Chevron Left
Back to Econometrics: Methods and Applications

Learner Reviews & Feedback for Econometrics: Methods and Applications by Erasmus University Rotterdam

4.6
stars
1,194 ratings

About the Course

Welcome! Do you wish to know how to analyze and solve business and economic questions with data analysis tools? Then Econometrics by Erasmus University Rotterdam is the right course for you, as you learn how to translate data into models to make forecasts and to support decision making. * What do I learn? When you know econometrics, you are able to translate data into models to make forecasts and to support decision making in a wide variety of fields, ranging from macroeconomics to finance and marketing. Our course starts with introductory lectures on simple and multiple regression, followed by topics of special interest to deal with model specification, endogenous variables, binary choice data, and time series data. You learn these key topics in econometrics by watching the videos with in-video quizzes and by making post-video training exercises. * Do I need prior knowledge? The course is suitable for (advanced undergraduate) students in economics, finance, business, engineering, and data analysis, as well as for those who work in these fields. The course requires some basics of matrices, probability, and statistics, which are reviewed in the Building Blocks module. If you are searching for a MOOC on econometrics of a more introductory nature that needs less background in mathematics, you may be interested in the Coursera course “Enjoyable Econometrics” that is also from Erasmus University Rotterdam. * What literature can I consult to support my studies? You can follow the MOOC without studying additional sources. Further reading of the discussed topics (including the Building Blocks) is provided in the textbook that we wrote and on which the MOOC is based: Econometric Methods with Applications in Business and Economics, Oxford University Press. The connection between the MOOC modules and the book chapters is shown in the Course Guide – Further Information – How can I continue my studies. * Will there be teaching assistants active to guide me through the course? Staff and PhD students of our Econometric Institute will provide guidance in January and February of each year. In other periods, we provide only elementary guidance. We always advise you to connect with fellow learners of this course to discuss topics and exercises. * How will I get a certificate? To gain the certificate of this course, you are asked to make six Test Exercises (one per module) and a Case Project. Further, you perform peer-reviewing activities of the work of three of your fellow learners of this MOOC. You gain the certificate if you pass all seven assignments. Have a nice journey into the world of Econometrics! The Econometrics team...

Top reviews

DT

Feb 13, 2020

Course was very well structured, pacing was very pleasant (albeit a little fast for the chapter about time series). Teachers were top notch! I had lots of fun while learning . Thank you!

JJ

Nov 15, 2015

The design of the course is very Helpful and efficient. The course is well explained. The instructors are very clear and master the subject. They very detailed and well organized.

Filter by:

201 - 225 of 257 Reviews for Econometrics: Methods and Applications

By Tran D B

Aug 1, 2017

d

By Taylor B

May 8, 2016

This course is not for someone who hasn't taken much advanced math. There's a strong requirement of linear algebra, calculus, and probability. Someone who is relying only on the math prep they give you in the course will likely be very under-prepared for some of the more theoretical homework assignments.

With that disclaimer out of the way, this course gives a fairly good overview of important econometric techniques, though I wish they would have done more with time series analysis.

A major shortcoming of this course is some of the more complicated material (RESET test, Chow test, endogeneity, etc) were not presented in a complete way (in my opinion). I found myself referring to quite a few outside sources in order to figure out some of the more complicated material. Keep this in mind when taking the class and give yourself extra time to read farther into the concepts discussed in class.

By Arcangel M

Jan 20, 2020

The course is very dense in content and sometimes with many concepts that do not go deeper and are then required in the tests. In my opinion, the course should be divided into two courses, especially extending the part of Time Series and with a much more practical approach with real cases and with prediction models. So I encourage the people of this university to do a second part more focused on applying the concepts in real cases explaining everything in more detail. For the rest, the course has a high level and it is necessary to have previous statistical and mathematical knowledge.

By Josiah N

Sep 28, 2016

Good information, and detailed mathematical representation of the concepts, but often you will have to do outside research to truly understand the material, and the building blocks are not very helpful beyond a basic refresher course on matrices and statistics. This class requires a lot of studying and initiative to seek outside help to understand the material.

If more time was dedicated to truly explaining the concepts and principles and the REASONING behind them instead of just supplying equations and test names, this class would get a 5 star rating.

By Thomas B

Aug 25, 2018

Good content and quality. Coming from machine learning this gave me a new perspectives, e.g. a topic like endogeneity or the different kind of statistical tests.

I did the course using R, RStudio and R Markdown for the course assignments and that worked great. However, the course is taught without any reference to specific software packages and I think that's a big plus.

