Mini-Course: Introduction to Impact Evaluation and Cost-Benefit Analysis

During the 44th National Economics Encounter, promoted by the National Association of Economics Post-Graduate Centers (ANPEC), FGV/EESP Clear will offer a mini-course aimed at undergraduate economics students, offering them a first contact with causal effect estimation.

The course, comprised of two 90-minute classes, intends to introduce impact evaluation theory and cost-benefit analysis. Initially, we’ll discuss the concepts of causality and selection bias using the potential outcomes framework (Rubin causal model). The main econometric methods for impact estimation will be presented, including Experiments, Selection on Observables, Difference in Differences, Instrumental Variables and Regression Discontinuity. An introduction to cost-effectiveness and cost-benefit analyses will close the course.