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Module (major changes) (6 Credits)

Causality and Programme Evaluation

Announcement for changes in the module

Das Modul wird im Sommersemester 2021 nicht angeboten.

Name in diploma supplement
Causality and Programme Evaluation
Responsible
Admission criteria
See exam regulations.
Workload
180 hours of student workload, in detail:
  • Attendance: 60 hours
  • Preparation, follow up: 60 hours
  • Exam preparation: 60 hours
Duration
The module takes 1 semester(s).
Qualification Targets

Students taking the course will

  • Acquire a sound understanding of identification strategies in microeconometrics
  • Gain knowledge of the advantages and limitations of experimental research
  • Get familiar with the most important non-experimental techniques and their underlying assumptions
  • Learn how to critically assess empirical microeconometric work
Relevance

For decision makers, e.g. in public policy, it is important to identify causal effects of distinct policy programmes in order to use available resources efficiently. For this purpose there exists a broad variety of methods. This course enables students to critically assess existing empirical evidence and pursue own empirical evaluations.

Module Exam

In order to pass the course students need to solve and hand in problem sets (20% of the final grade), and to write a term paper (usually 20-30 pages, 80% of the final grade) in which they pursue an own empirical evaluation.

Usage in different degree programs
  • BWL-EaF-Ma-2015Wahlpflichtbereich1st Sem, Elective
  • ECMX-Ma-2019WahlpflichtbereichBereich Econometric Methods1st Sem, Elective
  • GOEMIK-Ma-2016Wahlpflichtbereich Bereich Volkswirtschaftslehre1st Sem, Elective
  • VWL-Ma-2009-V2013Wahlpflichtbereich I1st Sem, Elective
Elements
Name in diploma supplement
Causality and Programme Evaluation
Organisational Unit
Lecturers
SPW
4
Language
English
Cycle
summer semester
Participants at most
no limit
Preliminary knowledge

Good knowledge of econometrics required.

Abstract

This is a Master/Ph.D.-level course in causal inference and program evaluation methodology. We will focus on using the potential outcomes approach as a general organizing principle, and examine identification and estimation of treatment effects under various types of assumptions. The course will not go into great depth in regard to any particular applied econometric method, but will instead aim to provide you with enough knowledge about each one to know when, and when not, to use it in empirical work.

Contents
  • Theories of Causation
  • Conducting Experiments in Economics
  • Randomisation
  • Differences-in-Differences
  • Instrumental Variables
  • Fuzzy DiD / Multiple Testing
  • Regression Discontinuity Design
  • Methods based on Unconfoundedness
  • Quantile Regression
  • Evaluating Evaluation Techniques
Literature
  • Angrist & Pischke (2009), Mostly Harmless Econometrics
  • Imbens & Wooldridge (2009), "Recent developments in the econometrics of program evaluation". Journal of Economic Literature.
Participants
  • BWL-EaF-Ma-2015WahlpflichtbereichModul "Causality and Programme Evaluation"1st Sem, Elective
  • ECMX-Ma-2019WahlpflichtbereichBereich Econometric MethodsModul "Causality and Programme Evaluation"1st Sem, Elective
  • GOEMIK-Ma-2016Wahlpflichtbereich Bereich VolkswirtschaftslehreModul "Causality and Programme Evaluation"1st Sem, Elective
  • VWL-Ma-2009-V2013Wahlpflichtbereich IModul "Causality and Programme Evaluation"1st Sem, Elective
Lecture with integrated exercise: Causality and Programme Evaluation (WIWI‑C0635)
Module: Causality and Programme Evaluation (WIWI‑M0473)