Econometrics and Operations Research
Study econometrics and operations research in Groningen to learn how to use mathematical modelling to find solutions to real-life problems in our society.
What is the most cost-efficient location for placing windmills in the Netherlands? How can mathematics and statistics help us understand the relationship between climate change and economic factors, such as food prices, energy costs, or job opportunities? If you enjoy solving problems like this, this programme could be right for you. The BSc Econometrics and Operations Research (EOR) at the University of Groningen teaches you all about mathematical modelling. In many courses you practice modelling by applying data to real life cases in many areas, including climate change, environmental matters, welfare, and well-being. The combination of the four profiles econometrics, operations research, actuarial science, and mathematical economics, makes this a unique programme in the Netherlands. If you like economics, mathematics, and statistics, enjoy finding solutions to complex issues, and aim to contribute significantly to relevant societal problems, then this could be the programme for you. Did you know about the unique feature - the EOR game - all students play?
- Econometrics is about the statistical methods needed to estimate the relation between variables. How do micro-finance loans help alleviate poverty in Sub-Saharan Africa?
- Operations research focuses on optimal decision-making and finding approximate solutions to complex real-life problems. How to deliver a number of packages with the smallest environmental footprint possible?
- Actuarial science is about modelling the risks faced by, for instance, insurance companies and pension funds. How are pensions related to people living longer?
- Mathematical economics studies how economic actors (individuals, government, companies) interact with each other. Does price discrimination reduce social welfare?
