/r/academiceconomics

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Unofficial discord: https://discord.gg/4qEc2yp

A subreddit to discuss models, techniques, econometric methods, and general academic discourse.

HOMEWORK/TERM PAPER POSTS NOW BELONG IN r/econhw

For more general economic discussion, recent economic news, etc, please visit r/Economics.

If you're looking for advice on how or where to apply for grad school, you're welcome to ask; however, there are many well maintained and helpful sites dedicated to grad school applications.

A few to get you started:

Test Magic Forums

Profile analysis by university, and school rankings by flyout

If you would like "Flair" to represent your field of interest, PM BorderedHessian.

IRC If you are bored enough irc.snoonet.org #academiceconomics

Links for critics of economics: (Credits to SpaceToad)

Micro consistencies and biases in Capuchin monkeys

Microeconomics and experimental evidence

Progress in empirical economics

Progress in financial economics

Economics and rationality

Criticism of Steven Keen's criticism of economics

Experimental evidence consistent with rational choice theory

Is economics a science?

Chris Sims on DSGE

Kocherlakota on the state of macroeconomics

Mankiw's advice for first time lecturers

DATA LINKS

Panel Study of Income Dynamics

Census Data- Factfinder

/r/academiceconomics

25,625 Subscribers

0

Can anybody help me on microeconomics?

I need to Find the marshallian demands for this utility función: u(x1,x2)= mín(x1,2x2,4)

1 Comment
2025/01/31
15:15 UTC

0

How to write a personal statement for a graduate thesis award?

I am submitting my Masters thesis for a external award which asks for a personal statement on how my thesis is related to the award goals and so on. I could not find much info on any personal statements that are tailored for any award. Any help/resource with this? Thanks in advance

0 Comments
2025/01/31
11:03 UTC

1

Real Analysis at an unknown school vs UIUC 447 via netmath

Is there a meaningful difference in how either would be received by schools?

2 Comments
2025/01/31
09:01 UTC

21

Somebody help me with Real Analysis

How does any of this make sense? I feel like someone made this stuff up and now we have to be part of their make believe world.

Does anyone have any sources that teaches me proof construction and how to tackle these problems like I’m 5? Because rn all it feels like is using complex language to prove the most basic stuff. I can replicate the proofs but I would have never thought to do it this way.

1 month into my Analysis course and I will never complain about statistical proofs ever again.

25 Comments
2025/01/31
04:10 UTC

4

Predocs in urban economics?

Math major interested in cities and I wonder where are the best places to look for the above. Thanks.

2 Comments
2025/01/30
22:53 UTC

0

Which is more competitive for summer RA position? Bank of Canada or USA fed?

Title.

2 Comments
2025/01/30
21:11 UTC

10

Econ major advice - love it but bad at it

Looking for advice on my major or alternatives. I love the Econ major (especially the financial sector: bonds, stocks, monetary policy, etc) but I am not good at it. I've failed micro and am currently retaking it (with the new professor and class set up, the class has become easier for me to understand, got a 94 on my first quiz and avg low 80s on my hw, but I am still behind the class) I passed macro with the help of a curve. But I can only imagine it will get harder from here, since I am already behind in My course load, I will be having to take 2-3 intermediate Econ classes a semester and math isn't my strong suit. Would love to go to the business major but my school has gpa requirements for that and mine is horrible after reciving an f.

Looking for advice on majors that are similar to Econ, super interested in corp management career wise . History and writing tends to be my strong suit and was considering a philosophy, politics and law major but I just don't know how that would fit into my career aspiration. Pls help if you can!

4 Comments
2025/01/30
18:20 UTC

0

Skills

I am doing my PhD( india) but the school is not so good, can u suggest me what to do that make stand apart in job market. Also I am looking for analyst roles in market. Give some suggestions

0 Comments
2025/01/30
17:22 UTC

0

Best Universities to pursue econ major

Hey there,I'm a student from India and i wish to study abroad preferably a European Country.
Could you guys please suggest some top universities of the world giving the best knowledge about economics.

