The goal of this MOOC is to show that econometric methods are often needed to answer questions. A question comes first, then data are to be collected, and then finally the model or method comes in. Depending on the data, however, it can happen that methods need to be adapted. For example, where we first look at two variables, later we may need to look at three or more. Or, when data are missing, what then do we do? And, if the data are counts, like the number of newspaper articles citing someone, then matters may change too. But these modifications always come last, and are considered only when relevant. An important motivation for me to make this MOOC is to emphasize that econometric models and methods can also be applied to more unconventional settings, which are typically settings where the practitioner has to collect his or her own data first. Such collection can be done by carefully combining existing databases, but also by holding surveys or running experiments. A byproduct of having to collect your own data is that this helps to choose amongst the potential methods and techniques that are around. If you are searching for a MOOC on econometrics that treats (mathematical and statistical) methods of econometrics and their applications, you may be interested in the Coursera course “Econometrics: Methods and Applications” that is also from Erasmus University Rotterdam.
This was a good, broad introduction to econometrics. It is simply an exploratory course and will not provide any in depth instruction which would be reserved for a more rigorous econometrics course.
Great first course for anyone interested in econometrics
It's a fun course, but there's no certificate of completion
Great intro to the fundamental concepts in econometrics. It does get technical though.
Short and good intro with examples to build intuition around the econometrics concepts. Suggest to take this first before moving on to longer courses.
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The professor is really well and experienced but there is a lot of math involved and no place for newcomers. NO CERTIFICATE IS PROVIDED ON COMPLETION.
This course is marketed as a course for beginners in Econometrics. I have done my graduation in Economics Honours and hence studied advanced Econometrics. I can testify that this course was difficult for even me to understand. This is not to say, I'm great at the subject, but it's definitely not a beginner or even a medicore level course. I hope we can have more explanation incorporated in the course.
This audit-only/no-certificate free course, which I expected to be a casual introduction to econometrics principles for laypeople, is not as enjoyable as I thought it would be. This is especially in the latter half of the material, where barrages of increasingly complicated equations are thrown at you at a quick pace. A way to get something from this course, particularly for non-economics or non-statistics majors like me, hopefully is slow down, pause and/or repeat the videos from time to time. The course assumes a lot that a student should have prior to entering the course such as knowledge of college-level mathematics and statistics. Nevertheless, the value of this course really lies in introducing the learners to the complexity of the field and the real-life necessity to understand such complexity. This course is highly recommended to prospective students of formal economics and/or econometrics courses or formal programs to help them gauge their baseline capacity to thrive in such offerings. I am looking forward to go back to the course materials from time to time should I take comprehensive courses on the field.
This course is definitely not introductory...
Not sure who can benefit from the course. The techniques used are not really explained only demonstrated. The idea was probably to show that the uses of econometrics are not limited to economics or finance but there was too little real technical content for the student to take with him moving forward.
I do commend the professor for an effort to popularize a very technical field. My conclusion is that I probably need to take the other course offered by him which does go into all the details.
This is a nice course, but it's not for beginners.
Before I started this course I looking for some interesting materials in this field.
I found this course "Enjoyable Econometrics" and thought "Ok if it's for beginners - it would be nice to start with this one"
But... My expectation was wrong. It's too brief course... and I didn't find something enjoyable when I can't understand more than 80% of the materials.
Yes, probably it's fun for that kind of person who knows something before it... but for newbies, it's not fun.
Concepts of all materials - is a brief review and show you some formulas without explanation - they show you only the results.
I won't recommend this course for beginners.
Sorry, but "Erasmus University Rotterdam" if you want to share your interest in this topic with beginners - you should explain the materials more.
I appreciate that the author is trying to make eonometrics more accessible, but the course design is in need of serious improvement. The course provides a couple of interesting examples to make the material 'fun', but it then proceeds to throw equations at you without explaining core concepts or developing any underlying intuition. The discussion prompts also feel like busy-work.
To be more effective, the course should be 2-4 times longer, and take more time to explain core concepts in the course of introducing the mathematical notation.
An very easy approach for the Econometrics.
This MOOC offer an easy way to begin an understanding of the basic ideas behind the econometrics methods.
Just an overview of how difficult econometrics could be, especially in the last two modules.
This was a good, broad introduction to econometrics. It is simply an exploratory course and will not provide any in depth instruction which would be reserved for a more rigorous econometrics course.
Great first course for anyone interested in econometrics
Good content,
Unfortunately, the course has a terrible interface (seems broken) where you don't have acess to the side menue where you can see all the weeks and move through the videos. The only way to go back and forwards through the materia is clicking the previous and next arrows. This makes the course somewhat hard to use for review adn interview prep.
Ideal para entender las los conceptos por medio de ejemplos de la vida cotidiana, desde partidos de fútbol hasta botellas de vino. No son comunes los cursos introductorios de esta manera, lo que le da un valor agregado y por ello le doy 5 estrellas. Nota: Se puede terminar dos o tres días.
The course level is described as for the beginners. However, without solid knowledge in the statistic models (simple and multiple linera regression, vector autoregression model, logistic regression etc), unfortuntely you wont be able to understand the content of the video. With my due respect, the lecturer/professor could be really good at his subject, hoewever the this specific course is not for the beginners. The lecturer does not explain all unknown variables/concepts of the topic, the formulas just appear in the screen and without specific literature (I went through the professor's book and would not say its language and explanation style is comprehensible for beginners) one cannot grasp the idea. Once in the Module 5 in one video the lecturer referred to some previous video where he explained the autoregression model with case about the causalties and unfortuntely there was no such video at all. Therefore, if you are real beginner and maybe have non-math backgorund, then this is not the best course on econometrics for the beginners, it is for the users with solid thematic background.
It wasn't an enjoyable course, I didn't like the way it was taught.
This course didn't make econometrics enjoyable at all. Even though the questions were interesting and raising curiosity, the explanations were extremely difficult to understand especially for beginner. There are so many formulas and calculations that appeared without a strong clarification.
I think this course should be for A level or high school students...VERY very basic.
I did not get the certificate
must provide certificate
Short and good intro with examples to build intuition around the econometrics concepts. Suggest to take this first before moving on to longer courses.