Overview

The module is divided in lectures and a practical econometric workshops. Economic theory lectures will cover topics like: education, unemployment and wages, market failure and externalities, economic growth and monetary policy (they may be subject to change depending upon real-world events). In practical econometric workshops, the students will lean how to organize and manipulate data, software programming, sourcing and data visualization. The students will also apply a variety of regression techniques such as: linear, limited dependent variables, panel data and multi-stage regression.

The module is divided in lectures and a practical econometric workshops. Economic theory lectures will cover topics like: education, employment and wages, racial discrimination, economic growth and development, and taxation (these may be subject to change). In practical econometric workshops, the students will lean how to organize and manipulate data, software programming, sourcing and data visualization. The students will also apply a variety of regression techniques such as: linear, limited dependent variables, instrumental variables, and panel data regression.

Assessment Strategy

-threshold -D- to D+ (40-49%): No major omissions or inaccuracies in the deployment of information/skills. Some grasp of theoretical/conceptual/practical elements. Integration of theory/practice/information present intermittently in pursuit of the assessed work's objectives. -good -B- to B+ (60-69%): Very good performance Most of the relevant information accurately deployed. Good grasp of theoretical/conceptual/practical elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Evidence of the use of creative and reflective skills. -excellent -A- to A+ (70%+): Outstanding Performance. The relevant information accurately deployed. Excellent grasp of theoretical/conceptual/practice elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Strong evidence of the use of creative and reflective skills. -another level-C- to C+ (50-59%): Much of the relevant information and skills mostly accurately deployed. Adequate grasp of theoretical/conceptual/practical elements. Fair integration of theory/practice/information in the pursuit of the assessed work's objectives. Some evidence of the use of creative and reflective skills.

Learning Outcomes

• Analyse the outputs of econometric software packages.

• Demonstrate the ability to source, organise and appropriately manipulate economic data.

• Interpret the statistical significance of econometric results from literature, and understand their real-world significance.

• Select and apply appropriate quantitative techniques, based on the characteristics of the data and the nature of the research question under scrutiny.

• Theoretically analyse a range of applied economic topics.