sida1049
Well-Known Member
- Joined
- Jun 18, 2013
- Messages
- 926
- Gender
- Male
- HSC
- 2015
Hey guys. So I'm completing my HSC this year. I've found that I really enjoy economics, and mathematics (ext. 2) so far in secondary education, so naturally I'm looking to see if I could combine this for my tertiary education.
I'm leaning towards USYD currently (albeit I'm still quite indecisive and volatile). I've noticed that while the economics course is under the arts and social sciences, USYD's Bachelor of Commerce offers economics and econometrics as possible core majors (whereas UNSW doesn't, hence my current preference). Is there much difference in studying economics/econometrics under Bachelor of Commerce, which is under the Business faculty, over studying it under the Arts faculty? Are there beneficial units and opportunities available to me if I am to study under USYD's Business School rather than the Arts?
Furthermore, to my current knowledge (or the lack thereof) econometrics is the integration of mathematical rigour into economic theory and data. So it really does seem like econometrics is the quantitative variant of economics. Does econometrics really simply simultaneously infuse mathematics into economic theory? I'm sure my current view of econometrics is oversimplified and it would be great if someone can elaborate on what econometrics is really about, and its appeals to someone who adores economics and mathematics in high school.
Finally, are the job prospects of an econometrics major positive? While I'm aware that employment for economics graduates are volatile, does the quantitative side of an econometrics major improve one's job prospects over your typical economics major? I also do plan on pursuing postgraduate work within the field of economics/econometrics at this current point in time ("a hundred indecisions and revisions..."), and I sure hope my mathematical appetite will be fulfilled.
Many thanks!
I'm leaning towards USYD currently (albeit I'm still quite indecisive and volatile). I've noticed that while the economics course is under the arts and social sciences, USYD's Bachelor of Commerce offers economics and econometrics as possible core majors (whereas UNSW doesn't, hence my current preference). Is there much difference in studying economics/econometrics under Bachelor of Commerce, which is under the Business faculty, over studying it under the Arts faculty? Are there beneficial units and opportunities available to me if I am to study under USYD's Business School rather than the Arts?
Furthermore, to my current knowledge (or the lack thereof) econometrics is the integration of mathematical rigour into economic theory and data. So it really does seem like econometrics is the quantitative variant of economics. Does econometrics really simply simultaneously infuse mathematics into economic theory? I'm sure my current view of econometrics is oversimplified and it would be great if someone can elaborate on what econometrics is really about, and its appeals to someone who adores economics and mathematics in high school.
Finally, are the job prospects of an econometrics major positive? While I'm aware that employment for economics graduates are volatile, does the quantitative side of an econometrics major improve one's job prospects over your typical economics major? I also do plan on pursuing postgraduate work within the field of economics/econometrics at this current point in time ("a hundred indecisions and revisions..."), and I sure hope my mathematical appetite will be fulfilled.
Many thanks!