EC116-4-FY-CO:
Applied Economics and Policy
2020/21
Economics
Colchester Campus
Full Year
Undergraduate: Level 4
Current
Thursday 08 October 2020
Friday 02 July 2021
30
23 September 2019
Requisites for this module
(none)
(none)
(none)
(none)
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This module is about the analysis of data within economics, and the interpretation of empirical results.
More specifically the module aims are:
- To provide an introduction to data analysis in economics. How to find and create datasets and how to describe the main features of economic data;
- To develop an understanding of simple statistical and econometric techniques used in economics that complement the theoretical treatment in Introduction to Quantitative Economics;
- To provide an introduction on how economic models are tested using data and how to interpret results both statistically and economically;
- To provide an introduction to policy evaluations in economics;
Upon completion of this module, students will be able to apply basic data analysis to address economic issues. In particular, each student will be aware of the main sources of economic data; how to construct and interpret graphs of the data; how to construct summary statistics and how to interpret statistical regressions in relation to economic issues. Their ability to read, understand and properly manipulate data will be strongly enhanced, especially from an empirical point of view. Students are introduced to the knowledge of widely used computational packages and plenty of examples from real datasets.
No additional information available.
Feedback for this module will occur through class meetings where we will go over the answers to problem sets and where you will be able to ask questions about your own method of solution; answers that will be posted on the website for the module that will give you written guidance on the appropriate method to approach the problems, assignments, and tests; and office hours where any additional questions can be addressed. You should be sure that you use these methods to understand how to improve your own performance. For modules including a term paper, the term paper will be returned with individualised feedback that addresses what the marking criteria are and how you could improve your own work.
- Asteriou, Dimitrios; Hall, S. G. (2016) Applied econometrics, New York, NY: Palgrave Macmillan.
- Griffiths, Alan; Wall, Stuart. (2012) Applied economics, Harlow: Pearson Education limited.
- Gertler, Paul; MartÃnez Wilde, Sebastián; Premand, Patrick; Rawlings, Laura; Vermeersch, Christel; World Bank Group; Inter-American Development Bank. (2016) Impact evaluation in practice, Washington, DC: IDB, Inter-American Development Bank.
- Lind, Douglas; Marchal, William; Wathen, Samuel. (2018) Basic Statistics for Business and Economics, OH: McGraw-Hill Education.
The above list is indicative of the essential reading for the course. The library makes provision for all reading list items, with digital provision where possible, and these resources are shared between students. Further reading can be obtained from this module's reading list.
Assessment items, weightings and deadlines
| Coursework / exam |
Description |
Deadline |
Coursework weighting |
| Coursework |
Autumn Term: Assignment |
|
50% |
| Coursework |
Spring Term: Assignment |
|
50% |
| Exam |
Main exam: 240 minutes during Summer (Main Period)
|
Exam format definitions
- Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
- In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
- In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
- In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary,
for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.
Your department will provide further guidance before your exams.
Overall assessment
Reassessment
Module supervisor and teaching staff
Dr Lingqing Jiang, email: lingqing.jiang@essex.ac.uk.
Dr Elif Kubilay, email: elif.kubilay@essex.ac.uk.
Lectures: Lingqing Jiang (Autumn) & Dr Elif Kubilay (Spring) / Laboratory: various teachers
Send an email to: ueco@essex.ac.uk
Yes
Yes
No
Mr Georgios Papadopoulos
Available via Moodle
Of 690 hours, 0 (0%) hours available to students:
690 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).
Economics
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