Econometrics

[economicus]

How hard do you find this exam in comparison with undergraduate/graduate courses in econometrics you have taken so far?

[buckykatt]

My memory is a little too fuzzy to be precise, but it's certainly well beyond my undergrad metrics course.

[Airbakin]

looks like your typical advanced undergraduate / 1st yr masters exam to me.

(i.e. over topics intuitively familiar to an undergraduate in econ, except here it's going one step further in robustly deriving it all through the use of linear algebra, probability, calc, .....)

[08Applicant]

That's somewhat harder than what I saw in my two quarters of Econometrics in undergrad. But I also took a year of undergrad probability and statistics. With my background I'm pretty confident I could handle that material in an undergraduate class setting.

[asianecon]

hmm...in my undergrad, we had something like that for the second econometrics course after intro to prob/stat. and another metrics course. note that one can do 4 econometrics courses (the 4th one being a phd-level course) and not even deal with time series!

the thing about this exam is that it's fundamental stuff at an intermediate level. learning GMM and ML would already help u answer this, i.e. no tricks involved.

[snappythecrab]

I'm with Airbakin. Looks like something you might see in an adv. undergrad course, adjusting for prereq's, or a MA course. Moderately easy PhD level questions.

[economicus]

Thank you! I just have a feeling that after a basic econometric course I am not prepared for this level of econometrics. I think I am going to choose a course on probability based on Rice's mathematical statistics before handling this one.

Can you just tell me what the necessary background for such a course is. Thanks!