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Course profile

Research Methods in Economics (ECON7950)

Study period
Sem 2 2024
Location
St Lucia
Attendance mode
In Person

Course overview

Study period
Semester 2, 2024 (22/07/2024 - 18/11/2024)
Study level
Postgraduate Coursework
Location
St Lucia
Attendance mode
In Person
Units
2
Administrative campus
St Lucia
Coordinating unit
Economics School

This course explains how to conduct basic research in economics. It covers the main steps involved in the research process: development of the research proposal, finding and critically evaluating relevant literature, model development, methods for locating and collecting economic data, analytical methods, and writing mechanics. The course has a strong practical focus.

This course introduces students to practical skills required for conducting economic research. In the first part of this course, we will cover basic research skillsᅠ-- ethics, posing research questions, literature search and evaluation. Next, we will survey research tools addressing causal identification in economic research. The last part of the course is devoted to research communication and collaboration -- presentation, pitching, giving and receiving feedback. Through sharing from industry speakers and workshops on employability, students can develop transferable skillsᅠthat can be applied to both industry and academic contexts. Who says research is only an academic pursuit?


Assessments are scaffolded, starting from an annotated bibliography for the student's own research interests, leading toᅠa research proposal and a reflection on the feedback received on the proposal. For those intending for further academic research, the final research proposal can be used asᅠa stepping stone to Thesis (i.e., ECON7930/31/32), in which the student may carry out their proposed research.


Blended-learning

ECON7950 is a blended-learning course with the following learning activities:ᅠ

  1. Weekly online learning modules on UQ Extend;
  2. 2 -hours in-person, interactive lectures during weeks 1 to 13.
  3. Three workshops: Week 4, week 8, and week 12.

Course requirements

Assumed background

Students are assumed to have backgroundᅠknowledge in microeconomics, macroeconomics and econometrics. Some knowledge in your field of research interests is expected.

Incompatible

You can't enrol in this course if you've already completed the following:

ECON7920 or 7921 or 7922

Course contact

Lecturer

Dr Tina Rampino

School enquiries

Student Enquiries, School of Economics

All enquiries regarding student and academic administration (i.e. non-course content information, e.g., class allocation, timetables, extension to assessment due date, etc.) should be directed to enquiries@economics.uq.edu.au.

Enquiries relating specifically to course content should be directed to the Course Coordinator/Lecturer.

Course staff

Course coordinator

Dr Youngsoo Jang

Tutor

Mr Matthew Oancea

Timetable

The timetable for this course is available on the UQ Public Timetable.

Additional timetable information

Workshop Sign On: Students must select their preferred workshop times as described below. This should be completed before the end of Teaching Week 1.

The timetable is published through the UQ Public Timetable found in the APPs section of myUQ. Students should refer to the timetable prior to the commencement of classes to ensure that they have the up-to-date information, as from time to time late room changes may occur. The timetable can be downloaded here: Public Timetable.

Workshops Information: There will be three workshops in this course, in Week 4, 8 and 12.

Public Holidays: Wed 14 August (Royal Queensland Show), Mon 7 October (King's Birthday).

In-Semester Break: 23 - 29 September. Semester 2 classes recommence Mon 30 September.

Aims and outcomes

The aim of this course is to equip students with the necessary skills ᅠto undertake supervised independent research work ᅠto a professional standard, and in particular,ᅠ to undertaking future thesis work.

Learning outcomes

After successfully completing this course you should be able to:

LO1.

Respect research ethics and apply ethical standards in economic research.

LO2.

Classify, organise and evaluate literature in economics.

LO3.

Develop research ideas and proposals.

LO4.

Communicate research idea effectively to an educated audience.

Assessment

Assessment summary

Category Assessment task Weight Due date
Paper/ Report/ Annotation Annotated Bibliography 35%

22/08/2024 1:00 pm

Paper/ Report/ Annotation Written Proposal 40%

12/09/2024 1:00 pm

Reflection Reflection and Video Proposal 25% (10% + 15%)

7/11/2024 1:00 pm

Assessment details

Annotated Bibliography

Mode
Written
Category
Paper/ Report/ Annotation
Weight
35%
Due date

22/08/2024 1:00 pm

Learning outcomes
L02, L03

Task description

Students are to state their research question and compile an annotated bibliography of no fewer than three (3) bibliographic items in relation to the stated research question. Each item should include:

  1. A full bibliographic citation of the item in APA 7th citation style;
  2. The research question the bibliographic item seeks to answer;
  3. The method(s) the bibliographic item adopts to answer the question stated in 2.;
  4. The contribution of the bibliographic item; and
  5. The student's evaluation and reflection of the item.

