Quantitative Economics

This information is for the 2013/14 session.

Teacher responsible

Prof Maria Tenreyro 32L. 2.17

Dr Aureo de Paula (room TBC).


This course is available on the MSc in Econometrics and Mathematical Economics and MSc in Econometrics and Mathematical Economics (2 Year Programme). This course is available with permission as an outside option to students on other programmes where regulations permit.


Students are expected to take EC400 in September and achieve the requisite standard. 

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.

Course 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. ~ 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.


20 hours of lectures and 8 hours of seminars in the MT. 20 hours of lectures and 10 hours of seminars in the LT. 2 hours of seminars in the ST.

Indicative reading

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).


Exam (100%, duration: 3 hours) in the main exam period.

Key facts

Department: Economics

Total students 2012/13: 5

Average class size 2012/13: 5

Value: One Unit

Guidelines for interpreting course guide information