<p>I’m interested in knowing the differences between the fields at the graduate level. Obviously, I’ve been told that econometrics is just economic theory + statistical math and that statistics is often more theory and econometrics is often more applied. However, from what I’ve seen theoretical econometrics at the graduate level is often indistinguishable from statistics at the graduate level.</p>
<p>In terms of jobs, are these two fields interchangeable? Could a statistician do a econometrician’s job and could an econometrician do a statistician’s job?</p>
<p>I have the opportunity to do some undergraduate research and if I wanted to shoot for a statistics or econometrics graduate program, would you recommend doing undergrad research in math biology (math modelling in biology) or research involving math intensive game theory (mechanism design – basically it will be upper level/graduate level game theory with programming)?</p>