Saturday, 17 March 2012

Feedback Request

To all of you that came out to our events last week we hope you found them insightful and useful.  We are looking for feedback on this event around topic choice, planning and execution.  Also, what future topics would you like to see as a focus at E-Con? Who would you like to speak?

Send us an e-mail at uw.economics.society@gmail.com

See you next event!

Monday, 5 March 2012

E-Con: The First Economics Conference @ UWaterloo

MARCH 12-15th, 2012


MON in PAS 1229
@500PM Geoff Malleck on Personal Branding, MBA vs MA and careers
@630PM Phil Curry on Grad Studies and Academia

WED in PAS 1229
@600PM Larry Smith on Career Strategy for Economics

THURS in PAS 2083
@600PM Jean-Paul Lam on Public and Private Jobs and Interviews
@730PM Pirapa Tharmalingam on the Realities of the Job Market

Official Facebook Event Page

The Economics Society is proud to present E-Con: The First Economics Conference.  You have been asking us to organize an event focused on career paths and professional development within the field of economics.  We are going to deliver on that request and are planning the event for March 12th to the 16th.

The speakers have been 100% confirmed.


See you there!

UW Economics Society

Friday, 2 March 2012

Prof Profile: Dinghai Xu

Contact info:
Office: Hagey Hall 201
Phone: 519-888-4567 ext. 32047
E-mail:  dhxu@uwaterloo.ca

What follows is a paraphrased interview with Professor Xu

What courses do you teach?
ECON 421 Econometrics currently and ECON 405 Quantitative Finance, 422 Topics in Econometrics in the past.

What do you enjoy most about teaching?
Connecting with students.  Small class sizes allow for better student engagement.  It’s easier for students to ask questions in a smaller class.  Jokes also relax the atmosphere and create a more casual and relaxed learning environment.  It also helps with retaining student attention because in larger classes some students can become disinterested and get away with surfing the internet or playing games.

What topics are the hardest to understand for students? why do you think that is?
The foundations required in advanced econometric theory: matrix algebra, calculus (derivatives and integrals) and probability theory.  Students should have a concrete understanding of these topics before taking a course like 421 or 422.  The topics students struggle with most are Maximum Likelihood Estimation because of uncertainties with the foundations.

Students also have difficulty with grasping the theory without examples.  Students always ask for examples but the theory is general enough that it can easily fit many situations.  It can be applied to all areas such as health, labour, financial econometrics and more.  Understanding the theory and what’s inside the black box of regressions is very important for an undergraduate student interested in graduate studies in economics.

What is a book that you recommend all aspiring econometricians read?
For students seriously considering graduate studies and taking advanced econometrics courses there are a few introductory textbooks available in many editions at the library

Econometrics Analysis by W. H. Greene.
Time Series Analysis by J. D. Hamilton.

What are some interesting research questions in your area of expertise that undergraduates can investigate as a senior essay research topic?
Some topics are distributional considerations for time series data (such as stock returns, foreign exchange rates, indices...); Monte Carlo methods in time series analysis; comparisons across estimation methods for time series just to list a few.