Anyone taking econometrics?

[dafatha00]

Bah..this class sucks. Regressors, least squares, heteroscedasticity... ugh, can't wait for this class to be over

 

[Orsorum]

What school do you go to? Are you majoring only in economics or are you doubling in statistics or mathematics as well?

 

[Hector13]

hey, econometrics isn't so bad. Time series stuff is kinda cool and useful (ie, you can get good paying jobs with that crap).

 

[dafatha00]

Originally posted by: Zakath15
What school do you go to? Are you majoring only in economics or are you doubling in statistics or mathematics as well?

I go to UC Davis and majoring in Managerial Economics. For some reason they're making us take this stuff. I'm really not a stats person and I've already had to take 3 stats classes

 

[WinkOsmosis]

econowho?

 

[Orsorum]

Originally posted by: dafatha00

I go to UC Davis and majoring in Managerial Economics. For some reason they're making us take this stuff. I'm really not a stats person and I've already had to take 3 stats classes

I'm an economics/mathematics major, dual BS's (I'm full of it, too 😛). Even a surface understanding of the methods used in generating and analyzing economic data comes in handy. The same with statistics. It's a pain, especially if you are not a mathematics person or a statistics person, but if you can at least survive the course, you're better off than 98% of the general population.

Do you have a particular focus within Managerial Economics (I am not familiar with that major, is it through the business school?)? (finance, analysis, etc?)

 

[dafatha00]

Originally posted by: Zakath15

Originally posted by: dafatha00

I go to UC Davis and majoring in Managerial Economics. For some reason they're making us take this stuff. I'm really not a stats person and I've already had to take 3 stats classes

I'm an economics/mathematics major, dual BS's (I'm full of it, too 😛). Even a surface understanding of the methods used in generating and analyzing economic data comes in handy. The same with statistics. It's a pain, especially if you are not a mathematics person or a statistics person, but if you can at least survive the course, you're better off than 98% of the general population.

Do you have a particular focus within Managerial Economics (I am not familiar with that major, is it through the business school?)? (finance, analysis, etc?)

Actually I do pretty well in Calculus but Stats just isn't my thing. You're doubling in Math and Econ? Wow you're pretty crazy.. 😛 But I digress. You're right. I can already see how econometrics will be useful in the long run, but for now its a pain to learn.

And managerial econ is just a diversified major focusing on whatever business aspect you want to focus on. For instance I'm taking more classes involving securities and corporate law.

 

[dquan97]

I graduated in Managerial Econ in 2001 from UCD. I really dread going to econometrics class at first, but managed to find a study group and do well on the class (C+). Who's teaching the class now?

 

[Spamela]

Originally posted by: dafatha00

Originally posted by: Zakath15
What school do you go to? Are you majoring only in economics or are you doubling in statistics or mathematics as well?

I go to UC Davis and majoring in Managerial Economics. For some reason they're making us take this stuff. I'm really not a stats person and I've already had to take 3 stats classes

"Managerial Economics." - is than econ lite, or something?

i took econometrics & mathematical econ & pwned them both.

 

[dquan97]

Originally posted by: Spamela

Originally posted by: dafatha00

Originally posted by: Zakath15
What school do you go to? Are you majoring only in economics or are you doubling in statistics or mathematics as well?

I go to UC Davis and majoring in Managerial Economics. For some reason they're making us take this stuff. I'm really not a stats person and I've already had to take 3 stats classes

"Managerial Economics." - is than econ lite, or something?

i took econometrics & mathematical econ & pwned them both.

I would call it "Contemporary Economics". Took regular econ classes, as well as personal finance, futures and options, business law, financial management, real estate economics...

 

[dafatha00]

Originally posted by: dquan97

Originally posted by: Spamela

Originally posted by: dafatha00

Originally posted by: Zakath15
What school do you go to? Are you majoring only in economics or are you doubling in statistics or mathematics as well?

I go to UC Davis and majoring in Managerial Economics. For some reason they're making us take this stuff. I'm really not a stats person and I've already had to take 3 stats classes

"Managerial Economics." - is than econ lite, or something?

i took econometrics & mathematical econ & pwned them both.

I would call it "Contemporary Economics". Took regular econ classes, as well as personal finance, futures and options, business law, financial management, real estate economics...

Damn I love business law and financial management 😀

 

[dquan97]

Originally posted by: dafatha00

Originally posted by: dquan97

Originally posted by: Spamela

Originally posted by: dafatha00

Originally posted by: Zakath15
What school do you go to? Are you majoring only in economics or are you doubling in statistics or mathematics as well?

