Introduction to Econometrics
Econometrics is something towards which many people have mixed feelings: both fear and respect. If you want to get a degree in economics, however, there is no way you can get away without studying econometrics on some level; and if you want to become a great economist you will have to master it: to build models, run regressions and (hopefully) predict the future. The economics profession has been blamed for failing to predict the global financial crisis, but as econometrics is considered to be one of the core disciplines to help prevent a recurrence in the future, we have collected a number of useful links for online learning and self-improvement in this field.
1) Learn the basics of Econometrics with Mark Thoma, Professor of Economics at the University of Oregon. You can find his recorded lectures on YouTube.
2) A selection of the best articles about a widely spread software R and its application to your research you can read at “R-bloggers”.
3) Econometrics by Simulation is dedicated to simulations in both Stata and R and maintained by a PhD student of the Michigan State University.
4) The blog “Coffee and Econometrics in the Morning” with its basic commands explanations and video tutorials about R might be very helpful for the beginners.
5) Check out “Econometrics Beat” – the blog of Dave Giles, professor in Econometrics. Here you can find recommendations on which current papers in econometrics to read, as well as some useful information on how to cope with EViews and hints regarding Regression Models.
6) A less scientific but very creative approach to econometrics can be found in “Guy’s Econometrics Blog”.
7) If you are looking for ways to understand applied econometrics and quantitative methods better, have a look at the materials in Econometric Sense.
8 ) Timberlake Consultants, has organized two Econometrics Summer Schools, one in Oxford (UK) and another in Cambridge (UK) this July. This is a good opportunity to expand your econometrics skills and learn from the leading professors in the field.
9) If you consider yourself a profound Econometrician already and want to share your knowledge with the world as well as to discuss the present achievements and the future challenges of the discipline, you can participate in the “Spatial Econometrics Association VII World Conference” taking place in Washington DC on July 10-12, 2013.
Image Credit: Robert Shaw
- Corona Live Feed
How the Coronavirus is Affecting Economics
15:00 8 June 2020 As some countries begin to loosen their lockdowns to varying degrees of success, many universities are still playing it on the safe side. The University of Surey, for example, has moved its CIMS summer school course online. This will be from the 7th to 12th of September 2020.
- Making Money With Your Degree
High-Salary Career Options for Economists
Before you start considering what crazy lucrative job you are going to get with your economics degree, consider this fact: a lot of rich people don’t like their money. Many complain about not knowing what to do with it all, yet simultaneously having huge anxiety they’ll lose it. They moan about their friends treating them like walking bank accounts, being judged for not looking the part, and no longer being able to visit - how to put it delicately? - less refined establishments.
- A Discriminatory Pandemic
The Racial Inequalities of COVID-19
Dubbed ‘the great equalizer’ at its outset, COVID-19 has often been described as picking its victims at random. Blind to race, ethnicity, and gender, it sees just a human body, a host that enables it to do what all pathogens are programmed to do: spread. While this, from a biological perspective, may be true, the disease’s sweep of the globe has been anything but equalising. Data from both the US and UK - who along with Brazil compete for the honour of worst pandemic response - show that in terms of cases and deaths, minorities are hugely overrepresented.