P000171, Introduction to Machine Learning in Agricultural Economics, 3.5 Hp
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Syllabus
Finalized by: Jens Rommel, 2026-02-03
Valid from : First half-year 2026 (2026-01-01)
Level
Third cycle
Subject
Other social science
Grading Scale
The grade requirements within the course grading system are set out in specific criteria. These criteria must be available by the course start at the latest.
Course language
English
Entry Requirements
Ongoing PhD studies in social sciences/ business studies/ economics (interested students in related fields are subject to agreement). Students should have basic knowledge of programming language (R/ Python). No prior knowledge of ML required.
Objectives
After successfully participating in the course, students will be able to
- Have a general understanding of the possibilities and limitations of Machine Learning and understand core principles as well as difference between ML and Econometrics
- Have a theoretical and applied knowledge of common ML algorithms
- Recognize relevant areas of application and understand differences in applicability across algorithms (No free lunch theorem)
- Understand key evaluation methods and critically assess application cases and outcomes
- Use and apply structured and unstructured data sources, identify relevant data sources
Content
- Key methods in ML and their application: supervised, unsupervised, and deep learning
- Practical applications and recent advances for causal and predictive empirical research
- Data analytics of heterogenous sources of data
Examination Formats and Requirements for Passing the Course
- Students actively participate in the course and contribute to discussions during the course
- Students conceptualize an application case and prepare a short presentation that they will pitch at the end of the course
- Students write a course paper that applies methods and good practices introduced in the course
- Students submit the script of the data analysis underling the course paper
Responsible Department/Equivalent
Department of Economics
Supplementary information
Other Information
This course is part of the research school People, Society and Sustainability, a joined research school between the Department of Economics and the Department of Urban and Rural Development.
Preparation
- Familiarize yourself with R/Python
- Read the papers and the introduction chapters of the books of the literature list
- To be adjusted