I go to UC Davis and majoring in Managerial Economics. For some reason they're making us take this stuff. I'm really not a stats person and I've already had to take 3 stats classes

"Managerial Economics." - is than econ lite, or something?

i took econometrics & mathematical econ & pwned them both.

I would call it "Contemporary Economics". Took regular econ classes, as well as personal finance, futures and options, business law, financial management, real estate economics...

Damn I love business law and financial management 😀

ARE171A/B with Constantine was pretty interesting. Only reason I went to class was to hear his jokes. Got As in them.

 

[Krugger]

yes. econometrics is the devil. thank god our midterm was takehome, and he changed our final to be takehome as well. econ major here, so it's required. had stats last sem. and econometrics this sem. almost over though. Stata is a pain in my ass, someone needs to just fire up a windows GUI for that already.
-Krugger

 

[Orsorum]

Originally posted by: Krugger
yes. econometrics is the devil. thank god our midterm was takehome, and he changed our final to be takehome as well. econ major here, so it's required. had stats last sem. and econometrics this sem. almost over though. Stata is a pain in my ass, someone needs to just fire up a windows GUI for that already.
-Krugger

They already have, it's called "R". Now if you could figure out a way to port the program and the language to something easy to understand, you'd make millions.

Originally posted by: dquan97

I would call it "Contemporary Economics". Took regular econ classes, as well as personal finance, futures and options, business law, financial management, real estate economics...

Sounds like fun! Something tells me I would enjoy that aspect of economics. I also tend to have more of an eye for that then any mathematical economics (even though I enjoy it). I've done some finance classes - I wish they offered more of those classes here. (at the University of Washington)

Good luck with the rest of the class. Post here or PM me if you need help with anything.

Shalom!

 

[Vernor]

I remember years ago floating through this course an entire sememter, and then suddendly grokking it right before the finals.


It's some of most interesting economics/statistics stuff, when you look at it without the academic pressure...

 

[LeeTJ]

Originally posted by: dafatha00
Bah..this class sucks. Regressors, least squares, heteroscedasticity... ugh, can't wait for this class to be over

econometrics is basically RUINING economics.

Contrary to the belief of all of MIT human behavior cannot be completely predicted by statistics. it can only hope to explain the behavior AFTER the fact.

Economics is NOT a science but is a theoretical attempt at explaining behavior. it's just a branch of Sociology.

btw, i have a masters in Econ, i did a lot of graduate work in econometrics, so i'm not speaking with no experience in the field here.

 

[dquan97]

Originally posted by: LeeTJ

Originally posted by: dafatha00
Bah..this class sucks. Regressors, least squares, heteroscedasticity... ugh, can't wait for this class to be over

econometrics is basically RUINING economics.

Contrary to the belief of all of MIT human behavior cannot be completely predicted by statistics. it can only hope to explain the behavior AFTER the fact.

Economics is NOT a science but is a theoretical attempt at explaining behavior. it's just a branch of Sociology.

btw, i have a masters in Econ, i did a lot of graduate work in econometrics, so i'm not speaking with no experience in the field here.

What's a masters in econ good for? How does it fare compared to an MBA in terms of prestige / more $ ?

 

[LeeTJ]

Originally posted by: dquan97

Originally posted by: LeeTJ

Originally posted by: dafatha00
Bah..this class sucks. Regressors, least squares, heteroscedasticity... ugh, can't wait for this class to be over

econometrics is basically RUINING economics.

Contrary to the belief of all of MIT human behavior cannot be completely predicted by statistics. it can only hope to explain the behavior AFTER the fact.

Economics is NOT a science but is a theoretical attempt at explaining behavior. it's just a branch of Sociology.

btw, i have a masters in Econ, i did a lot of graduate work in econometrics, so i'm not speaking with no experience in the field here.

What's a masters in econ good for? How does it fare compared to an MBA in terms of prestige / more $ ?

it isn't good for jack. masters doesn't mean anything. it's just a fancy bachelors, unless you plan on teaching.

don't matter, i'm working IT anyway.

MBA or BA in accounting is better than econ.

 

[SyahM]

yeahh ... i remember econometrics. I also had a bit of trouble going through the class even though I passed my engineering stats and other statistics classes with ease. It's fun but require a bit work and true the pays in the future is great. Good LucK!