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ECON-A3000 - Principles of Empirical Analysis, 11.01.2021-23.02.2021

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Syllabus

Principles of Empirical Analysis

  • Principles of Empirical Analysis

    Principles of Empirical Analysis

    This course provides an introduction to data analysis in applied microeconomics. We have designed it to complement the First Course in Probability and Statistics (MS-A0503) or equivalent introductory course in statistics. Our aim is to give a non-technical and intuitive overview of the modern microeconometric approaches with a particular focus on critically evaluating alternative data sources and research designs. 

    Preliminary outline:

    1. Introduction to data
    2. Descriptive statistics I
    3. Descriptive statistics II
    4. Causality and randomization
    5. Statistical significance
    6. Testing errors and human errors
    7. Compliance and limits of RCTs
    8. Observational data and quasi-experiments
    9. Differences-in-differences
    10. Regression discontinuity design
    11. Regression and matching
    12. Structural approaches


    Matti Sarvimäki will teach lectures 1-7 and Tuukka Saarimaa lectures 8-12. In addition, Riku Buri will give six exercise lectures, which will cover an introduction to the statistical software Stata (available for Aalto students at download.aalto.fi). Grading will be based on exercises and pre-class assignments (50%) and final exam (50%).

    Outstanding textbooks covering most of the course's material include the modern classic Mastering 'Metrics by Josh Angrist and Steve Pischke and the brand new Causal Inference: The Mixtape by Scott Cunningham. The overlap is not perfect: we will cover material that is not discussed in these books and quite a bit of the books' material will be left for later courses. The exam will be based solely on material covered in class, assignments and exercises.

    All lectures and exercise sessions will be in Zoom. 

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  • ECON-A3000 - Principles of Empirical Analysis, 11.01.2021-23.02.2021
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  • Schools
    • School of Arts, Design, and Architecture (ARTS)
    • School of Business (BIZ)
    • School of Chemical Engineering (CHEM)
    • –sGuides for students (CHEM)
    • – Instructions for report writing (CHEM)
    • School of Electrical Engineering (ELEC)
    • School of Engineering (ENG)
    • School of Science (SCI)
    • Language Centre
    • Open University
    • Library
    • Aalto university pedagogical training program
    • UNI (exams)
    • Sandbox
  • CORONAVIRUS INFO
    • Koronavirus - tietoa opiskelijalle
    • Coronavirus - information for students
    • Coronavirus - information för studerande
    • Koronaviruksen vaikutus opiskeluun: kysymyksiä ja vastauksia
    • Effects of the coronavirus on studies: questions and answers
    • Coronaviruset och studierna: frågor och svar
    • Corona help for teachers
  • Service Links
    • MyCourses
    • - Instructions for Teachers
    • - Teacher book your online session with a specialist
    • - Digital tools for teaching
    • - Personal data protection instructions for teachers
    • - Instructions for Students
    • - Workspace for thesis supervision
    • WebOodi
    • Into portal for students
    • Courses.aalto.fi
    • Library Services
    • - Resourcesguides
    • - Imagoa / Open science and images
    • IT Services
    • Campus maps
    • - Search spaces and see opening hours
    • Restaurants in Otaniemi
    • ASU Aalto Student Union
    • Aalto Marketplace
  • ALLWELL?
    • Study Skills
    • Support for Studying
    • Starting Point of Wellbeing
    • About AllWell? study well-being questionnaire
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    •   ‎(sv)‎