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