the overall grade and group presentation accounting for 50% of the overall grade.

Module Website

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