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Thread: Econometrics at uni?

  1. #1
    Member Mr Rayon's Avatar
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    Econometrics at uni?

    Hi.

    I was just wondering what sort of math from highschool carries over into econometrics in university?

    Is there much/any algebra/calculus in econometrics or is it more data/statistics?

    How employable is completion of an econometrics major in comparison to a major economics?

    Anyone know?

    Cheers!
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  2. #2
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    Re: Econometrics at uni?

    Quote Originally Posted by Mr Rayon View Post
    I was just wondering what sort of math from highschool carries over into econometrics in university?
    Is there much/any algebra/calculus in econometrics or is it more data/statistics
    At a good university there is a great deal of all that and much more.
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  3. #3
    Member Mr Rayon's Avatar
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    Re: Econometrics at uni?

    Quote Originally Posted by Plato View Post
    At a good university there is a great deal of all that and much more.
    What about for this university?
    https://www.monash.edu/pubs/handbook...ss-statistics/

    Furthermore, which do you guys reckon is more employable, a major in econometrics or a major in economics?
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  4. #4
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    Re: Econometrics at uni?

    First of all, that curriculum does not make you an econometrician. It is, as it says, statistics for business.

    If you are looking for work in the private sector, a college degree in applied statistics is needed only in market research and a few other specialized fields. People hire college graduates with degrees in economics because they assume that such graduates understand something about the general business process and can learn the specifics of almost any job. People hire statisticians only if they a full time need for that speciality and they have a vacancy. By all means take some statistics courses; it is useful stuff to know in business. But I think you would be better off with an economics degree with healthy doses of statistics and accounting.
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