Live data from Hacker News

Lectures in Quantitative Economics with Python [pdf]

lectures.quantecon.org

21–30 of 52 posts

Re: Lectures in Quantitative Economics with Python [pdf]

#21
post #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.

You must be great at parties.

Re: Lectures in Quantitative Economics with Python [pdf]

#23
post #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.

I don't think pedantry about the name is a useful contribution to the conversation.

While it's true that Economic Sciences prize is not a "real" Nobel prize, it is commonly referred to as a Nobel prize. Interestingly, the Nobel Foundation also lists "Economic Sciences" on their website listing Nobel prizes even though they do not award or fund it: https://www.nobelprize.org/prizes/

Re: Lectures in Quantitative Economics with Python [pdf]

#24
post #18

Earlier quoted context omitted.

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.

You must be great at parties.

He's Dick, from the internet. https://dilbert.com/strip/2015-04-02

Re: Lectures in Quantitative Economics with Python [pdf]

#25
Ahh, this is nice. I work in an office with a number of economists (energy economics consulting firm), but I’m basically the only python user. Feel like this could be useful in bridging some gaps for the folks who only use SAS and got their PhDs cobbling together whatever code (VB, FOTRAN, etc.) got their models to run back in the day.

I’ve written so much documentation on Confluence where it would have been easier to just send a pdf like this :/

Re: Lectures in Quantitative Economics with Python [pdf]

#27

Earlier quoted context omitted.

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.

No, this is advanced undergrad economics or at the most it is in the first year of grad school.

Re: Lectures in Quantitative Economics with Python [pdf]

#28
post #20

They also have a Julia version, which is more interesting.

As someone with zero exposure to Julia can you provide some reasoning for why? (Honest question)

One of the thing I like from Julia compare to Python is that it have the concept of missing data representation. Python's data science library represent it via NaN or Null which is good enough for most cases but not all cases.

I often wish R's syntax was cleaner and faster, Julia is may accomplish this. I don't think Python is a great substitute for R in many areas where statistic is heavily used and influenced. I've used Python for Deep Learning and NLP. Time series and many other statistical base stuff I use R.

Re: Lectures in Quantitative Economics with Python [pdf]

#29
post #20

They also have a Julia version, which is more interesting.

I want to learn Julia but I have a very big concern: does it actually alter your personality in a way that makes you condescend to everyone about their inferior programming languages, or is it just that people who already are condescending choose to learn Julia?

Re: Lectures in Quantitative Economics with Python [pdf]

#30
post #4

Earlier quoted context omitted.

looks like linear algebra

Thanks, I'll hit youtube over the weekend

Chapter 21 in the attached pdf gives a brief overview.

There's also a (very challenging, I would guess 150-300 hours time commitment) MIT course online: https://ocw.mit.edu/courses/mathematics/18-06sc-linear-algeb... But it has videos.

I would focus on Chapter 21 in the pdf because it tells you exactly what you need for this application. And supplement it as needed.

Post reply on HN