Tools and Methods for Economists 7.5 credits

About the course

The main objective of this course is to give the student a fundamental understanding of methods for economists, theoretical as well as practical. Ethical aspects in research are included.

The methods that are presented during the course may be divided into two parts - mathematics and econometrics. During the first part of the course we discuss and apply concepts and methods in mathematics that are useful for theoretical work within economics as well as econometrics. Examples of such notions and methods are functional forms, systems of equations, logarithms, derivatives and optimization. Then, the course transitions into discussing econometrics where the focus is notions, interpretation and practical usage of the classical regression model (OLS). The econometric tools under discussion are also motivated theoretically.

The main focus is on OLS, but other methods are discussed and applied to handle econometric problems related mainly to types of variable and data. Examples are binary dependent variables and time series data. During the model we work with actual data material and presentation of results.

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Autumn 2025
- Tools and Methods for Economists
  
  Second admissions round for EU/EEA citizens
  
  HT25 / Umeå / English / On site
  
  Show more Show less
  
  Starts
  1 September 2025
  
  Ends
  30 September 2025
  
  Number of credits
  7.5 credits
  
  Type of studies
  On site
  
  Study pace
  100%
  
  Teaching hours
  Daytime
  
  Study location
  Umeå
  
  Language
  English
  
  Application code
  UMU-23009
  
  Eligibility
  Economics A100 or equivalent.
  
  Selection
  
  Academic credits
  
  Application
  Application deadline was 15 April 2025. The application period is closed. Please note: This second application round is intended only for EU/EEA/Swiss citizens.
  
  Application and tuition fees
  As a citizen of a country outside the European Union (EU), the European Economic Area (EEA) or Switzerland, you are required to pay application and tuition fees for studies at Umeå University.
  
  Application fee: SEK 900
  
  Tuition fee, first instalment: SEK 12,075
  
  Total fee: SEK 12,075
  
  Details about tuition, fees and funding
- Tools and Methods for Economists
  
  Offered as a part of a Degree programme
  
  HT25 / Umeå / English / On site
  
  Show more Show less
  
  Starts
  1 September 2025
  
  Ends
  30 September 2025
  
  Number of credits
  7.5 credits
  
  Type of studies
  On site
  
  Study pace
  100%
  
  Teaching hours
  Daytime
  
  Study location
  Umeå
  
  Language
  English
  
  Application code
  UMU-23079
  
  Eligibility
  Economics A100 or equivalent.
  
  Selection
  
  Guaranteed admission for students at VAHEM
  
  Application
  Application deadline was 15 April 2025. The application period is closed.
  
  Application and tuition fees
  As a citizen of a country outside the European Union (EU), the European Economic Area (EEA) or Switzerland, you are required to pay application and tuition fees for studies at Umeå University.
  
  Application fee: SEK 900
  
  Tuition fee, first instalment: SEK 12,075
  
  Total fee: SEK 12,075
  
  Details about tuition, fees and funding

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