Help will be appreciated.
Thank You :)

9 Comments
2025/01/30
15:05 UTC

2

Waiting for a Predoc

After graduating last summer (June) from a European university, I was supposed to enter an American Predoc. However due to Visa issues the timeline to begin has been pushed from October to February and now hopefully May.

My question is waiting for a Predoc for this long worth it, potentially not knowing how much longer I have to wait? My goal is to eventually complete an Econ PhD, and the Predoc was a great step towards this. But the uncertainty and delays has got me questioning whether waiting this long for a Predoc is stopping me from discovering other opportunities like masters - and becoming rusty in maths and econ...

I would appreciate if anyone who has been in a similar situation can lend some advice, or if someone can point me towards some alternative pathways and ways to proceed from this situation.

Thanks in advance

0 Comments
2025/01/30
12:02 UTC

0

Looking for Help with Economics Homework?

I had an important economics assignment due tonight, and I panicked when I realized the final deadline was approaching within a few hours with no extension possible. Thankfully, a friend recommended TutorBin, and I signed up. Thanks to their Homework Helper, I received my assignment two hours before the submission deadline. Instead of stressing out, it's better to reach out for help with economics homework from this site. You’ll be in great hands!

0 Comments
2025/01/30
06:47 UTC

20

Can you be an economist with an MSc Economics?

I was accepted to the London School of Economics for the MSc Econ program. I’m wondering if I made a mistake applying for this rather than into a PhD program, and if I’ll be able to get a job as an economist with the master’s degree. I don’t aim to work in academia, but would like to work in US government. I’m aware of the reputation of terminal master’s as a cash cow for universities, but it just seems like a better choice for myself at the moment.

18 Comments
2025/01/30
02:39 UTC

1

Book Club Suggestions

Hi,

I'm considering starting an economics book club on campus - I would sincerely appreciate any book suggestions which can be of interest to both graduate and undergraduates. What do you think? Would an economics book club be a good idea, or is the time better spent studying?

3 Comments
2025/01/30
02:14 UTC

11

Trump hiring freeze at the Fed?

Starting a job at the Fed in the summer and now I’m worried. Does anyone know if the Trump hiring freeze affects the Fed?

6 Comments
2025/01/29
22:33 UTC

2

Should I get a 4th referee for my masters application?

Hi ya, I'm looking to submit my Oxford application but am thinking about getting a 4th referee to submit a letter. She's gonna need 2 weeks to submit realistically since its the Chinese New Year break now.

A bit more background: She's my Econometrics professor and I got an A in her class.

2 Comments
2025/01/29
15:21 UTC

2

degree in applied economics but want a job in finance

hi all!

I have 4 years of experience in finance sector in management position but not directly in finance position. my undergrad was in economics and now started doing graduate study in applied economics. I am doing masters in ae only because I literally didn't get admission in finance degree programme in any good school. But ultimately I want to have a career in finance. its my first semester so please suggest me what all I can do to get the job in finance?

p.s.: I checked profiles of those from ae and they are mostly getting jobs in public sector or in egos. the jobs I want mostly have an MSc in finance.

5 Comments
2025/01/29
06:48 UTC

5

Job-Searching Advice

I'm a U.S. citizen who earned a bachelor's degree with a double major in math and economics in spring 2023. I was interested in ultimately getting a PhD in economics, but in my senior year, I could not line up a job as a research assistant/pre-doc.

In reflection, I believe I made several job-searching mistakes: I didn't get any internship experience (just a summer RAship with an old professor), I failed to notice a lot of employers (like think tanks and government agencies) that were hiring until after the deadlines, and I was bad at job interviews since I am generally socially awkward and did not practice enough.

I ended up entering a master’s program in economics the next fall (fall 2023), which I will finish this semester. I've taken a bunch of PhD-level courses and gotten some more research experience with a professor. This fall/winter, I applied to PhD programs and I already have one acceptance offer from a school that is ranked about 50^(th) by the U.S. News and World Report, which may even come with an extra fellowship on top of the basic stipend. I am waiting to hear from several higher-ranked programs.

