Vrije Universiteit Amsterdam
Amsterdam, The Netherlands
Area of Study
Taught In English
Recommended U.S. Semester Credits3
Recommended U.S. Quarter Units4
Hours & Credits
The main goal of this course is to make students familiar with using microeconometric techniques to empirically analyze economic models. Students should be capable to test economic theories empirically and to estimate policy relevant parameters. Next they learn how to interpret estimation results and to translate these into policy conclusions. Students learn to distinguish between causality and correlation.
This course first provides an overview on microeconometric techniques to estimate causal effects. In particular, the potential outcomes framework is discussed and within this framework policy relevant treatment effects are defined. Next, more structural economic models are presented and empirical analyses of these models are discussed. More specifically, during the course labor market models, consumer choice models, school assignment models and production functions are evaluated. During the course, there will be a theoretical discussion, presentation of empirical studies and students have to work with data.
Lectures and workgroups
TYPE OF ASSESSMENT
Written exam and homework exercises
Introduction to econometrics (linear regression and maximum likelihood) and basic statistics (estimation and hypothesis testing)
Courses and course hours of instruction are subject to change.
Some courses may require additional fees.