Content of the Module

The purpose of the course is to introduce students to the basic empirical methods currently used in Applied Microeconometrics and Empirical Political Economics, with a strong methodological and empirical focus. Key areas of study include natural experiments and identification strategies, difference-in-differences, regression-discontinuity design, instrumental variables, event studies, and regression kink design. The qualification goal is to increase understanding of application-oriented econometrics, impart advanced knowledge of microeconometric methods, and enable students to critically evaluate empirical studies. The replicated examples for revealing causal effects are related to political economics. The topics include fiscal policy, favoritism, governmental structure, direct democracy, and ideology. However, these methods can be applied to other fields of empirical research with numerous applications in academia, as well as the public and private sectors. Students will have the option to evaluate an empirical paper (referee report) or replicate an empirical paper using R or Stata (replication report), depending on their preferences and skills.

Competences

Throughout the course, participants will engage with contemporary topics in political economy, craft a seminar paper, and improve their presentation skills. They will learn to formulate and defend their positions and problem-solving approaches and will be able to exchange information, ideas, and solutions with field experts. Subject-related skills include profound knowledge of the material presented by the instructor and other students. Analytical skills involve the analysis of empirical papers, evaluation of papers and possible extensions, and data analysis.

Examinations

Module examination, consisting of a graded written paper (counts for 50 % of the grading) and an oral presentation (counts for 50 % of the grading). Participation is required (i.e.,compulsory attendance).