LEARNING OUTCOMES
After the course, students understand the difference between correlation and causation and know what to look when reading research articles that make causal claims. The students understand and are able to replicate most common econometric research designs that allow causal interpretation, using econometric software Stata or R (Stata is used teaching and demonstrations). In addition, the students are able to apply these research designs to topical research questions in Real Estate Economics.
Credits: 6
Schedule: 15.04.2025 - 30.05.2025
Teacher in charge (valid for whole curriculum period):
Teacher in charge (applies in this implementation): Oskari Harjunen
Contact information for the course (applies in this implementation):
CEFR level (valid for whole curriculum period):
Language of instruction and studies (applies in this implementation):
Teaching language: English. Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
Content
valid for whole curriculum period:
-Causal inference
-Regression analysis
-Hedonic price models
-Instrumental variables approach
-Regression discontinuity designs
-Difference-in-differences
- Econometric software Stata
Assessment Methods and Criteria
valid for whole curriculum period:
Exam and weekly assignments (preliminary). The assessment methods and criteria will be announced in course syllabus.
Workload
valid for whole curriculum period:
160 hours (6 cr). The workload per activity type will be presented in the course syllabus.
DETAILS
Study Material
valid for whole curriculum period:
To be announced in course syllabus, MyCourses and lectures.
Substitutes for Courses
valid for whole curriculum period:
Prerequisites
valid for whole curriculum period:
SDG: Sustainable Development Goals
11 Sustainable Cities and Communities
FURTHER INFORMATION
Further Information
valid for whole curriculum period:
Teaching Language: English
Teaching Period: 2024-2025 Spring V
2025-2026 Spring VRegistration:
Registration for the course will take place on Sisu (sisu.aalto.fi). The course is offered only to students in the Master's Programme in Real Estate Economics, Master's Programme in Urban Studies and Planning (real estate specialization) and those exchange students who have been pre-admitted to the course.