Application of econometric methods, introduction to research design, and evaluation of empirical research. Special attention given to linking economic theory and econometrics, and causal inference.
Econ 488 students will be able to
- Demonstrate an understanding of the assumptions underlying commonly used empirical approaches for the identification of causal effects, including:
Ordinary least squares
Interrupted time series
Difference in differences
- Demonstrate an understanding of the interplay between economic theory and empirical work.
- Read and understand contemporary academic literature in economics. Students will provide written evaluations of selected academic papers, including a clear description and critique of the empirical methods used.
- Apply modern empirical methods using data analysis exercises.
- Complete a research project in which they identify a question, assemble a dataset, thoughtfully apply appropriate empirical methods, and clearly describe their methodology, assumptions, and findings.