Using Data in Public Policy
- Credits: 3
- Ending: Examination
- Range: 2C
- Semester: summer
- Year: 1
- Faculty of Economics and Finance
Teachers
Included in study programs
Teaching results
Knowledge
• By completing the course, the students develop basic analytical skills. They understand the use of quantitative methods and techniques in economics. The students further understand the basics of economic modelling and economic analysis.
Competence
• Seminar problems are both individual and team tasks. Therefore, student will gain competences in teamwork and in individual problem solving.
Skills
• Basic statistic and analytical skills. Student is familiar with using of basic statistic software for data processing and she/he knows how and where to find required data and how to present them in transparent way with accent on interpretation.
Indicative content
1. Introduction to quantitative methods and technics in economics and during the process of policy formation
2. Possible sources of data and obtaining appropriate data
3. Functions and relationship between variables
4. Basic functions in economics
5. Using statistical methods for policy evaluation
6. Basic descriptive statistics
7. Hypothesis and tests
8. From correlation to causality
9. Plots and interpretation
10. Introduction to statistical software
11. Advanced functions in statistical software
12. Causal effect evaluation of public policies
Support literature
E. Tipoe a R. Becker – Doing Economics, online: https://www.core-econ.org/doing-economics/
Wooldridge, Jeffrey M. Introductory econometrics: A modern approach. Nelson Education, 2016.
Chiang, Alpha C. "Fundamental metods of mathematical economics." (1984).
Requirements to complete the course
Evaluation during the semester and homework 100 %
Student workload
Total study load 78 hours
Seminars 26 hours
Preparing for seminars and seminar homework 26 hours
Preparing for evaluations during the semester 26 hours
Language whose command is required to complete the course
Slovak
Date of approval: 10.02.2023
Date of the latest change: 03.01.2022