What Is The Difference Between Quantitative Economics And Regular Economics, Will It Make Me More Marketable?
Posted by Stephen Cline on January 10th, 2010You have a choice to either major in Quantitative Economics or Economics. I am not afraid of all the math required, I just want to know what the difference is and if the quantitative will make me more marketable.
Tags: Between, Difference, Economy, Marketable, More, Quantitative, Regular
go for Quantitative. Economics is ultimately about numbers.
The only non-quantitative thing in Econ is History (of Thought or Institutions) and maybe Behavioral.
Make sure quantitative Econ has such topics as Micro (consumer and producer theory, General equilibrium, games), Macro (dynamic model, both capital and monetary models) and Econometric/Statistics (OLS Regressions, panels, systems of equations, binary choice)
Any area of specialization that you can achieve will make you more marketable.
Quantitative is something that you can apply a metric to and prove on paper. Not just a theory.
cheers.