Course objectives#

Main course objective#

  • Students judge the pros and cons of different ways to answer research questions by means of applied microeconomic methods

Detailed course objectives: Methods#

  • Students explain how modelling selection effects affects the causal conclusions drawn from empirical relations between variables.

  • Students understand the role of stylised facts for motivating research papers

  • Students understand the revealed preference paradigm

  • Students analyse papers with respect to the assumptions they make with respect to the revealed preferences paradigm

  • Students analyse papers with respect to the approaches to causality they employ

Detailed course objectives: Substantive contents#

  • Students explain the Roy model

  • Students explain some ways of how welfare programmes may impact labour supply.

  • Students judge the importance of preference and belief heterogeneity in different contexts

  • Students understand various models of belief formation processes

  • Students analyse various models of discounting behaviour