A template is provided on the course Blackboard site for students to complete this assessment.

This task has been designed to be challenging, authentic and complex. Whilst students may use AI and/or MT technologies, successful completion of assessment in this course will require students to critically engage in specific contexts and tasks for which artificial intelligence will provide only limited support and guidance.

A failure to reference generative AI use may constitute student misconduct under the Student Code of Conduct.

To pass this assessment, students will be required to demonstrate detailed comprehension of their written submission independent of AI tools.

Submission guidelines

Submit electronically to Turnitin via the course Blackboard site.

Deferral or extension

You may be able to apply for an extension.

The maximum extension allowed is 7 days. Extensions are given in multiples of 24 hours.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Written Proposal

Mode
Written
Category
Paper/ Report/ Annotation
Weight
40%
Due date

12/09/2024 1:00 pm

Learning outcomes
L01, L02, L03, L04

Task description

Building upon their annotated bibliography, students are to to submit their own research proposal in the form of a written research proposal template. In the proposal, students should:

  1. State and classify their research question;
  2. Describe the significance and innovation of their proposal relative to the literature;
  3. Describe the methods they would like to use to answer their question; and
  4. Outline the expected benefits from their proposed research.

This task has been designed to be challenging, authentic and complex. Whilst students may use AI and/or MT technologies, successful completion of assessment in this course will require students to critically engage in specific contexts and tasks for which artificial intelligence will provide only limited support and guidance.

A failure to reference generative AI use may constitute student misconduct under the Student Code of Conduct.

To pass this assessment, students will be required to demonstrate detailed comprehension of their written submission independent of AI tools.

Submission guidelines

Submit electronically to Turnitin via the course Blackboard site.

Deferral or extension

You may be able to apply for an extension.

The maximum extension allowed is 7 days. Extensions are given in multiples of 24 hours.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Reflection and Video Proposal

Mode
Written
Category
Reflection
Weight
25% (10% + 15%)
Due date

7/11/2024 1:00 pm

Learning outcomes
L01, L02, L03, L04

Task description

Reflection (10%)

Students are to reflect upon the feedback on written research proposals (either specifically for their own proposal, or general feedback on the proposals from class, including the feedback at the 3-Minute Proposal Competition), identify one (1) element they would like to change in their previously submitted written proposal, and explain how they would implement the change.

A template will be provided on the Course Blackboard site for students to complete this part of the assessment. This task requires a word limit of 1000 words.

Video Proposal (15%)

Having revised their research proposal with improvements based on their reflection, students will make a 3-minute video pitching their research proposal to a specialised audience.

This task has been designed to be challenging, authentic and complex. Whilst students may use AI and/or MT technologies, successful completion of assessment in this course will require students to critically engage in specific contexts and tasks for which artificial intelligence will provide only limited support and guidance.

A failure to reference generative AI use may constitute student misconduct under the Student Code of Conduct.

To pass this assessment, students will be required to demonstrate detailed comprehension of their written submission independent of AI tools.

Submission guidelines

Reflection: Submit electronically to Turnitin via the course Blackboard site.
Video: Submit electronically to Blackboard Assignment via the course Blackboard site.

Deferral or extension

You may be able to apply for an extension.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Course grading

Full criteria for each grade is available in the Assessment Procedure.

Grade Cut off Percent Description
1 (Low Fail) 0% - 29%

Absence of evidence of achievement of course learning outcomes.

2 (Fail) 30% - 46%

Minimal evidence of achievement of course learning outcomes.

3 (Marginal Fail) 47% - 49%

Demonstrated evidence of developing achievement of course learning outcomes

4 (Pass) 50% - 64%

Demonstrated evidence of functional achievement of course learning outcomes.

5 (Credit) 65% - 74%

Demonstrated evidence of proficient achievement of course learning outcomes.

6 (Distinction) 75% - 84%

Demonstrated evidence of advanced achievement of course learning outcomes.

7 (High Distinction) 85% - 100%

Demonstrated evidence of exceptional achievement of course learning outcomes.

Additional course grading information

A student’s final overall end of semester percentage mark will be rounded to determine their final grade. For example, 64.5% rounds to 65%, while 64.4% rounds to 64%.

Supplementary assessment

Supplementary assessment is available for this course.

Additional assessment information

Plagiarism

The School of Economics is committed to reducing the incidence of plagiarism. Further information on plagiarism and how to avoid an allegation of plagiarism is available in this course profile under Policies & Guidelines. Please refer to the Academic Integrity Module (AIM). It is strongly recommended that you complete the AIM if you have not already done so.

SUBMISSION OF ASSIGNMENTS:

All assignments must be submitted by the due date and time stated in the course profile. For this course, students are required to submit an electronic copy through the relevant submission link on the course Blackboard site.

