Economy, asked by aditya09102005, 1 month ago

can we do bsc economics or bsc statistics with applied maths in intermediate?​

Answers

Answered by svetaKumari
0

Answer:

it is your answer

Explanation:

It depends on the university, but if you are in math or statistics, probably none. Your core degree requirements for either kind should easily overflow the minimum for BSc even if you are only officially doing BA. This assumes both degrees have the same core requirements, which in both math and stats should include single and multivariable calculus, linear algebra, differential equations (if math, unsure about stats), and at least one semester of analysis, algebra (in math, probably not stats), and probability. Some schools may include a programming requirement, most good stats programs do for sure. Add more probability/statistics for stats, obviously. A BA might be less strict in terms of natural science requirements, but this is peripheral to a math degree in any case.

Mind, not all math programs necessarily include analysis (some have ‘advanced calculus’ which my understanding is that in theory it is the same, but I cannot speak with certainty here), or may substitute a basic stats class for probability theory. I myself do not approve of either substitution.

In economics, however it is very hit and miss. In my experience, if a school distinguishes between BA and BSc here, the differences can be quite substantial. The curriculum between schools can also be very uneven. At my own school for example, BA and BSc candidates were tracked into different levels of theory classes depending on their major. BSc theory required calculus, to perform partial derivatives and lagrangian optimization, BA just screwed around with algebra. I don't really know how you can meaningfully study intermediate micro theory without calculus, but they did it somehow. The econometrics requirement for BA students was also much weaker. BA students essentially only covered generic OLS regression plus some techniques like confidence intervals and f-tests, and with much less theoretical rigor. They had essentially no experience with panel data, time series, specialized techniques such as instrumental variables, 2SLS, diffs-in-diffs…..in short, all the stuff in an economics major that is actually, you know, useful.

And it is even worse in some schools. There are schools which teach no econometrics at all, just “business statistics” which is apparently an ordinary introductory stats class where you will be lucky to even see a regression. It seems to me graduates from those programs have less skills than sophomores in some other programs. But my point is that while BA economics is probably inadequate, BSc is no guarantee of quality either, it depends on the program.

Edit: But I should add one thing, this distinction only matters when both a BA and BSc are offered. Many schools (particularly Ivies and non-American schools) offer only a BA in economics and frequently the BA in these cases comes from a very good program. In that case there probably will be no skills deficit. My above advice is also highly specific to the American situation.

I hope help you

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