ECON 423Time Series Econometrics
- Units
- 0.50
- Faculty
- Arts
- Subject
- Economics
When it runs
- F24
- W25
- S25
- F25
- W26
- S26
- F26
- W27
- S27
Ran in 5 of the last 7 terms. Winter 2027: scheduled, 2 lecture sections. Spring 2027: schedule not out yet.
This course introduces students to popular methods and practices of analyzing data that exhibit dependence over time. The topics may cover fundamental linear time series models (autoregressive processes, moving average processes and their generalizations), modelling time-varying volatility (the autoregressive conditional heteroskedasticity or ARCH family of models and stochastic volatility models), multivariate time series analysis, non-stationary models, and ongoing topics in modern time series econometric research. The course is designed to balance the introduction of statistical theory and applications with empirical data. A main component of this course consists of practical exercises and an empirical project with real data.
Prerequisites
- Complete all of the following
- Must have completed at least 1 of the following:
- Complete 1 of the following
- Enrolled in 4G-Economics, H-Economics, or H-Mathematical Economics (BA)
- Enrolled in an Honours program
Antirequisites
None listed.
Leads to
No course lists it as a requisite.
Winter 2027 sections
| Section | Class | Enrolled | Meets |
|---|---|---|---|
| LEC 001 | 3854 | 0 / 48 | MW 13:00–14:20 |
| LEC 701 | 1483 | 44 / 9999 | Online or by arrangement |
Reviewed on UW Flow
40% liked it17% easy67% useful
From 5 ratings and 1 comment on UW Flow. The most helpful comments, quoted as written, without names. Read them all on UW Flow.
Clear and interesting lectures!
Jan 2023 · liked itOn UW FlowRemove this
Discussed on r/uwaterloo
30 posts and comments in 26 threads mention ECON 423, March 2017 to December 2024. Quoted word for word, newest first; each reply sits under the post and the comment that started its branch. Search r/uwaterloo for newer posts.
Fall 2024
ECON 423 vs STAT 443 5 points, 2 comments
u/SheepherderOdd9017: “Econ 423 - time series econometrics https://uwflow.com/course/econ423 Stat 443 - Forecasting https://uwflow.com/course/stat443 these two courses looks very similar, have anyone take these courses? which one is more useful or easier? which one is more recommend?”
u/my_copingmechanism: “… econ423 imo was very mathematically rigorous in the sense that a big chunk of the course was deriving (and sometimes proving) the different processes.”
Spring 2024
AFM help wanted 1 point, 1 comment
“Hello. I’m choosing between AFM 323 and 401 as electives. Have anyone taken them (or are taking them now)? If so, what are they like? Any help/advice is welcomed. Thank you!!!”
u/Ok-Valuable-7007: “I made the wrong choice.”
u/Over-Elevator-3481: “… you’ll need to clear quite a lot of prerequisites to get there but econ 423 is probably similar content to afm 323, just more mathematically involved.”
Winter 2024
ECON 421 & ECON 423 3 points, 2 comments
u/Novel_Brain9700: “Anyone taken ECON 421 (Econometrics Analysis) or ECON 423 (Time Series Econometrics) before? I heard both courses are tough but I couldn't find any resources relevant to them online. I'm interested in taking the courses but I want to best prepare myself for these courses. …”
Fall 2023
ECON102 1 point, 17 comments
“I took ECON101 this sem as a 1A math major, found it intuitive enough to fuck around into a 80 overall. I understood the concepts and even tutored my ARBUS friends for the final. …”
u/MajesticSet5873: “… If you are just taking it to fill your econ requirement - there’s way better courses you can take in upper years like econ 424 or econ 423”
Most Useful Econ Courses 1 point, 3 comments
“I’m planning on doing an ECON minor, so 8 courses in total, 4 of which are 200+ level. Which courses are the most useful in terms of jobs (business field)/general knowledge/personal life. …”
u/M00bak: “Econ 371, Econ 372 are the Econ finance courses. Econ 424 is cool. Econ 423 I heard can be hard but interesting since it’s about finance stock data. https://www.reddit.com/r/uwaterloo/comments/9bcv0u/doseanyoneknowhowdifficultisecon423/.”
Spring 2023
ECON 211 1 point, 19 comments
“Hi, I am ARBUS student pursuing an ECON major which requires me to take ECON 211. I heard from my advisor that this a tough course and considering I am mediocre at math what would you recommend me …”
u/Low-monthly-payments: “Honestly, don't major in Econ if math is your weakness, unless you are prepared to work really hard. Econ 211 and 221 are the 2 second year math courses. …”
u/richard--b: “Hi I'm here insanely late, but do you think it would be possible to get away with taking Econ 421 and AFM 423 rather than Econ 421 and Econ 423? …”
Spring 2022
Is it really doable for math students to take 3rd/4th year econ courses with minimal previous economics experience? 1 point, 3 comments
u/plutoniator: “I'm talking about courses like ECON 322, 323, 421, 423, 424, 425, 426, how hard are these for math students that haven't taken any previous economics courses or have only taken 101 and 102 but otherwise satisfy the prereqs through math courses? …”
Winter 2022
Econ 423 0 points, 2 comments
CS 338 Stat 443 2 points, 6 comments
“Looking for an interesting or useful course to take. Which would be more useful out of the 2? Would CS338 actually give you some relevant Software development knowledge VS "business trivia" like in …”
u/GuessEnvironmental: “Econ 423 I would say is the more useful version of STAT 443. Stat 443 is a bit too theoretical without much application of the models while the latter combines both.”
Spring 2021
best Econometrics course 1 point, 5 comments
u/Salt-State-17: “… and what is the course load like for these econ 322 econ 421 econ 423 econ 424 &x200B; thanks in advance!!”
Winter 2021
Econometric courses 3 points, 0 comments
u/Yiru_Kaobei: “Has anyone taken Econ 421, 422, 423, 424, 425, 426? Could you please share your opinion on the course? Do you think is good to take them online or on campus?”
Most useful algorithmic trading course 10 points, 8 comments
u/composerragingbull: “… Currently, I'm looking at the following: - ECON 423: Time Series Econometrics - ACTSC 446: Mathematical Models in Finance - CS 380: Introduction to Machine Learning - SYDE 572: Introduction to Pattern Recognition - ECE 603: Statistical Signal Processing I'm in eng so I'm limited …”
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