However, while I think I would succeed in a PhD program and eventually get a job I liked, I also think I’d rather spend some time in the workforce beforehand if I could find a related job. If nothing else, I would like to get some experience outside of school and to save some money to help get by as a PhD student. I also know that working at a place like the Fed might make me a more competitive applicant if I reapplied to PhD programs in a few years. I only applied to PhD programs this year because I had low confidence in my ability to find a good job. So far, I haven’t had any luck with economic consulting, the federal government, or think tanks.

This has made me think about data analysis/data science. I’ve heard that some math/econ majors can get jobs there, but most of the openings that I’ve seen after some quick searches seem to want some sort of programming skill that I don’t have (I know STATA, R, Python, and MATLAB), some previous work experience, or demonstrated interest in finance (which I don’t have). I have three questions.

  1. Are my reasons for preferring a job to a PhD (in the short run) well-founded?

  2. Would I be likely to find a job in data analysis/data science before I graduate in May?

  3. Do you know of any jobs that are more econ-related that are still hiring?

I’m happy to provide clarification on anything.

8 Comments
2025/01/28
21:37 UTC

14

Unusual student interested in Econ Grad School

Hey all! I’m currently in my second year at a middling big10 in-state university in the US, and have been studying economics for only about a year. I’ve mainly focused on International Studies and Chinese, but have really enjoyed econ and will get a BA in it too.

I’ve never studied econ before and I’ve been really surprised by my interest in it honestly and am thinking I’d enjoy economics further. I’ve read a book or two on the subject this year outside of class, loved them, and I’m lightly thinking about a masters or something maybe but is this unrealistic?

Majors: Econ (BA), International Studies, Chinese

Econ GPA 4.0 but got an A- in the only math class I’ve taken and am required to take (intro to calc basically)

3.98 regular GPA

Haven’t really done any research since I’m kinda still starting out, and it’s not going to really be a very quantitative major (I could do a more quantitative econ BS but it would be too many more classes to where I wouldn’t get the other degrees but ig I could sacrifice one lmao).

TLDR: undergrad who hasn’t rly dedicated life to econ and math yet but is maybe wanting to do masters cause thinks it’s super interesting!!! Rip me to shreds if necessary it’s no big deal, I’m just curious about it and want answers!!!

16 Comments
2025/01/28
18:19 UTC

0

How Legit is This Response? A Reality Check!

3 Comments
2025/01/28
07:56 UTC

5

Should I read textbooks/papers while doing a Masters in Quant Economics?

I am doing a master's in economics and am interested in econometrics and ML. I've been having an internal conflict, thinking about whether I should read the recommended textbooks or find applicable textbooks. I'm skeptical that textbooks are worth the money, and I want to know if you think reading literature is helpful. Overall, I'm envious of professors and PHD students who seem to have foundational econometrics/economics memorized like the back of their hands and wonder if that's because they read or because the higher level of courses forces them to understand. I can achieve good grades and have even been placed in an advanced track within my program but also feel if I were to be tested I would fail. Do you think that resourcing theory from ChatGpt instead of reading books is hurtful?

12 Comments
2025/01/27
22:58 UTC

1

textbook for behavioral?

hi! I am taking an undergrad behavioral econ and the class uses A Course in Behavior Economics, Erik Angner.

I found the textbook confusing in the sense that I would like a textbook with either more hardcore proofs and explanations or a textbook that is much more straightforward and applied. This particular one sits right between my preferences and I find it a bit annoyed.

Curious about what people have used or recommend for behavioral econ. Thanks a lot!

2 Comments
2025/01/27
21:12 UTC

13

Which college/course for Master’s in Economics

Hey guys! I have applied to certain master’s in economics programs and I wanted to get some opinion from the sub to have an understanding of which college to choose. The programs are as follows:

  1. APE at Paris School of Economics
  2. PPD at Paris School of Economics
  3. Applied Economics and Management at Cornell University (SC Johnson Business School)
  4. MA in Applied Economics at National University of Singapore
  5. Master’s in Economics at Sciences Po
  6. Master’s in Economics at Barcelona School of Economics

I’m not considering cost as of now cuz I’ll probably have to take a loan for any of the colleges unless i get full tuition off and stipend for COL which is impossible. Ofc I might consider cheaper options to reduce the loan stress but as of now I wanted to know which would be the best college to pursue a master’s from keeping in mind the following criteria:

Criteria: course structure, rigour, faculty reputation, opportunity to work as an RA, job prospects and an prepare me for a PhD

Career prospects after master’s: not sure if i want to pursue a PhD or not but want to keep the door open. As of now I want to work in a research oriented job working with data and socioeconomic issues.

