ECON 253(F) Empirical Methods in Political Economy (Same as Political Economy 253) (Q)
This course introduces students to common empirical tools used in policy analysis and implementation. The broad aim is to train students to be discriminating consumers of public policy-relevant research. The emphasis in the course is on intuitive understanding of the central concepts. Through hands-on work with data and critical assessment of existing empirical social scientific research, students will develop the ability to choose and employ the appropriate tool for a particular research problem, and to understand the limitations of the techniques. Topics to be covered include basic principles of probability; random variables and distributions; statistical estimation, inference and hypothesis testing; and modeling using multiple regression, with a particular focus on understanding whether and how relationships between variables can be determined to be causal-an essential requirement for effective policy formation. Throughout the course, the focus will be on public policy applications relevant to the fields of political science, sociology, and public health, as well as to economics.
Format: lecture and discussion. Requirements: problem sets, group projects, short essays, and three quizzes.
Prerequisites: Mathematics 103 or its equivalent and one course in Economics. Enrollment limit: 19 (expected: 19). Required in the Political Economy major but open to non-majors. This course does not satisfy the econometrics requirement for the Economics major.
This course is part of the Critical Reasoning and Analytical Skills Initiative.
Hour: SHORE-SHEPPARD