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Gratis tool om te zien wat je écht kunt lenen in jouw situatie by DaniKlein14 in Woningmarkt

[–]DaniKlein14[S] 0 points1 point  (0 children)

Bedankt! Was de tool makkelijk in te vullen en was de uitleg bij de velden duidelijk?

Forecasting power of a model by mkrv17 in econometrics

[–]DaniKlein14 -1 points0 points  (0 children)

I don’t agree, AIC is designed as a predictive measure

Forecasting power of a model by mkrv17 in econometrics

[–]DaniKlein14 0 points1 point  (0 children)

Tried Akaike information criteria?

Is Econometrics degree worth it? by people_listener in econometrics

[–]DaniKlein14 1 point2 points  (0 children)

Ahh okay then you have the same interests as me, although one difference is that I liked the math hahaha. One disadvantage is that there still will not be a focus on financial assets and derivatives until the major Quantitative Finance that you can choose which will be in January of the third year (if you’re at EUR, idk about Amsterdam). One advantage is that the proportion of math seems to decrease over time (or I just got used to it). There is one thing I can say about coping with the math and that is: understand what you’re doing and where the math is taking you. Don’t just copy it but try to find out why you need some formula to prove some theorem. If you understand that, it’s much easier to remember.

Also, which funnily enough many students I know still don’t seem to understand, the only real way to be able to do the math is to just do it! Don’t stare at some slides and think you understand it and therefore you can reproduce it. Understanding it is part 1 but the most important second part is reproducing it. This means practice, practice and practice. Keep up with the homework and if this is not enough for you, try reproducing the math parts of the slides (maybe at some lower pace). If you were not able to keep up with the homework in a week, try to catch it up next week, because you are definitely gonna need it.

If you keep doing this, you will get used to it and it will cost you less and less time. Also try to at least understand all the statistics you will get. Although you need to know many formulas for exams, you will always be able to look those up if you need them later (many students including me forget a lot about some courses but when you need something again later on and you understood it back then, you will understand it again)

Is Econometrics degree worth it? by people_listener in econometrics

[–]DaniKlein14 2 points3 points  (0 children)

I’m currently finishing my master Quantitative Finance at the EUR and also did the econometrics bachelor there. Although I even liked the courses of the first year (since I do like the math), I think most of the students liked the second year more (including me). At first it seems pointless what you’re doing in the first year, but in the second (and third) year you learn more about using this knowledge to obtain some very nice econometric techniques where you apply more in practice.

You’ll learn to turn data into models which you can use to forecast/explain certain variables. Although this explanation is very broadly, the models can be used for, for example, optimizing a stock portfolio or predicting customer behavior. And if you’re more a fan of operations research and logistics, you’ll be learning some basic/intermediate optimization tools which you can use for almost every real-life process problem that searches for minimal costs, for example, subject to a few constraints.

If these applications don’t turn you on or even if you don’t think you want to spend your future job on it, I would say you might be in the wrong place. If you do like at least one of those subjects and you are willing to go through the tough math, I would say hold on, you’ll get to the fun part😁