ECM703: Advances in Causal Inference

Module code: ECM703

Module provider: Economics; School of Philosophy, Politics and Economics

Credits: 20

Level: Postgraduate Masters

When you'll be taught: Semester 2

Module convenor: Professor Sarah Jewell, email: s.l.jewell@reading.ac.uk

Pre-requisite module(s):

Co-requisite module(s):

Pre-requisite or Co-requisite module(s):

Module(s) excluded:

Placement information: NA

Academic year: 2024/5

Available to visiting students: Yes

Talis reading list: Yes

Last updated: 23 May 2024

Overview

Module aims and purpose

This module introduces research students to advanced microeconometrics techniques, focusing on methods for causal inference. Students will be expected to have a good knowledge of level 7 econometries (MSc level). The module considers how to select and apply modern and widely used microeconometric techniques for applied research. In addition, students will develop their econometric software skills, primarily the module will make use of Stata but some applications may make use of R. A beginner’s working knowledge of Stata will be assumed, or students will have to attain this on their own in advance. Materials to help learn Stata and R will be provided in advance.

Module learning outcomes

By the end of the module, it is expected that students will be able to:

1. Have the knowledge and understanding required to select and use appropriate microeconometric techniques for research;
2. Devise an identification strategy;
3. Perform their own data analysis using an appropriate statistical package;
4. Critically evaluate methods and approaches chosen by research papers.

Module content

Topics may include but not be exclusive to:instrumental variables, difference-in-differences, regression discontinuity design, synthetic controls,machine learning.

Structure

Teaching and learning methods

Teaching will be via a combination of pre-recorded lectures and online live applied sessions.

There will be pre-recorded lectures to be watched in advance of online live applied sessions: sessions will be 2 hours and may include applied demonstrations/exercises using statistical software and/or discussion of research papers. Introductory and refresher material will be provided. 

Study hours

At least 0 hours of scheduled teaching and learning activities will be delivered in person, with the remaining hours for scheduled and self-scheduled teaching and learning activities delivered either in person or online. You will receive further details about how these hours will be delivered before the start of the module.

Please note the independent study hours above are notional numbers of hours; each student will approach studying in different ways. We would advise you to reflect on your learning and the number of hours you are allocating to these tasks.

Semester 1 The hours in this column may include hours during the Christmas holiday period.

Semester 2 The hours in this column may include hours during the Easter holiday period.

Summer The hours in this column will take place during the summer holidays and may be at the start and/or end of the module.

Assessment

Requirements for a pass

Students need to achieve an overall module mark of 50% to pass this module.

Summative assessment

Penalties for late submission of summative assessment

The Support Centres will apply the following penalties for work submitted late:

Assessments with numerical marks

• where the piece of work is submitted after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for that piece of work will be deducted from the mark for each working day (or part thereof) following the deadline up to a total of three working days;
• the mark awarded due to the imposition of the penalty shall not fall below the threshold pass mark, namely 40% in the case of modules at Levels 4-6 (i.e. undergraduate modules for Parts 1-3) and 50% in the case of Level 7 modules offered as part of an Integrated Masters or taught postgraduate degree programme;
• where the piece of work is awarded a mark below the threshold pass mark prior to any penalty being imposed, and is submitted up to three working days after the original deadline (or any formally agreed extension to the deadline), no penalty shall be imposed;
• where the piece of work is submitted more than three working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.

Assessments marked Pass/Fail

• where the piece of work is submitted within three working days of the deadline (or any formally agreed extension of the deadline): no penalty will be applied;
• where the piece of work is submitted more than three working days after the original deadline (or any formally agreed extension of the deadline): a grade of Fail will be awarded.

The University policy statement on penalties for late submission can be found at: /cqsd/-/media/project/functions/cqsd/documents/qap/penaltiesforlatesubmission.pdf

You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.

Formative assessment

Formative assessment is any task or activity which creates feedback (or feedforward) for you about your learning, but which does not contribute towards your overall module mark.

Reassessment

Additional costs