Dr S. Tenreyro, STC. S579 and others.

This course is for MSc Econometrics and Mathematical Economics and for other graduate students with the permission of the course lecturer.

A knowledge is expected of econometric theory and applied econometrics corresponding to Principles of Econometrics or Methods of Economic Investigation. Students must be prepared to read journal articles with a difficult mathematical and statistical content.

The micro part of the course focuses on the application of econometric techniques to modelling the behaviour of individual economic agents (households and firms). The macro part of the course covers methods for solving macroeconomic models and empirical techniques to uncover macroeconomic variables. The thematic focus will be on trade, growth, and volatility.
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The emphasis will be on the connection between economic theory and empirical evaluation. The lecture course covers a wide range of topics in applied micro-econometrics and macroeconomics with a view to illustrating the interplay between models, data and methods.

Lectures: 10 x two-hours microeconomics, 10 x two-hours macroeconomics.

Seminars: 10 hours microeconomics, 10 hours macroeconomics. The seminars will cover the same topics as the lectures and aims to introduce students to the best examples of applied econometrics. The students are required to present papers or act as discussants. Participation and contribution will be noted.

Articles will be assigned at the start of the course. The course will also draw on Ljungqvist & Sargent, Recursive Macroeconomic Theory (2004), Wooldridge, Econometric Analysis of Cross Section and Panel Data (2002), and Deaton, The Analysis of Household Surveys (1997).

A three-hour written examination in the ST.