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ECON 707

CAUSAL ESTIMATION IN ECONOMICS

3 credits.

Most empirical work in economics focuses on estimation of causal effects, including causal effects of an economic policy, a program, or a person's decision. Discussion of the basic causality issue and contemporary methods in econometrics for identifying and estimating causal effects.

Prerequisites & course information

Requisites: ECON 704 Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement Repeatable for Credit: No Last Taught: Spring 2026 Learning Outcomes: 1. Explain the concept of causality Audience: Graduate 2. Identify and evaluate empirical methods used in papers in microeconomics that estimate causal effects Audience: Graduate 3. Evaluate and critique empirical papers estimating causal effects - understand the crucial assumptions behind the results, and judge the consequences of these assumptions on the estimates Audience: Graduate Learning Outcomes: 1. Explain the concept of causality Audience: Graduate 2. Identify and evaluate empirical methods used in papers in microeconomics that estimate causal effects Audience: Graduate 3. Evaluate and critique empirical papers estimating causal effects - understand the crucial assumptions behind the results, and judge the consequences of these assumptions on the estimates Audience: Graduate

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