Advice on studying Econometrics

linear algebra and statistics, right?

>>9132198
Yeah, do exercises. A lot. There's a lot of tests you have to memorise too, luckily we were permitted to have a small handbook detailing them though.

Gonna hijack this thread, what are the best economic textbooks?
Thinking of getting Alain Andertons book and Mankiws

>>9132199
Yes, both subjects are very important in this study.

>>9132213
I am planning to do that. What kind of information was in that handbook?

>>9132220
M8, don't hijack this. Dunno about Andertons, but Mankiws book about Macroeconomics is great imo. I read the book during a period of self study this year. It is simple and straightforwarded, which makes it great.

>>9132220
Economics by Samuelson & Nordhaus

>>9132265
When I say small, it had 150 pages to it. It had the chi-squared, Student's t-distribution and normal distribution tables, Hypothesis testing formulas, heteroskedasticy, multicollinearity, lineral, logarithmic, exponential models etc...

It didn't help you squat if you didn't do exercises though, because you had to know from experience on what page a certain formula for something was and you needed to explain through words to what conclusion the result was pointing. My advice to you is to take the class seriously and review the material each week at bare minimum and you should do fine.

>>9132198
Try to read about analoge fields (Chemometrics, Biometrics, Psychometrics) too, because IMO Econometrics is the most primitive among these.

>>9132198
Why not applied math and focus on econ with your thesis. It's much better if you want to work for big names.

>>9132265
>>9132345

Thank you guys, the dumbnuts at /biz had no idea

>>9133276
I haven't seen a good economic debate on /biz/ since cryptos have been in surge and even those were rare.

>>9132198

pseudoscience, you can't predict human behaviour

>>9134436
You can't predict a single molecule's trajectory but that doesn't stop you from knowing a pot will get hotter on a red stove.

>>9134451

Humans aren't passive like molecules, they can act independent of external stimulus.

>>9132198
Where are you from?

>>9132548
This

>>9132198

Bump

I am a Finance student who's interested in learning a lot more about Economics (as an additional skill to add to my resume.) I'd be very interested in additional study material/additional skills to attain to better market myself.

>>9134387
/this

>>9134480
Humans reactions are based on incentives.
Econometrics is up and running in banks etc.
Stay pleb.

File: 1477933534008.jpg (32KB, 335x500px) Image search: [Google]

32KB, 335x500px

I found a lot of interesting nuggets of insights in this.

>>9136301
You're better off learning how to code m8. Automation is just around the corner and it's better to be the one doing the automating than being automated.

>>9132220
http://4chan-science.wikia.com/wiki/Economics_Textbook_Recommendations