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ECON42700

Academic Year 2024/2025

Advanced Econometrics: Microeconometrics (ECON42700)

Subject:
Economics
College:
Social Sciences & Law
School:
Economics
Level:
4 (Masters)
Credits:
5
Module Coordinator:
Dr Nora Strecker
Trimester:
Spring
Mode of Delivery:
On Campus
Internship Module:
No
How will I be graded?
Letter grades

Curricular information is subject to change.

This course will focus on econometric models and estimation methods widely used in applied economics, covering microeconometric models and topics will include among others: limited dependent variable and sample selection models, panel data, and treatment effects.

About this Module

Learning Outcomes:

By the end of this course, students should be able to:
1) select and formulate the appropriate econometric model for given a research question and data setting;
2) identify the appropriate estimator among the ones seen in class;
2) estimate all the models seen in class using R

Indicative Module Content:

Cross-section and panel data
- Models with limited dependent variables
- Selection models
- Panel data models
-Treatment effects

Student Effort Hours:
Student Effort Type Hours
Autonomous Student Learning

80

Lectures

24

Tutorial

12

Total

116


Approaches to Teaching and Learning:
The modules comprises lectures and tutorial session; the latter allow students to practice and discuss the techniques learned on real data and develop confidence in handling datasets and statistical software.

AI may only be used in this module only to generate or check code in R (or any other coding language you are using), etc. However, you must understand how that code operates, be able to explain it, accept responsibility for it, and explicitly acknowledge that AI was used and in what ways it was used. You are also required to provide a reference for the software used, and what prompts (if any) were used. Here is an example of a citation:

Code generated by ChatGPT, March 31, 2024, OpenAI, https://chat.openai.com.

The following prompts were used: “XYZ”.

The use of AI-generated content without explicit attribution is a form of academic misconduct. Please note that if academic misconduct is suspected, you may be asked to discuss or explain components of your assignment without warning to determine the authenticity of the work. Please refer to the UCD Student Academic Misconduct Procedure for more.

Requirements, Exclusions and Recommendations
Learning Recommendations:

It is recommended that students have completed ECON41820 - Econometrics in the Autumn before taking this module in the Spring.


Module Requisites and Incompatibles
Not applicable to this module.
 

Assessment Strategy
Description Timing Component Scale Must Pass Component % of Final Grade In Module Component Repeat Offered
Individual Project: Assignment on OLS and Limited Dependent Variable models. Week 7 Alternative linear conversion grade scale 40% No
20
No
Assignment(Including Essay): Assignment on Panel Data. Week 12 Alternative linear conversion grade scale 40% No
20
No
Exam (In-person): Final exam covering the all lectures/tutorials End of trimester
Duration:
2 hr(s)
Alternative linear conversion grade scale 40% No
60
No

Carry forward of passed components
No
 

Resit In Terminal Exam
Summer Yes - 2 Hour
Please see Student Jargon Buster for more information about remediation types and timing. 

Feedback Strategy/Strategies

• Group/class feedback, post-assessment
• Online automated feedback
• Self-assessment activities

How will my Feedback be Delivered?

How will my Feedback be Delivered? 1. Assignments will be assigned throughout the semester for self-assessment; solutions will be posted on Brightspace and will be explained in detail during tutorials. 2. Appointments will be given to those students wishing to get individual feedback on the empirical assignments and the final examination.

Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
Spring Lecture Offering 1 Week(s) - 20, 21, 22, 23, 24, 25, 26, 29, 30, 31, 32, 33 Thurs 16:00 - 17:50
Spring Lecture Offering 1 Week(s) - 20, 21, 22, 23, 24, 25, 26, 29, 30, 31, 32, 33 Tues 16:00 - 17:50