Thank you so much for your time and inputs. Very helpful!!

22 Comments
2025/01/27
20:20 UTC

5

Msc in Economic Development

Hello! I'm a last year bachelor student in International Trade and I am interested in a career in economic/global development. I already applied for a Msc in Economic growth at Lund University and I am applying to a msc in global development in Copenaghen. I was wondering what other good university and program are you applying to, I'm only considering EU countries. Thanks!

3 Comments
2025/01/27
17:12 UTC

5

Grad practice questions w/ answers for Theoretical Econometrics

My uni doesn't release the answers to past papers. Does anyone know if there are any masters/first year PhD metrics practice questions online (with answers)? Ideally relating to the following topics:

  • Linear Regression
  • Instrumental Variables
  • Generalized Method of Moments
  • Maximum Likelihood
  • Limited Dependent Variables (discrete choice, censored regression, selection)
  • Time Series (AR models, ARDL/ECM models, unit roots and co integration)
  • Panel Data (fixed effects, random effects, dynamic models)

I've looked but couldn't find anything so any help would be massively appreciated. Difficulty level is roughly Hansen's Econometrics textbook.

Edit: tried MIT opencourseware but there were no solutions for the problem sets, either on OCW or elsewhere that I could see

3 Comments
2025/01/27
12:12 UTC

0

The Marginal Net Taxation of Americans’ Labor Supply | Hoover Institution

0 Comments
2025/01/27
10:04 UTC

0

I want to do a master in Economics. I am doing a B.Com

So I am doing a B.com degree in a College in Bangalore, India. But what I truely am interested in is Economics. I have a year left with my B.Com degree.

I wanted to know what it would take to be accepted, if possible, for a Master in Economics.

Bonus question, would it be possible to do one abroad?

I appreciate any input. I'm trying to turn things around in my life. So I need all the help I can get to be ready in a year.

21 Comments
2025/01/27
07:27 UTC

3

How much do Letters of Recommendation really impact Grad School Applications?

Hi everyone, so I’ve applied to a few master’s programs in Agricultural Economics for US, but I’m feeling a bit anxious about my letters of recommendation. They have literally been a mess. Only a few professors are from the Ag Econ department,most others aren’t—my thesis advisor is from Plant Pathology, and some are from Horticulture and Agronomy. I sent them drafts of LOR myself, but I’m not sure how much of efforts they have put in to make sure the LOR are uploaded correctly or acc to how it should be. I'm doubtful if some of them have even used official letterheads. How big of a problem do you think this might be for my applications? Could this hurt my chances?

10 Comments
2025/01/27
06:07 UTC

9

Which Econ Masters courses I can target with a Non Econ background

I have a masters in Development Studies and minor in Economics. I've taken courses like micro, macro econ, maths for econ, stats, econometrics etc. but all of them were at an introductory level. I've studied maths, econ and stats at the high school level as well. I'm familiar w linear algebra, calculus etc.

I want to pursue a masters in Econ, especially in the UK and/or Europe. But I don't seem to meet the entry requirements for most Econ masters programmes. They demand a strong background in maths, stats and courses on intermediate micro and macro econ.

I'm quite disheartened that I might not be able to pursue a course of my interest. Which econ courses can I target given my academic background?

I have worked as a research assistant and an impact evaluation specialist since graduation, workong mostly in the field of climate change and sustainable development. I know how to use STATA, R etc. I enjoy the quant side of things and I really want to study econ. Are there any programmes I could be targeting?

I'll appreciate any and all help.

Thanks!

3 Comments
2025/01/27
01:27 UTC

2

Institutional Economics Reading

Hello all,

Looking to read up on IE but coming in as more of a Poli Sci/ Pol Theory background and (while I don't mind) I'm having trouble sorting higher level theses from book recommendations that might just be pages of analytical frameworks beyond my educational background. Any recs?

1 Comment
2025/01/27
00:20 UTC

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