Some of the assignments were too academic for my taste (proving statements). I would have rather liked more examples showing different aspects and situations of the taught topics.

By Filippo A B

Nov 20, 2016

Very interesting intermediate course in Econometrics. I strongly recommend for both new learners and those are interested in refreshing their knowledge in econometrics.

Maybe some blocks are too theoretical, there are some "bugs" in the content, and I miss a bit more of applied econometrics using statistical softwares.

Definetly a very good example of teaching econometrics through MOOC, my heartfelt congratulations to the Econometrics team of the Erasmus University for the great job, it has been a really valuable course to attend.

By Pablo M C

Mar 19, 2021

In my opinion, this is a very well-structured introductory course. If you have no background in Econometrics, it might be useful to introduce you to the concepts. If you've already taken an Econometrics course, it will be useful to refresh different concepts and estimation techniques. Just to take into consideration, if you want to get deep into the training exercises and follow all the formalization aspects that are presented, it takes way more than 4-8 hours a week. You should consider at least 12 hours a week.

By Sovit S

May 18, 2020

It is a fairly expansive course in terms of the topics covered. However, it is not as discursive as I'd have liked. The tests are good but would have been better had they not provided too many hints. It is definitely an eight-week course if you diligently work on the exercises. Maybe there is room to recommend additional readings for those who'd like to learn more.

By Max G

Sep 29, 2016

Un curso muy interesante, con mucho contenido que requiere un esfuerzo por parte de los alumnos y una base matemática/estadística sólida. Las prácticas están muy bien organizadas. Hay explicaciones que podrían mejorar. Sin embargo, cumple sobremanera mis expectativas. Lo recomiendo.

By ANTHONY E J

Oct 19, 2020

Having more explanation with the answer videos will lead to a better understanding from MOOC participants. Also, additional review and participation from class instructors on grading tests would ensure a more effective and accurate calculation of participant performance.

By Arthur M

Apr 10, 2016

Good content and exercise, very pedagogic.

The only problem are the use of the program: If you don't know how to use a statistical program such as R, you will spend more time struggling with the program than understanding the topic.

By Pradeep M

Nov 11, 2020

This course provides inputs for advance level students. Theoretical aspects are well-covered. I gained a lot from this course. If some idea of any one econometric software is provided, it can further add value to the students.

By Tatsunari W

Sep 13, 2017

This course introduces basic and important statistical methods both in conceptual and practical ways. I wish this course were more longer and covered the topics deeper because I really enjoyed learning the topics.

By Cristian T

May 4, 2020

This is course is very smooth yet challenging. It provides good grounds for econometric analysis at an intermediate level. I totally recommend it. Thanks for the good job to all the professors and assistants.

By Софья

Feb 22, 2017

Some topics that were covered in this course were not explained in details and, in addition, there was no explanation of the theoretical aspects of the course (for instance, formulas transcript ).

By Danish U

Nov 5, 2015

Very good course. But too much emphasis on statistical derivations. Also estimating models by using any statistical software (SPSS, STATA, R, Eviews) will for sure be an interesting ad on.

By Adrienn K

May 13, 2019

Very good insights and step by step methods.

It is more theoretical (manual calculations of different methods) than applied and should be completed by another course for this matter.

By Sriharsha G

Feb 26, 2016

It is a very good course I guess, but being 15 years old, it didn't make any sense.

However, I got to learn a lot of new things about a field which I wish to pursue.

By Yiming C

Jun 5, 2018

Good course, I would recommend people who have basic knowledge about statistics and linear algebra take this course if the topic of econometrics interest you.

By Sing L

Oct 12, 2017

the video seems fast-forwarded, which makes it quite difficult to follow. not sure if it's only my personal feel of it. otherwise the content were great.

By souvik g

Aug 26, 2020

Great beginners course. Should be backed by readings. Exercises are awesome especially the building blocks. Looking forward to a more advanced course.

By Anand Y

Jan 17, 2016

More focus should be given on application part in initial modules vs. derivation. Also, the presentation can be made a bit more simple to understand.

By Naim

Aug 15, 2017

This course is really good for recapping what you have learned before. It would be a difficult course if you start it without previous background.

By Francesco

Jul 23, 2017

Some stuff are treated briefly but overall is a good MOOC, well organized and gives good hints to deal with econometrics problems.

By Andrey P

Jan 15, 2018

I'd be happy to have more practical excersises during the course instead/together with formula transformation tasks.