If I master econometrics, what jobs can I get?
Our students, both undergraduate, master's and PhD students
have a very well [ ] job market.
The traditional non-academic job market
for an economics major with quantitative skills
is kind of consulting, also finance.
What's happened in the last 10 or 15 years
is this new sector has opened up.
Some people call it the Silicon Valley sector,
Google, Facebook, Uber, Netflix, Amazon--
they're hiring economists
with quantitative skills for the most part,
now necessarily [ ] econometricians,
but people who are good with data,
trained with data.
What's new about, say, Amazon,
as opposed to some of these other employers
that have been around for a long time,
is Amazon is asking fairly narrow
but very clearly causal questions about their own world.
They have the data to answer them,
and they're prepared to run experiments.
I now have three PhD students who are working at Amazon.
It's apparently not okay for them in any detail
about what they do there.
So when I asked them, "What are you up to?"
they say, "We're running experiments."
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