MSc Development Finance
Year of entry: 2023
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Course unit details:
Research Skills for Economic Development 2 (Applied Quantitative Skills)
|Unit level||FHEQ level 7 – master's degree or fourth year of an integrated master's degree|
|Teaching period(s)||Semester 2|
|Offered by||Global Development Institute|
|Available as a free choice unit?||No|
The course unit aims to equip students with knowledge of and experience with conducting empirical research in which they apply data analysis to a research topic related to their programme(s). It also helps prepare students for their dissertations.
On completion of this unit successful students will be able to:
Lecture 1: Assumptions and properties of OLS estimation.
Lecture 2: Internal and external validity of a statistical study. Identification problems.
Lecture 3: Natural experiments and IV estimation.
Lecture 4: Panel methods and identification.
Lecture 5: Natural experiments and panel methods.
Lecture 6: Applied quantitative research: research question(s) and research hypothesis
Lecture 7: model specification
Lecture 8: issues in the execution of data analysis
Lectures 9 and 10: research proposal and dissertation
Teaching and learning methods
The cours will be taught via a mix of lectures, computer lab sessions and independent learning.
Knowledge and understanding
- demonstrate they have acquired knowledge and understanding of the steps involved in conducting contemporary quantitative research.
- show they have obtained understanding of the process of designing and writing a dissertation.
- demonstrate they have developed the ability to identify an empirical research question based on the existing literature.
- demonstrate they have developed the ability to design an empirical strategy which is appropriate to address the research question(s).
- show they have acquired familiarity with regression analysis (identification, execution and interpretation).
- demonstrate they have acquired skills to use econometric software.
- demonstrate they have acquired skills to write up a research report for an empirical project.
- The experience of doing independent research.
Written feedback on the research project report through Turnitin.
There are no textbooks that cover all aspects of the module, and specific readings may be given at each lecture. However, students may find the following books useful.
- Stock J. and M. Watson (2015), Introduction to Econometrics, Pearson.
- Wooldridge J. (2017), Introductory Econometrics, 7th ed., Cengage.
- Måns Söderbom, Francis Teal, Markus Eberhardt, Simon Quinn, Andrew Zeitlin (2014), Empirical Development Economics, Routledge
- Mukherjee, C., While, H. and Wuyts, M. (1998) Econometrics and Data Analysis for Developing Countries, Routledge, London and New York.
|Scheduled activity hours|
|Practical classes & workshops||10|
|Independent study hours|
|Yin-Fang Zhang||Unit coordinator|