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ECON0004 Applied Economics

Python Empirical Project Marking Criteria

1. Introduction

•    How well has the group explained the context of the research?

•    How clearly has the group explained the sample selection?

2. Data

•    How clearly has the group explained how the dependent, the key independent variable and control variables are measured?

•    How efectively has the group presented and used the summary statistics and scatter plot to support the analysis?

3. Regression analysis

•    How clearly has the group explained the setup of their regression(s)?

•    How well has the group discussed their regression results, including

interpretation of coeficient signs, magnitudes and statistical significance, R2 and the underlying economic reasoning?

4. Limitations

•    Has the group identified relevant limitations of their analysis?

•    How insightful and well-reasoned is the discussion of these limitations?

5. Conclusion

•    Has the group drawn the main conclusion in line with the instructions?

•    Is the conclusion precise, concise, and efective in summarising the key findings?

6. Exposition and references

•    How clear, coherent, and well-structured is the writing and overall presentation?

•    Has the group used appropriate referencing and acknowledged the use of AI where applicable, following the guidelines?