Courses Master Display 2022-2023

Course Description To PDF
Course title Empirical Econometrics 1
Course code EBC4184
ECTS credits 6,5
Assessment Whole/Half Grades
Period
Period Start End Mon Tue Wed Thu Fri
1 5-9-2022 14-10-2022 X X
Level Intermediate/Advanced
Coordinator Martin Schumann
For more information: m.schumann@maastrichtuniversity.nl
Language of instruction English
Goals
The purpose of this course is to review and discuss a number of econometric and statistical techniques that are essential for empirical research in economics.
Description
This course is designed to teach students about modern applied
microeconometrics. In this course, we will introduce popular econometric methods used in recent applied papers. To do so, we will review the main theory necessary for gaining an intuitive understanding of the method. Students will apply their knowledge using the statistical software packages R and Stata. To follow this course, students should be familiar with basic matrix algebra, probability theory and statistics.
Content:
1. Review of linear regression
2. Instrumental variables, Generalized Method of Moments
3. Panel data model
4. Difference-in-Differences
5. Regression Discontinuity Design
6. Nonlinear models
7. Mixed topics (e.g. basics of quantile regression, presentations)
Literature
* Wooldridge, J. M. (2010). Econometric analysis of cross section and panel data. 2nd edition, MIT press.
* Greene, W. H. (2000). Econometric analysis, 8th edition, Pearson education.
* Angrist, J. D., & Pischke, J. S. (2008). Mostly harmless econometrics. Princeton university press.
* Cameron, A. C., & Trivedi, P. K. (2005). Microeconometrics: methods and applications. Cambridge university press.
Prerequisites
We assume that the students entering the Research master and following this course have at least a level comparable to the IES bachelor course Empirical Econometrics; have a good working knowledge of matrix algebra, of integrals calculus and are familiar with concepts from probability theory and mathematical statistics.
Teaching methods (indicative; course manual is definitive) Presentation / Lecture / Assignment / Papers / Groupwork
Assessment methods (indicative; course manual is definitive) Final Paper / Attendance / Written Exam / Assignment / Presentation
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Master Business Research - No specialisation Year 2 Methodology Elective(s)
Master Business Research - Operations Research Year 1 Elective Course(s)
Master Business Research - Operations Research Year 2 Elective Course(s)
Master Economic and Financial Research - No specialisation Year 1 Compulsory Course(s)