MW 24.2 - Lecture Quantitative Economics - Master's Program in Economics
In summer 2026 the module MW 24.2 will be given by Dr. Maria Polipciuc.Here are Dr. Maria Polipciuc's notes for the course.
The module covers quantitative and empirical methods of economic theory. We discuss methods to explore the psychological and behavioural factors that influence how individuals and groups make choices, interact, and respond to their environment, social norms, incentives, and risk and uncertainty. We also examine how they assess future events and how they value tangible and intangible goods. While we focus on general methods, their application helps us understand the motivations and limitations of sustainable behaviours, such as conservation, waste reduction, and sustainable consumption. Applying these methods also enables the simulation of policy scenarios and the testing of their impact on individual and collective behaviour, providing insights into the potential outcomes and unintended consequences of policy interventions.