whoisurdaddy
Member
- Joined
- Dec 5, 2007
- Messages
- 256
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- Male
- HSC
- 2008
So basically a far harder version of QMB ;O
I did SESC2001 as well!! Got 92 for that course (Chyeahhh!!!!!!!!)Eh, it's 1am and I'm too lazy to review all my courses, but I feel I owe it to people to hear about SESC2001 if they haven't already.
Ease: 10/10 (I got a 96, a mate got a 97), and it's one of those courses where you can make up lost marks by doing extra weekly modules, which are just 5 short questions like "What makes anthrax so virulent?", the answers to which are all in the provided coursepack.
Lecturer: N/A - I wouldn't know as another bonus of this course was that it was offered as a Distance Education course in addition to on-campus attendance.
Interest: 8/10 - The 12 weekly answer tasks and a final essay can be knocked off in 48 hours and the content is relatively interesting while you read it if you're into Oil spills, asbestos, how anthrax functions, different types of cancer and the like. The electronic coursepack is hefty (400+ pages), but Ctrl+F makes the work a lot easier.
Overall: 10/10 - Thanks to this course I have a freaking 96 on my transcript now. If you're at uni in First Sem next year and have the option of an elective from the Science Faculty you should seriously look into this one as I cannot recommend it strongly enough.
i used to have the arts half of my degree (i did a combined degree when i started), but i only did japanese and education ....cant say too much of the other courses since i haven't done them...so... no one here does an arts degree?
Comparing Financial econometrics with business forecasting, what would you say is more maths orientated?ECON3206: Financial Econometrics
-- Overall: 4/10 - Not a fun course at all. The name alone tends to put people off and so it should be.
-- Ease: 3/10 - Tough Course. A lot of the course content is difficult and it is never exactly clear how to derive things unless you figure it out yourself. Doing business forecasting (ECON2209) should be a prerequisite before putting yourself through all the econometric models taught here
-- Interest: 5/10 - It's hard to get excited about ARMA and ARCH/GARCH models....
-- Lecturers: 6/10 - Panchenko is a boring lecturer but a decent course adminstrator. Probably one of the best I've had.
ECON3110: Political Economy
-- Overall: 5/10 - I'm not interested in old men's various economic theories (Marx, Keynes, Kalecki..) but others would be
-- Ease: 5/10 - There's no textbook for the course so you'll be having to do a bit of research and extra reading to get a full idea of each economist's perspectives
-- Interest: 5/10 - This course is designed to let students who have mostly been taught mainstream (neoclassical) economics gain an understanding and appreciation of the unorthodox schools of economic thought. It gives you a new perspective on your 1st-year eco courses but apart from that, it's not particularly useful
-- Lecturers: 9/10 - Peter Kriesler is one of the best economics lecturers around
ECON2111: Globalisation
-- Overall: 7/10 - It's an interesting course, fairly straightforward, and I see it as extensions of everything you would've learnt in Macro 1 and 2
-- Ease: 8/10 - It's not hard at all. If you've done ok in Macro 1 and 2, you'll have no problems here
-- Interest: 7/10 - If you liked macroeconomics, you'll like globalisation
-- Lecturers: 7/10 - Chris Benoit is probably a decent lecturer (I never went to any of his lectures) but his course administration skills leave something to be desired.
MGMT2102: Managing Across Cultures
-- Overall: 8/10 - Just another easy, management course.
-- Ease: 9/10 - There's alot of assessments but none of them were particularly difficult
- Interest: 8/10 - I was interested only because my tutor was an engaging individual who knew how to keep discussions going through 1 and a half hour classes
- Lecturers: NA - It's a management course.....
Good question...Comparing Financial econometrics with business forecasting, what would you say is more maths orientated?
Or rather what do you believe is easier in terms of absorbing the study load?
wow... Thanks for the great hindsight into the two subjects !Good question...
I'll talk about both courses from my experience.
Business Forecasting: Although this course is not a required prerequisite for Financial Econometrics, it should be. The course is concerned with mainly AR (Autoregressive), MA (Moving Average) and ARMA models (they're used to model sets of data over time so you can get an idea of how the future will turn out). When I say maths orientated, the only real maths you will be doing is deriving a long series of equations that represent AR, MA and ARMA models. The problem is, business forecasting was so badly taught that it was hard to ever get a clear answer on how to go about deriving in the first place. In addition, deriving such equations is fundamentally irrelevant as computer software does that for you. It's only implemented because the course examiners need something to test you on.
This course focuses more on your knowledge of deriving such equations but the major assignment requires you to model data (i.e. stock returns over a certain period) using a model of your own choosing through econometric software. Then you have to go about interpreting your eventual forecast and providing supporting evidence for why your model is appropriate.
Financial Econometrics: This course builds upon business forecasting by moving away from simple AR/MA/ARMA models towards more complex models that involve not only a time-varying mean (AR/MA) but a time-varying variance (ARCH/GARCH). These models are specifically suited for financial data (hence financial econometrics). The course also requires you to derive like business forecasting so these courses are similar in that respect. Also keep in mind that while some of the notation for these equations is utterly ridiculous,the questions you'll usually get are simplified but still difficult if you can't derive properly.
The group assignment is similar in respect to the business forecasting assignment except you'll be given specific questions to answer. You'll also be using eviews (econometric software) for your assignment.
Google/Wiki the models I've mentioned and you'll see for yourself the equations I've been talking about.
Definitely possible. One of my group assignment members was in that same position last semester.wow... Thanks for the great hindsight into the two subjects !
Um one last quick question. Do you think it would have been possible for you to effectively study Financial econometrics without doing Business forecasting?
Im actually in a bit of a dilemma because I have one econometrics option left but I dont know which one to pick, and since they are both offered in different semesters, I have to choose wisely if I want to graduate this year xD
once again thanks for your help!!
And ignore you completely.PS. CATEI will definitely hear about this.
!And ignore you completely.
It 'might' work when your opinion is shared by a majority of your fellow uni students doing the course.!
I thought CATEI actually worked.
I'm disappointed.