Course content

The course includes econometric methods to analyse panel data and micro data. Different methods to take care of unobserved heterogeneity between individuals will be presented. An introduction to methods relevant for analyses of discrete choice and selected samples will be given. Applications of the methods will be emphasized.

Learning outcome

Knowledge

You learn

• different methods for estimation of econometric methods for panel data
• how to address unobserved individual heterogeneity in static and dynamic panel data models
• formulation, estimation and interpretation of models for individuals discrete choices
• formulation, estimations and interpretation of econometric models in situations where data is censored or the result of self selection

Skills

You should be able to

• use and understand methods in empirical analysis based on panel data in different data situations and model formulations
• use and understand econometric methods in empirical analysis of discrete choices and addressing problems with self selection and censored data
• conduct your own econometric analysis based on panel data and micro data and interpret and critically consider the credibility of results produced by different methods
• apply modern econometric software for empirical analysis based on panel data and micro data

General competence

You should be able to

• read and understand reports and research articles using the concepts and methods discussed in the course
• use the content of the course in your own academic work like your master thesis

Learning methods and activities

4 hours of lectures every week.

Compulsory activity: Approved term paper(s)/ exercise(s). Specific requirements will be announced at the beginning of the term, and an independent econometric work will be included. The course is an optional master's course, and will be taught next time in the autumn semester 2020. Students enrolled in ISØ's master programs can take the course any semester.

Compulsory assignments

• Obligatory course work

Recommended previous knowledge

Compulsory courses in Master of Science in Economics

Required previous knowledge

None

Course materials

Announced at the beginning of the term.

Credit reductions