This course is discontinued

Schedule, syllabus and examination date

Choose semester

Course content

This course will be revised during 2017.  Students who plan to take the revised version of ECON5100/9100, ECON5106/ECON9106 in the autumn 2017 are strongly recommended to take ECON4137 in the spring semester 2017 as this will be the recommended prerequisite for the new version of ECON5100/9100.

ECON5100 is based on the course ECON4136, covering the same concepts and the same curriculum. In addition to the regular requirements in ECON4136, students in ECON5100 must complete a project corresponding to 5 ECTS that must be approved before the exam.

This course introduces core microeconometric methods and the principles of causal inference. We will cover instrumental variables, elementary panel data models, and limited dependent variable models. Both experimental and quasi-experimental approaches to causal inference and program evaluation will be covered.

The emphasis will be on developing a solid understanding of the underlying econometric principles of the methods taught, as well as on their empirical application.

Students will also be introduced to:

  • statistical computing with Stata
  • statistical package for data analysis
  • data management
  • graphics.

Learning outcome

Knowledge outcomes

  • The course develops knowledge of both the formal and practical aspects of important microeconometric methods.
  • The successful student will be able to understand when to apply a method, how to apply this method and the method's limitations.
  • This also covers model specification and being able to correctly interpret estimation results.
  • Mastering the course's content will allow students to understand much of the applied microeconometric literature, and to perform basic econometric analyses themselves.

Skills

  • Basic skills in using Stata in performing various analyses on economic data will be developed through exercises and examples in the textbook
  • Students should be able to interpret Stata output

Competence

You should be able to

  • read and understand project reports and journal articles that make use of the concepts and methods that are introduced in the course
  • make use of the course content in your own academic work, for example in analyses that are part of the master’s thesis

 

Admission

Students who are admitted to study programmes at UiO must each semester register which courses and exams they wish to sign up for in Studentweb.

If you are not already enrolled as a student at UiO, please see our information about admission requirements and procedures.

Apply for guest student status if you are admitted to another Master's programme, or have completed a master in Economics at UiO or another Norwegian University.

Prerequisites

Formal prerequisite knowledge

ECON3150 - Introductory Econometrics /ECON4150 - Introductory Econometrics

Recommended previous knowledge

ECON4130 - Statistics 2, or equivalent.

Overlapping courses

Teaching

Lectures: 2 hours per week throughout the semester.

Seminar: 2 hours per week through parts of the semester.

Your course portfolio/project must be approved before you can present your self for the written school exam.

Absence from compulsory tuition activities

If you are ill or have another valid reason for being absent from compulsory tuition activities, your absence may be approved or the compulsory activity may be postponed.

Access to teaching

A student who has completed compulsory instruction and coursework and has had these approved, is not entitled to repeat that instruction and coursework. A student who has been admitted to a course, but who has not completed compulsory instruction and coursework or had these approved, is entitled to repeat that instruction and coursework, depending on available capacity.

Examination

The examination has two parts. Students must pass both parts to pass the course.

  1. An independent replication exercise, graded pass/fail.
  2. A 3-hour written school exam, graded A-F.

Previous exams 

Use of sources and citation

You should familiarize yourself with the rules that apply to the use of sources and citations. If you violate the rules, you may be suspected of cheating/attempted cheating.

Examination support material

Open-book exam, where all written and printed resources, as well as calculator, are allowed.

Language of examination

The examination text is given in English, and you submit your response in English.

Grading scale

Grades are awarded on a scale from A to F, where A is the best grade and F is a fail. Read more about the grading system.

Students on masters level are awarded on a descending scale using alphabetic grades from A to E for passes and F for fail. Students who would like to have the course approved as part of the requirement for admission to our phd-program, must obtain the grade C or better. Students who would like to have the course approved as a part of our phd-program, must obtain the grade B or better. Students on phd-level are awarded either a passing or failing grade. The pass/fail scale is applied as a separate scale with only two possible results.

Explanations and appeals

It is recommended to request an explanation of your grade before you decide to appeal.

Appeal

Explanation

The deadline to request an explanation is one week after the grade is published. For oral and practical examinations, the deadline is immediately after you have received your grade.

The explanation should normally be given within two weeks after you have asked for it. The examiner decides whether the explanation is to be given in writing or verbally.

Ask for an explanation about the grade in ECON5100.

Ask for an explanation about the grade in ECON5100 - postponed exam.

Ask for an explanation about the grade in ECON9100.

Resit an examination

If you are sick or have another valid reason for not attending the regular exam, we offer a postponed exam later in the same semester.

See also our information about resitting an exam.

Withdrawal from an examination

It is possible to take the exam up to 3 times. If you withdraw from the exam after the deadline or during the exam, this will be counted as an examination attempt.

Special examination arrangements

Application form, deadline and requirements for special examination arrangements.

Evaluation

The course is subject to continuous evaluation. At regular intervals we also ask students to participate in a more comprehensive evaluation.

Facts about this course

Credits

15

Level

Master

Teaching language

English