Economics C: Analysis of Economic Data

The course will cover tools and concepts that are widely used in economic and many other social science studies as well as within a large number of professional areas such as public administration, financial analysis, and marketing. The course focuses on the analysis of cross-sectional data and the concepts, intuition and software skills needed to independently perform and interpret results from a multiple regression analysis. The statistical methods and concepts covered include multiple regression analysis with continuous, dummy, and interaction variables, t- and F-tests, and omitted variable bias. The course also introduces you to the intuition behind more advanced statistical methods commonly used in economics to isolate causal effects, such as instrumental variable methods. The discussed methods are applied to real-world data with the use of the statistical software Stata.