28 February, 2008

Doing my part to cheer MCC up regarding graduation

This from Hal Varian via Freakonomics via Econlog:
If you are looking for a career where your services will be in high demand, you should find something where you provide a scarce, complementary service to something that is getting ubiquitous and cheap. So what’s getting ubiquitous and cheap? Data. And what is complementary to data? Analysis. So my recommendation is to take lots of courses about how to manipulate and analyze data: databases, machine learning, econometrics, statistics, visualization, and so on.
Varian wrote my undergraduate intermediate microtheory text. I still use it regularly and maintain that he has one of the most badass names ever.

1 comment:

JD B said...

Half of the positions that I am recruiting for right now are Analyst positions. He is right on the money. I am constantly searching for someone who can manipulate data via data warehouse software into usable intelligent business recommendations.