Sponsored Ad:
Results 1 to 6 of 6

Thread: Need advice on which math electives to take for Ph.D. prep

  1. #1
    Trying to make mom and pop proud
    Join Date
    Dec 2016
    Posts
    6
    Rep Power
    2


    Good post? Yes | No

    Need advice on which math electives to take for Ph.D. prep

    Sponsored Ad:
    Hi,

    I am trying to decide on which undergrad math courses to take for PhD econ.

    I have three classes in mind: probability, stat inference, and stochastic op research.

    Ideally, I would take all, but I'd need to drop one. I've been thinking that probability is the most important one out of them, but it's with a notoriously bad professor.

    So, my heart tells me that i should drop probability, but I am not sure how important it is to have probability on the list of classes I took in undergrad.

    Any advice/opinion on this? Thanks in advance!

  2. #2
    Eager!
    Join Date
    Nov 2017
    Posts
    37
    Rep Power
    1


    Good post? Yes | No

    Re: Need advice on which math electives to take for Ph.D. prep

    None of the courses you've mentioned are maths, unless your probability classes are measure theoretic. Any of these classes should be fine, and perhaps none of them are really fundamental apart from inference.

  3. #3
    Trying to make mom and pop proud
    Join Date
    Dec 2017
    Posts
    3
    Rep Power
    1


    Good post? Yes | No

    Re: Need advice on which math electives to take for Ph.D. prep

    Probability > stat inference >>>>> stochastic op research.

    I was told by multiple economists to become intimately familiar with probability and statistics (e.g., Bayes, distributions and moments, maximum likelihood, CLT, MSE).

  4. #4
    Eager!
    Join Date
    Nov 2017
    Posts
    37
    Rep Power
    1


    Good post? Yes | No

    Re: Need advice on which math electives to take for Ph.D. prep

    Quote Originally Posted by AppliedMicro92 View Post
    Probability > stat inference >>>>> stochastic op research.

    I was told by multiple economists to become intimately familiar with probability and statistics (e.g., Bayes, distributions and moments, maximum likelihood, CLT, MSE).
    You're very wrong in discrediting stochastic OR. Depending on syllabus, it might include Markov chains and processes, Poisson processes etc, which are quite crucial and often very proof-based (again, depends on syllabus).

  5. #5
    An Urch Guru Pundit Swami Sage
    Join Date
    Jun 2012
    Posts
    1,745
    Rep Power
    13


    0 out of 1 members found this post helpful. Good post? Yes | No

    Re: Need advice on which math electives to take for Ph.D. prep

    You need a proof-based probability course for econ PhD. Not having one means you'll crash in first year metrics and perhaps micro/macro, regardless of admissions results.

    If a particular probability class sucks, try to find a probability course at either a higher level or a lower level. There are not many colleges where only one level of proof-based probability course is offered. Go take one based on measure theory if you really have to.

    Stochastic op research might be useful but it's not clear to me that you actually satisfy the prerequisites, considering you don't have any dedicated probability course on your transcript. Stat inference seems like a softer stats course which is not needed in the typical trajectory of an econ PhD applicant.

  6. #6
    Eager!
    Join Date
    Nov 2017
    Posts
    37
    Rep Power
    1


    Good post? Yes | No

    Re: Need advice on which math electives to take for Ph.D. prep

    Quote Originally Posted by chateauheart View Post
    You need a proof-based probability course for econ PhD. Not having one means you'll crash in first year metrics and perhaps micro/macro, regardless of admissions results.

    If a particular probability class sucks, try to find a probability course at either a higher level or a lower level. There are not many colleges where only one level of proof-based probability course is offered. Go take one based on measure theory if you really have to.

    Stochastic op research might be useful but it's not clear to me that you actually satisfy the prerequisites, considering you don't have any dedicated probability course on your transcript. Stat inference seems like a softer stats course which is not needed in the typical trajectory of an econ PhD applicant.
    Well said, I'd stick to that piece of advice. Though statistical inference (at least at my uni) was quite a poweful course, without which advanced econometrics would not be managable.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Accounting PhD prep - what electives?
    By FutureAcctPhD in forum PhD in Business
    Replies: 5
    Last Post: 04-24-2012, 08:40 PM
  2. What math should I take as electives during my master?
    By AnyNameDontCare in forum PhD in Economics
    Replies: 2
    Last Post: 04-02-2012, 11:27 PM
  3. How much do non-math non-econ electives matter?
    By seacucumber in forum PhD in Economics
    Replies: 4
    Last Post: 05-03-2011, 05:34 AM
  4. does order of math electives matter?
    By Yodaddy379 in forum PhD in Economics
    Replies: 4
    Last Post: 04-11-2009, 11:00 AM
  5. IS PhD - Math or CS courses for electives?
    By oldprogrammer in forum PhD in Business
    Replies: 4
    Last Post: 08-20-2008, 09:31 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •