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Quantitative Microeconomics
Engineering & Social Sciences Program
Madrid, Spain
Dates: 8/28/22 - 12/23/22
Quantitative Microeconomics
OVERVIEW
CEA CAPA Partner Institution: Universidad Carlos III de Madrid
Location: Madrid, Spain
Primary Subject Area: Economics
Instruction in: English
Course Code: 13672
Transcript Source: Partner Institution
Course Details: Level 400
Recommended Semester Credits: 3
Contact Hours: 42
Prerequisites: An introductory course in Econometrics. Knowledge of the Econometric software gretl is highly recommended.
DESCRIPTION
The course tours through a wide selection of microeconometric techniques designed to conduct applied research in microeconomics.
As a reference, the model of labour force participation and human capital will be used to motivate different econometric methods. Throughout the course, other empirical applications will be referred to, highlighting how the techniques learnt in the course can be successfully applied in other research questions. The course is divided in the following major topics:
- Maximum Likelihood and Monte Carlo Simulation.
- Binary choice models.
- Other qualitative dependent variable models: ordered, multinomial, and count data models.
- Corner solutions: censured models.
A more detailed programme will be made available in the web page of the course.
As a reference, the model of labour force participation and human capital will be used to motivate different econometric methods. Throughout the course, other empirical applications will be referred to, highlighting how the techniques learnt in the course can be successfully applied in other research questions. The course is divided in the following major topics:
- Maximum Likelihood and Monte Carlo Simulation.
- Binary choice models.
- Other qualitative dependent variable models: ordered, multinomial, and count data models.
- Corner solutions: censured models.
A more detailed programme will be made available in the web page of the course.