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Integrating econometrics: A modern undergraduate economics capstone experience

Author

Listed:
  • Brooke Conaway
  • Christopher Clark
  • J. J. Arias
  • Jessie Folk

Abstract

Angrist and Pischke (2017) call for a pedagogical paradigm shift by pointing out that econometrics courses often do not align with modern empirical approaches employed by economists. This article's authors propose a modern capstone experience, designed to address these concerns by integrating econometrics into the traditional capstone approach. They couple a full econometrics course with a traditional capstone course by weaving a cohesive econometrics-heavy research paper through the two courses. They feel this approach addresses the lack of econometrics skills among economics majors while simultaneously making some necessary improvements to undergraduate econometrics content. They hope this article will be a valuable resource for programs changing course requirements or revamping their curriculum to better fit the increasing demand for data analysis skills in the job market.

Suggested Citation

  • Brooke Conaway & Christopher Clark & J. J. Arias & Jessie Folk, 2018. "Integrating econometrics: A modern undergraduate economics capstone experience," The Journal of Economic Education, Taylor & Francis Journals, vol. 49(3), pages 260-270, July.
    • Handle: RePEc:taf:jeduce:v:49:y:2018:i:3:p:260-270
    DOI: 10.1080/00220485.2018.1464986
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    Cited by:

    1. Marketa Halova Wolfe, 2023. "Incorporating Racial Justice Topics into an Econometrics Course," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 49(3), pages 312-327, June.
    2. Cladera, Magdalena, 2021. "Assessing the attitudes of economics students towards econometrics," International Review of Economics Education, Elsevier, vol. 37(C).
    3. Andre R. Neveu & Angela M. Smith, 2023. "Engaging Students, Faculty, and External Professionals with a Data-Centered Group Capstone Project," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 49(3), pages 408-432, June.
    4. Depro, Brooks & Rouse, Kathryn, 2022. "Adapting the case method in an economics capstone research course," International Review of Economics Education, Elsevier, vol. 41(C).

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