Admission requirements
There are no formal admisssion requirements. However, completion of “Project 1: Introduction to data science” is recommended.
Description
This course provides an introduction to methods for applied economic analysis. This course builds on the course “Project 1: Introduction to data science” in the same minor. In this course; econometric methods as difference-in-differences; instrumental variables and fixed effects are discussed and applied to real datasets. The focus of this course is on interpreting; critically evaluating; and replicating state-of-the-art scientific research on the effects of policy instruments. Finally; students get to conduct their own empirical analysis on a topic and write a paper on this.
Course objectives
The goal of this course is to teach students the main tools of applied economic analysis. The course provides students with an understanding of the ways in which researchers investigate economic and societal challenges.
At the end of this course, students will be able to:
Understand and explain the main concepts in applied economic analysis.
Interpret and critically reflect on applied economic analysis.
Apply basic econometric methods to independently analyse economic data.
Conduct an empirical economic research project, in collaboration with other students, and report about it in a written report.
Timetable
Zie MyTimetable.
Mode of instruction
Lectures
Number of (2 hour) lectures:
Names of lecturers:
Required preparation by students:
Seminars
Number of (2 hour) seminars: 7 tutorials of 2 hours each (mandatory)
The tutorials combine explanation of the material and time for self-study in which students can ask questions. The tutorials are mandatory. Students are allowed to miss one in total without providing a reason. If more than one is missed, the course cannot be completed with a passing grade.Names of lecturers: dr. H.T. Vethaak and R. Gan MSc
Assessment method
Examination form(s)
2 Group assignments (15% each; total of 30%; no retake allowed)
Final group assignment (40%, retake allowed, retake grade is capped at 7.5)
Multiple-choice test (Individual; 30%; individual resit allowed, cannot be compensated)
To complete the course, the final weighted grade and the grade for the test must be a score of 5.5 or higher. In case the grade for the test is below a 5.5, the final grade for the course can only be a 5 at most. A retake will be available for the test and final group assignment (see details below). The grade of the retake of the final assignment cannot be higher than 7.5. Students who wish to carry over a partial grade from a previous year must contact the coordinator at the beginning of the course.
Resit
The first two group assignments have no retake possibilities. The test has a resit for students with a score below 5.5 for the test. The final group assignment has a retake for students with a score below 5.5 for the assignment or a score below 5.5 for the overall score.
Regulation retake passed exam
In this course it is possible to retake an exam that has been passed (cf. art. 4.1.8 and further of the Course and Examination Regulations) on the condition that this course is not part of the minor. Students who have passed the exam may retake the final written assessment (test) of the course if they meet certain requirements. For more information; go to the website > ‘Law’ tab > ‘Retake a passed exam’.
Review & feedback
The first two group assignments have a review during the tutorials of the course. The test and retake of the test both have an exam review at a moment intended for that purpose. The final group assignment and retake of the assignment both have a review at a moment intended for that purpose.
Reading list
Obligatory course materials
Huntington-Klein, N. (2021). The effect: An introduction to research design and causality. Chapman and Hall/CRC. Most recent edition.
Literature; including articles from international scientific journals; accessible via Brightspace.
Registration
Registration for courses and exams takes place via MyStudymap. If you do not have access to MyStudymap (guest students), look here (under the Law-tab) for more information on the registration procedure in your situation.
Contact
Coordinator: dr. H.T. Vethaak
Work address: Kamerlingh Onnes Building, Steenschuur 25 Leiden, room A2.57
Institution/division
Institute: Institute of Tax Law and Economics
Department: Economics
Roomnumber secretary: Kamerlingh Onnes Building, room B2.07
Telephone number secretary: +31 (0)71 527 7756/ 1571
Email: economie@law.leidenuniv.nl