Double Jump
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To be honest both classes would be useful if you decided to pursue econometric theory. I'd say both classes are at the same level of usefulness which is minimal. If you must choose a class I'd say pick one based on qualitative aspects rather than core content.
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Graduate Coursework -- PhD Real Analysis vs PhD Micro
Double Jump replied to gollin's topic in PhD in Economics
My opinion was that professors skipped a lot of those technical details due to time constraints. If you're interested in those technical details you can continue to self-study those topics like Munkres Topology, or Mas-Colells General Economic Equilibrium book. We used MWG for learning mechanism design and I found it to be poor. I'd recommend Borgers for Mechanism design. The point is, there are a lot of great books that can supplement your class and provide a well rounded perspective. It sounds like your a self-starter, so consider this strategy.- 11 replies
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Graduate Coursework -- PhD Real Analysis vs PhD Micro
Double Jump replied to gollin's topic in PhD in Economics
I'd advise getting to know the professors styles for each class. We had a couple 2nd and 3rd years take a Real Analysis class similar to what you described and they said averages for exams were around 20-30%. I've had Russian math professors that were completely fine not giving out A's to an entire classes. There's a lot of idiosyncrasies in grading styles in math classes. Also, if you're in a Phd program there's nothing that would preclude you from taking such a math class.- 11 replies
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Given your LORs are fantastic, you have a great chance at your letter writer's alma maters. Otherwise, probably very little chance. If you really want to end up at a top 10 school. I'd recommend applying for another 2 year RAship with the Fed, or with a professor at a top 10 school.
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A big stressor with being a first-year is passing the quals. I figured this thread could shed some light for applicants. Personally, what I've noticed is mental health is foremost the most important indicator whether you'll survive the first-year and quals. We saw a couple students that were facing depression (skipping lectures, not sleeping well) and unfortunately they're not with the program anymore.
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If you can get a copy of the syllabus before it starts you can study ahead efficiently. Otherwise, I hope your other classes are easier so that you'll have a buffer when you run the gauntlet.
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Choosing a program outside top 30: environmental/development
Double Jump replied to bk2017's topic in PhD in Economics
What kind of career do you wish to pursue? I'd recommend looking at their placement records to get a sense. Personally I'd choose Arizona or Wyoming.- 5 replies
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Also try reading Rubinstein's game theory book. Game theory has this weird juxtaposition of being intuitive and mathematically impossible at the same time. We were assigned a homework problem that boiled down to proving Kuhn's theorem.
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Complex variable vs advanced micro
Double Jump replied to Lebesgueisgood's topic in PhD in Economics
If you're set on the math masters then forsake all econ classes and pursue math. Now if you're trying to pursue an econ phd then your answer changes. -
Profile Evaluation for lower ranked Economics programs
Double Jump replied to edwards3rdid's topic in PhD in Economics
Congrats again, and wish ya more offers in the next coming weeks. -
Profile Evaluation for lower ranked Economics programs
Double Jump replied to edwards3rdid's topic in PhD in Economics
Congrats on the offer! Would you mind telling us the range in rankings of the school? -
I think adcoms would be indifferent between the two classes. If you already have some understanding of measure theory, then I wouldn't say the probability class is a necessity.
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Profile Evaluation for lower ranked Economics programs
Double Jump replied to edwards3rdid's topic in PhD in Economics
From anecdotal evidence, I had a colleague who had low quant GRE scores and got into a Phd program around 75-50. So I definitely think its possible, The hard part is whether your low GRE scores will result in adcoms simply throwing your application before they look at it. A 157 is 67th percentile.... Your advisor will definitely need to reach out for you to have a chance. Obviously the best path would be to retake the GRE and achieving mid 80th percentile is good enough.