Degree | Type | Year | Semester |
---|---|---|---|
4313805 Economic Analysis | OB | 1 | 2 |
No specific prerequisits.
This module seeks two main objectives:
On the one hand, the course covers the basic and standard concepts of non-cooperative and cooperative Game Theory at a graduate level.
On the other it teaches students how to analyze, interpret and organize economic data with advanced econometric and statistical techniques. In part two it shows students how to use advanced econometric techniques and theoretical models to make economic forecasts and therefore, be able to evaluate important economic policies. The student also learns how to use the main software packages necessary for data analysis.
Game Theory
1.- Introduction to Game Theory and Some Examples
2.- Games in Normal Form
3.- Games in Extensive Form
4.- Nash Equilibrium and Related Issues
5.- Repeated Games
6.- Games of Incomplete Information
7.- Bargaining Theory
8.- Cooperative Games
Econometrics I
1. Causal inference vs. forecasting and types of data
2. Conditional expectations and their properties
3. Identification, estimation, and inference in bivariate OLS regression
4. Identification, estimation, and inference in multiple OLS regression
5. Measurement error bias and solutions
6. Sample selection bias and solutions
7. Reverse causality bias and solutions
8. Standard error bias and solutions
9. Identification, estimation, and inference in linear IV regression
10. Weak instrument bias and size distortion
11. Extremum estimator
Econometrics II
12. Maximum likelihood
13. Generalized Method of Moments
14. Introduction to time series analysis
15. Additional topics in econometrics
• Theory classes
• Practice classes
• Learning based on problem solving
• Tutorials
• Personal study
• Study groups
• Textbook reading
• Article reading
Title | Hours | ECTS | Learning Outcomes |
---|---|---|---|
Type: Directed | |||
Theory classes | 112.5 | 4.5 | 2, 1, 3, 4, 5, 6, 8, 10, 11, 9, 7, 12 |
Type: Supervised | |||
Problems sets, tutorials | 75 | 3 | 2, 1, 3, 4, 5, 6, 8, 10, 11, 9, 7, 12 |
Type: Autonomous | |||
Personal study, study groups, textbook readings, article readings | 187.5 | 7.5 | 2, 1, 3, 4, 5, 6, 8, 10, 11, 9, 7, 12 |
A module consists of different courses which are evaluated through final exams, problem sets and assignments and other class activities such as class attendance, presentations, etc. |
|||||||
Title | Weighting | Hours | ECTS | Learning Outcomes |
---|---|---|---|---|
Class Attendance and Problem sets and assignments | 50% | 0 | 0 | 2, 1, 3, 4, 5, 6, 8, 10, 11, 9, 7, 12 |
Final Exams | 50% | 0 | 0 | 2, 1, 3, 4, 5, 6, 8, 10, 11, 9, 7, 12 |
D. Fudenberg and J. Tirole (1991). Game Theory. MIT Press.
R. Gibbons (1992). A Primer in Game Theory. Harvester Wheatsheal.
R. Luce and H. Raiffa (1957). Games and Decisions. Wiley.
A. Mas-Colell, M. Whinston and J. Green (1995). Microeconomic Theory. Oxford University Press.
H. Moulin (1986). Game Theory for the Social Sciences (second edition). New York University Press.
H. Moulin (1988). Axioms of Cooperative Decision Making. Cambridge University Press (Econometric Society Monographs).
R. Myerson (1991). Game Theory: Analysis of Conflict. Harvard University Press.
M.J. Osborne and A. Rubinstein (1994). A Course in Game Theory. MIT Press.
G. Owen (1982). Game Theory (second edition). Academic Press.
M. Shubik (1984). Game Theory in the Social Sciences. MIT Press.
F. Vega-Redondo (2003). Economics and the Theory of Games. Cambridge University Press.
Hayashi (2001) Econometrics, Princeton Univesrity Press.
Cameron and Trivedi, (2005) Microeconometrics: Methods and Applications, Cambridge University Press.
Wooldridge (2002) Econometric Analysis of Cross Section and Panel Data, MIT Press, Cambridge- Mass, USA.
Greene, W.H. (2000) Econometric Analysis, Pearson Prentice Hall.
Cameron, A.C. and P.K. Trivedi, Microeconometrics - Methods and Applications
Davidson, R. and J.G. MacKinnon, Econometric Theory and Methods
Gallant, A.R., An Introduction to Econometric Theory
Hamilton, J.D., Time Series Analysis
Hayashi, F., Econometrics