In case of conflicting information consider the Sisu/MyCourses pages the primary source of information.

Overview

This course covers a number of central models and methods employed in modern microeconometric research. The emphasis is on different types of dependent varia-bles and data structures (cross section and panel data). The connection between economic theory and empirical methods is emphasized. Specifically, the topics covered in the course include

  • Discrete choice models
  • Tobit models
  • Sample selection models
  • Survival / duration analysis
  • The bounds approach
  • Panel data estimators
  • Calculation of standard errors

Teaching

  • Completion method: contact teaching
    • Streaming will be only available to the FDPE students, for more infromation please contact Jenni Rytkonen, jenni.rytkonen [at] aalto.fi
  • Schedule: can be found in Sisu
  • Study materials: can be found in MyCourses
    • To be able to access the course workspace you must have registered for the course successfully in Aalto’s Sisu
    • Log in with your Aalto username to be able to use all the features of the course workspace
  • Self study material to be studied before the course starts (link to be added here later)

Please register for the course in the Aalto Sisu with your Aalto username. Further instructions (link to be added here later).

University-specific instructions

    • Code: ECON-L4400

    • Target groups: PhD / rMSc / MSc

    • Credit points: 5

    • Code: 26056

    • Target groups: PhD / rMSc / MSc

    • Credit points: 5

    • Credit transfer: apply for substitution in Sisu

    Further instructions (link to be added here later)

    • Code: ECOM-R320 (MSc) / DPE-9320

    • Target groups: PhD / rMSc

    • Credit points: 5

    • Credit transfer: apply for substitution in Sisu

    Further instructions (link to be added here later)

    • Target groups: PhD

    • Credit points: please check your curriculum

    • Credit transfer: please apply for credit transfer according to your home university's procedures

    Further instructions (link to be added here later).

Learning outcomes

After the course, the student should know the basic properties and limitations of the microeconometric models discussed, and be able to implement them in empiri-cal research. The student also appreciates the connections between economic the-ory and empirical methods. The course also works as a foundation for more ad-vanced methodological and applied courses in microeconometrics.