Applied Econometrics

Applied Econometrics
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.
 Hours3.0 Credit, 3.0 Lecture, 0.0 Lab
 PrerequisitesECON 388
 TaughtFall, Winter, Spring
 ProgramsContaining ECON 488
Course Outcomes

Econ 488 students will be able to

  1. 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

Fixed effects

Instrumental variables

  1. Demonstrate an understanding of the interplay between economic theory and empirical work.
  2. 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.
  3. Apply modern empirical methods using data analysis exercises.
  4. 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.