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Unit information: Applied Economics Dissertation in 2020/21

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Unit name Applied Economics Dissertation
Unit code EFIM30031
Credit points 40
Level of study H/6
Teaching block(s) Teaching Block 4 (weeks 1-24)
Unit director Professor. Turon
Open unit status Not open
Pre-requisites

EFIM20036 Econometrics 2 OR EFIM30006 Applied Econometrics (co-requisite)

Co-requisites

None

School/department School of Economics
Faculty Faculty of Social Sciences and Law

Description

The Unit Director will make generic Stata resources (eg videos using up-to-date screen capture software) available on Blackboard. Members of staff will offer topics, so the dissertation will be heavily directed. The unit will start with a series of introductory talks to allow students to choose their topic and then topics will be allocated insofar as possible to students’ first or second choices: each member of staff will have approximately 24 students to supervise (maximum of 30) and three topics will be offered by the Finance Department. Staff members will be responsible for providing data and supporting notes on Blackboard for their project.

Following allocation of students to topics, there will then be two computer classes where each member of staff helps students in their group to use Stata. Students will then work in small groups to produce an initial three-page analysis of the data. This will be marked and returned as formative assessment but will also count towards ten% of the total. Staff will then provide another two whole-group sessions to provide feedback and additional material. Thereafter students will work independently and the remaining 90% will be allocated 40% to economic analysis and 50% to econometric analysis. Each staff member will provide additional office hours. The final dissertation will be 25 pages.

Intended learning outcomes

  • To provide students hands-on experience of analysing economic data.
  • To give students practical experience of using econometric software and using the output to provide an economic interpretation.
  • To give students experience in writing up results and producing a technical economic report.

Teaching details

Teaching will be delivered through a combination of synchronous and asynchronous sessions such as online teaching for large and small group, face-to-face small group classes (where possible) and interactive learning activities

Assessment Details

1. Group initial analysis of data (10%) 2. Dissertation (90%)

(Each assess all ILOs)

Reading and References

There is no single text for this unit. Reading will depend on which dissertation topic is chosen.

Recent examples have been:

  • Marco Francesconi and Wilbert van der Klauuw 2007. The Socioeconomic Consequences of “In-Work” Benefit Reform for British Lone Mothers. Journal of Human Resources 42(1): 1-31.
  • Kochin L.A. (1974) Are Future Taxes Anticipated by Consumers? Journal of Money Credit and Banking 6 no 3 385-394
  • Alesina A. and D. Rodrik (1994) Distributive Politics and Economic Growth Quarterly Journal of Economics 109 2 465-490
  • Harmon C. and I. Walker (1995) Estimates of the Economic Return to Schooling for the United Kingdom American Economic Review Vol 85, No 5 1279-1286
  • C. Baum An Introduction to Modern Econometrics using Stata, Stata Press will also be useful.

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