Is Econometrics and Quantitative Economics a good major?
Yes, Econometrics and Quantitative Economics is a good major for those who enjoy mathematics and would like to use mathematics and statistics to analyze economic issues, understand the theoretical foundations of various policy options, and be able to predict expected policy outcomes.
Econometrics and Quantitative Economics major focuses on the systematic study of mathematical and statistical analysis of economic phenomena and problems. Includes instruction in economic statistics, optimization theory, cost/benefit analysis, price theory, economic modeling, and economic forecasting and evaluation.
Is Econometrics and Quantitative Economics a hard major?
No. Econometrics and Quantitative Economics is not a hard major if you have a good understanding of maths. Those who are especially new to statistics or not mathematically inclined will find this major quite difficult.
Econometrics and Quantitative Economics major salary
Econometrics and Quantitative Economics is a good major in the United States with a limited number of job roles to explore. There is no standard salary for any Econometrics and Quantitative Economics jobs. Your salary also depends on if you’re working in the private or public sector. The national average salary for an Econometrics and Quantitative Economics major in the U.S. is $53,900.
Some classes Econometrics and Quantitative Economics majors may likely take:
- Microeconomics
- Advanced Price Theory
- Macroeconomics
- Economics Statistics
- Calculus
- Analytical Tools for Economists
- Intermediate Price Theory
- Matrix Theory
- Computing
What other majors are related to Econometrics and Quantitative Economics?
- Management Sciences and Quantitative Methods
- Research Methodology and Quantitative Methods
- Applied Economics
- Business/Managerial Economics
- Economics
| Course difficult | 32% [su_tooltip title=”” text=” In terms of curriculum, assignments, duration, and examination (internal and entrance) Econometrics and Quantitative Economics holds 32% difficulty “] ℹ️[/su_tooltip] |
| Acceptance rate | 41% [su_tooltip title=”” text=” Competition to get into the Econometrics and Quantitative Economics major is high. 56 out of 100 students apply for Econometrics and Quantitative Economics major yearly.”] ℹ️[/su_tooltip] |
| Relevance metric | 90% [su_tooltip title=”” text=” When compared to other majors in terms of economic impact, job availability, standardization, literature and research work, Econometrics and Quantitative Economics has 90% relevance”] ℹ️[/su_tooltip] |
| Job availability | 100% |
| Estimated number of student | Nil |
| Colleges with Econometrics and Quantitative Economics Majors | 100+ [su_tooltip title=”” text=” There are over 100 schools offering Econometrics and Quantitative Economics in the United States. Schools include universities, colleges, and polytechnics. “] ℹ️[/su_tooltip] See schools here |