How will machine learning impact economics?

How will machine learning impact economics? Answer (1 of 4): The short answer is that I think it will have an enormous impact; in the early days, as used “off the shelf,” but in the longer run econometricians will modify the methods and tailor them so that they meet the needs of social scientists primarily Read more about How will machine learning impact economics?[…]

SOME THOUGHTS ON ECONOMICS, MATHEMATICS, ECONOMETRICS, STATISTICS, MACHINE LEARNING, ETC

Some thoughts on Economics, Mathematics, Econometrics, Statistics, Machine Learning, etc There were a lot of posts, recently, related to those topics, starting with Noah Smith ‘s piece entitled “Economics has a Math Problem” and more recently “Econometrics, Math, and Machine Learning…what?” by Matt Bogard. I don’t have (yet) a clear mind on those issues, but Read more about SOME THOUGHTS ON ECONOMICS, MATHEMATICS, ECONOMETRICS, STATISTICS, MACHINE LEARNING, ETC[…]

Machine Learning for Economists: An Introduction

Machine Learning for Economists: An Introduction A crash course for economists who would like to learn machine learning. Why should economists bother at all? Machine learning (ML) generally outperforms econometrics in predictions. And that is why ML is becoming more popular in operations, where econometrics’ advantage in tractability is less valuable.

Economics to Data Science – How You Can Become A Great Data Scientist

Economics to Data Science – How You Can Become A Great Data Scientist If you have a Masters or PhD in Economics and are looking for a career in Data Science, you have come to the right place. We love it when Economists come through our Data Incubator because we know they have the skillset Read more about Economics to Data Science – How You Can Become A Great Data Scientist[…]

Job: Data Science – Applied Economist / Econometrician

The Market Optimization Data Science team at Uber is looking for economists and econometricians with superb technical skills and a passion for tackling hard problems with huge real world impact. Joining our team is a once in a lifetime opportunity to be part of changing the world of transportation forever. This is your chance to Read more about Job: Data Science – Applied Economist / Econometrician[…]

Financial Data Science Versus Financial Economics

Will big data analytics revolutionise the way we think about the economy? Having seen many chief economists of large financial institutions present at industry conferences, I would argue that a pattern of thinking has become visible that is also prevalent among many academic economists. This pattern is: theoretical assumption first, evidence from actual data second. Read more about Financial Data Science Versus Financial Economics[…]

Delighted To Be Included On The Dean’s List For Excellence in 2016

It was wonderful to be recognised by the faculty as a result of my performance in the First year economics exams. “Dear Martin Hewing We would like to offer you our warmest congratulations on the excellent results that you achieved in your most recent stage of study. The University has recently established a ‘Dean’s List’ Read more about Delighted To Be Included On The Dean’s List For Excellence in 2016[…]