Learning resources

You'll need the following resources to successfully complete the course. We've indicated below if you need a personal copy of the reading materials or your own item.

Library resources

Find the required and recommended resources for this course on the UQ Library website.

Additional learning resources information

Academic Papers for Discussion

We will discuss a number of academic papers during the course. A list with a reading schedule will be posted on Blackboard, with papers added gradually during the semester. It is important that students read these papers before they are discussed in class.

UQ Library Resources

  • Digital Essentialsᅠ-- There are many modules. Feel free to explore as many as you need.
  • Write, Cite, Submitᅠ-- Part of the Digital Essentials, above. UQ Library's guide on planning assessments, referencing and submitting assessments.
  • APA 7th Referencing guideᅠ-- This course adopts APA 7th referencing style.

Student Services Resources

  • UQ Student Centralᅠoffers a range of student support services, ranging from handling day-to-day student lifeᅠto crisis support. You may find their Study Skillsᅠsupport helpful.

BEL Employability Resources

Learning activities

The learning activities for this course are outlined below. Learn more about the learning outcomes that apply to this course.

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Learning period Activity type Topic
Week 1

(22 Jul - 28 Jul)

Lecture

Lecture 1: Introduction and Research ethics

Introduction to the course. Research ethics in economics.

Learning outcomes: L01

Week 2

(29 Jul - 04 Aug)

Lecture

Lecture 2: Research questions

The what, why and how of research; plus, introducing the 3rd Space Challenge!

Learning outcomes: L02, L03

Week 3

(05 Aug - 11 Aug)

Lecture

Lecture 3: Library Resources

A workshop by UQ Librarians on library resources for conducting research.

Learning outcomes: L01, L02, L03

Week 4

(12 Aug - 18 Aug)

Workshop

Workshop 1: Research question and bibliography

Bring your research question and bibliography for feedback and suggestions.

Learning outcomes: L01, L02, L03, L04

Lecture

Lecture 4: Literature Review

Positioning your research question against the existing literature.

Learning outcomes: L02, L03

Week 5

(19 Aug - 25 Aug)

Lecture

Lecture 5: Randomised Controlled Trials

Randomised controlled trials and economic experiments.

Learning outcomes: L01, L02, L03, L04

Week 6

(26 Aug - 01 Sep)

Lecture

Lecture 6: Causal Identification

Difference-in-difference, Regression discontinuity, Instrumental variables and Propensity score matching.

Learning outcomes: L01, L02, L03, L04

Week 7

(02 Sep - 08 Sep)

Lecture

Lecture 7: Structural estimation and Theory

Structural estimation, Calibration, and Theory research

Learning outcomes: L02, L03, L04

Week 8

(09 Sep - 15 Sep)

Workshop

Workshop 2: Research proposal

Bring your research proposal for feedback and suggestions.

Learning outcomes: L01, L02, L03, L04

Lecture

Lecture 8: Communicating research

Writing and presenting paper

Learning outcomes: L01, L03, L04

Week 9

(16 Sep - 22 Sep)

Lecture

Lecture 9: Research in an Industry Context

Guest lecture by Dr. Sarah Cornell-Farrow (FTI Consulting) on conducting economic research in an industry context.

Learning outcomes: L01, L03, L04

Mid Sem break

(23 Sep - 29 Sep)

No student involvement (Breaks, information)

Mid-semester break

No lecture, workshop or consultation.

Week 10

(30 Sep - 06 Oct)

Lecture

Lecture 10: Finding Research Support

Workshop by UQ Student Services on high-impact communication. Classroom activities on seeking supervision and support.

Learning outcomes: L01, L03, L04

Week 11

(07 Oct - 13 Oct)

No student involvement (Breaks, information)

Public Holiday (King's Birthday)

Monday 07/10 is a public holiday. There will be no lecture on this day.

Week 12

(14 Oct - 20 Oct)

Workshop

Workshop 3: Oral communication

Bring the plan of your 3-minute video to receive feedback and suggestions.

Learning outcomes: L03, L04

Lecture

Lecture 11: Feedback

Giving and receiving feedback on research work.

Learning outcomes: L01, L03, L04

Week 13

(21 Oct - 27 Oct)

Lecture

Lecture 12: Grand Finale

Join us for the 3-minute proposal competition and vote for your favourite contestant! The competition will be followed by a workshop on transferable skills by BEL Careers and Employability.

Learning outcomes: L01, L03, L04

Policies and procedures

University policies and procedures apply to all aspects of student life. As a UQ student, you must comply with University-wide and program-specific requirements, including the:

Learn more about UQ policies on my.UQ and the Policy and Procedure Library.