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Lectures in Quantitative Economics with Python [pdf]

lectures.quantecon.org

11–20 of 52 posts

Re: Lectures in Quantitative Economics with Python [pdf]

#11
post #2

FINALLY the field of Economics is waking up to the 20th (yes) century... I've always loved the questions economics asks, but found the methodology for finding answers to miss out on ideas from computer science

Which ideas from CS? You mean optimization techniques that don't work in the real world of finance?

Even though finance and economics overlap, I think that comment was referring to the social and psychological side of economics.

Re: Lectures in Quantitative Economics with Python [pdf]

#12

Earlier quoted context omitted.

i recommend this series https://www.youtube.com/watch?v=fNk_zzaMoSs

Thanks, I'll check it out. This is one of those things which I never knew I didn't know about.

Goes very well with your username.

Re: Lectures in Quantitative Economics with Python [pdf]

#13

Earlier quoted context omitted.

Which ideas from CS? You mean optimization techniques that don't work in the real world of finance?

Even though finance and economics overlap, I think that comment was referring to the social and psychological side of economics.

Was it? Because I have no clue what the poster was referring to.

And economists have been writing code since PL/1.

Re: Lectures in Quantitative Economics with Python [pdf]

#15
post #2

FINALLY the field of Economics is waking up to the 20th (yes) century... I've always loved the questions economics asks, but found the methodology for finding answers to miss out on ideas from computer science

I got lost at part 1.4.1 on page 6. I know python, but what would I need to learn to actually follow this pdf?

It basically assumes you have at least one year's grad school level background in economics. It does give some overview, but probably not enough to learn it from the book alone.

Re: Lectures in Quantitative Economics with Python [pdf]

#16

Earlier quoted context omitted.

Thanks, I'll hit youtube over the weekend

i recommend this series https://www.youtube.com/watch?v=fNk_zzaMoSs

I would recommend 3blue1brown only if you've already covered the material in another way. It's a great way to get some new intuition about things, the videos can help something 'click' and are a pleasant watch with an obviously high production quality. I just don't think they are great for being your first exposure to a topic.

Re: Lectures in Quantitative Economics with Python [pdf]

#18
post #17

Just to point out: the co-author is Thomas Sargent, Nobel Prize winner and generally a big deal. If he's taught himself Python, then kudos (he's 76). Even if not, it's a strong recommendation to have his name on the cover.

He did not win a Nobel prize, as there is no such thing for economics. However he won the Nobel Memorial Prize in Economic Sciences.

Re: Lectures in Quantitative Economics with Python [pdf]

#19
post #2

FINALLY the field of Economics is waking up to the 20th (yes) century... I've always loved the questions economics asks, but found the methodology for finding answers to miss out on ideas from computer science

Eh, these authors have been doing computational books for years in econ
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