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Well, I have first class degree in economics to be fair. I got the highest score across the university. I didn't just take one class and make my mind up. But I
by Moodles 8y ago
Well, I have first class degree in economics to be fair. I got the highest score across the university. I didn't just take one class and make my mind up. But I agree that doesn't make me an expert in the field. I also agree behavioral economics is a better direction. However, I'm just saying many strands of it need to use evidence more. A lot of models were kinda cute but also pretty silly. Game theory is a bit of a kafuffle -- Ariel Rubenstein agrees. I didn't see any predictions or studying of real-world data in my whole time studying it. The least we can agree on is that there should be way more of a focus on that for university level.
- smallnamespace 8y ago> I didn't see any predictions or studying of real-world data in my whole time studying it Econometrics is a major part of modern economics and attempts to do just that
- grenoire 8y agoIt depends on the university that you have gone to, mine was very clear on the assumptions made and we were always critical about the content and its implications. I took several philosophy of economics classes throughout my degree as well. I wish you had a better introduction to the field though, and agree that universities should better educate their undergrads on the real-world aspects of the models at hand.
- zwaps 8y agoWhat sort of university did you go to where they don't do econometrics or macroeconomics, or international trade, or... all things where you can not open a textbook without being confronted with real life data? The large majority of articles in top journals feature both mathematical theory and statistical&causal inference on real data.
- Moodles 8y agoThe number one ranked one in the world for economics, actually.