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Dr Natacha Postel-Vinay SAR 613

and Miss Jennifer Kohler

This course is available on the MSc in Economic History, MSc in Economic History (Research), MSc in Global Economic History (Erasmus Mundus) and MSc in Political Economy of Late Development. This course is available with permission as an outside option to students on other programmes where regulations permit.

Students enrolled for this course are expected to have completed at least introductory undergraduate courses in statistics and/or econometrics and economic theory. The course will begin with a revision of the main quantitative approaches but will not provide a comprehensive training in econometric methods or computer applications.

Please note: EH426L cannot be taken with EH426M.

The course will provide an overview of quantitative approaches in economic history mainly using cross-section and panel data. The course will examine the use of quantitative techniques through practical exercises and critical discussion of their application in recent literature.  Techniques discussed will include multiple regression analysis, regression diagnostics, instrumental variables, limited dependent variables, sample selection corrections, and panel data analysis. The course is organised on a topic basis, with subjects chosen to illustrate particular theoretical, quantitative and methodological issues.s.

20 hours of seminars in the LT.

Students on this course will have a reading week in Week 6, in line with departmental policy

Students are expected to write one essay or equivalent pieces of written work.

There is no mandatory textbook for this course, but the brief overview of quantitative methods during the first four weeks will follow:

• Wooldridge, J.M. (2009), Introductory Econometrics: A Modern Approach, International Student Edition.

Useful background readings include:

• J.L. Van Zanden, The Long Road to the Industrial Revolution: The European Economy in a Global Perspective, 1000-1800 (Leiden, 2009);
• K.H. O'Rourke and J.G. Williamson, Globalization and History: The Evolution of a Nineteenth-Century Atlantic Economy (Cambridge MA, 1998);
• C. Goldin and L.F. Katz, The race between education and technology (Cambridge, MA, 2008);
• D. Greasley and L. Oxley (eds.), Economics and History: Surveys in Cliometrics (Oxford, 2011).6).

Essay (100%, 5000 words).