Advanced Econometrics 4 (Microeconometrics, 5 cr)

Code:
ECON-L4400
Field:
Econometrics
Targets:
Research Master's students PhD students
Organiser:
Aalto University
Instructor:
Ciprian Domnisoru
Period:
Period 4
Format:
Lecture
Method:
Contact teaching
Venue:
Economicum building

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

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
  • Completion method: contact teaching
    • Streaming will be only available to the FDPE students, for more information please contact Jenni Rytkonen, jenni.rytkonen [at] aalto.fi
  • Schedule: can be found in Sisu
  • Study materials: can be found in MyCourses
    • To access the course workspace, use all the features and participate in the activities (assignments, discussions), you must have successfully registered for the course in Aalto's Sisu and logged in as an Aalto user with your Aalto IT account (which is generated after you have been granted study rights).
    • Workspaces for some courses are open access, but please note the above.
    • For more tips on how to register for a MyCourses course area, click here.

Please register for the course in the Aalto Sisu with your Aalto username. Further instructions can be found here.

Aalto University Students
  • Code: ECON-L4400
  • Target groups: PhD / rMSc
  • Credit points: 5
Hanken Students
  • Code: 26056
  • Target groups: PhD / rMSc
  • Credit points: 5
  • Credit transfer: apply for substitution in Sisu

Further instructions can be found here.

University of Helsinki Students
  • Code: ECOM-R320 (MSc) / DPE-9320
  • Target groups: PhD / rMSc
  • Credit points: 5
  • Credit transfer: apply for substitution in Sisu

Further instructions can be found here.

FDPE Students Students
  • 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 can be found here.

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.