ECONOMICS & STATISTICS
1/ Explain the research problem in the context of causal explanation (what would be genetic causal explanation vs functional and counterfactual explanation? Think about the possibility of mental experiment.
2/ Develop the experimental or quasi-experimental research plan in order to establish cause-effect relationship between focal independent (instruments)and focal dependent variables (outcomes). What types of confounding variables should be constrolled.
3/Show graphically the relationships among variables that are explicated in the text. What is/are independent, dependent, moderator, mediator and confounding variables.