Applied econometrics for behavioural modelling

This unit presents formulation and analysis of econometric models and techniques that are widely used in modern applied econometrics. Emphasis is placed on models that address special problems that arise when analysing microeconomic data, that is, data at the level of individual consumers, households and firms. The topics covered include modelling discrete dependent variables, simultaneous equations models, panel data estimation, conducting inference in models in which the dependent variable is jointly determined with one or more regressors. The models taught in this unit are widely used in practical applications in economics and business.