Course Description
Standard and advanced econometric techniques are applied to topics in agriculture and resource economics. Techniques include models for cross-section data, such as limited dependent variable models, selectivity techniques, count data models, and models for panel data. Students will conduct statistical analyses and model evaluation.
Athena Title
Applied Econometrics
Prerequisite
(AAEC 6610 or ECON 8080) and AAEC 6580-6580L
Semester Course Offered
Offered spring
Grading System
A - F (Traditional)
Course Objectives
The goal of this course is to teach students a comprehensive set of statistical tools and research designs that are useful in conducting high-quality empirical research on topics in applied microeconomics. Students will be introduced to applied econometric techniques and a variety of models that are used when the linear model is inadequate. Applied economic research deals with issues with direct policy implications and this course will emphasize identifying and measuring causation rather than simple association. The course has a special emphasis on the analysis of individual or firm-level data derived from the economic behavior of individuals and firms.
Topical Outline
Part 1 Models for Cross-Section Data A. Binary Outcome Models B. Multinomial Models C. Tobit and Selection Models D. Transition Data: Survival Analysis E. Models of Count Data Part 2 Models for Panel Data A. Linear Panel Data Models: Basics B. Linear Panel Data Models: Extensions C. Nonlinear Panel Models Part 3 Advanced Topics A. Treatment Evaluation B. Measurement Error Models C. Missing Data and Imputation
Syllabus
Public CV