Need ideas for econophysics undergrad thesis topic

In summary, the conversation was about a student pursuing a BS in Physics with a minor in Economics and looking for a thesis topic. The adviser suggested mathematical modelling of prices as a potential topic, and other ideas were also discussed such as studying the relationship between economic indicators and stock market performance, exploring the use of artificial intelligence and machine learning in predicting market trends, and looking into risk management in financial markets as an applied math or statistics project.
  • #1
bbnl1990
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Hi guys, I'm taking up BS. major in Physics, minor in Economics. It's a relatively new program in our school hence I cannot find theses by previous students in the archives.

I don't have chemistry subjects like my BS Physics counterparts, instead I have economics subjects and additional math/stat subjects like econometrics.

I'll be doing my thesis after a few months and I'm looking for a good topic. My would-be-adviser suggested mathematical modelling of prices (of stocks, gold, or any commodity in the market.) I think my thesis will look more like a work in applied math or statistics.

I thought of posting here to gain some of your insights. Please throw some of your ideas at me.

Thanks!
 
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  • #2


Hi there! It's great to hear that you're pursuing a BS in Physics with a minor in Economics. It's definitely a unique program and I can understand why it may be difficult to find previous theses in the archives.

Your adviser's suggestion of mathematical modelling of prices is a very interesting topic. It combines both your knowledge in economics and your skills in math and statistics. You can definitely take this idea and expand it further by exploring different types of markets and commodities, and how mathematical models can be used to predict or understand price fluctuations.

Another idea could be to study the relationship between economic indicators and stock market performance. This could involve analyzing historical data and using statistical methods to determine which indicators have the most impact on stock prices. This type of research can have real-world applications for investors and financial institutions.

You could also consider looking into the use of artificial intelligence and machine learning in predicting stock market trends. This is a rapidly growing field and there is a lot of potential for research in this area. You could explore different algorithms and their effectiveness in predicting market movements.

Lastly, as an applied math or statistics project, you could look into the concept of risk management in financial markets. This could involve developing models to measure and manage risk, and analyzing their effectiveness in real-world scenarios.

I hope these ideas have sparked some inspiration for your thesis. Best of luck in your research!
 

1. What is econophysics?

Econophysics is an interdisciplinary field that applies concepts and methods from physics to study economic systems and financial markets. It uses mathematical and computational models to understand the statistical behavior of these systems and predict their future trends.

2. What are some potential thesis topics in econophysics for undergraduate students?

Some possible thesis topics in econophysics for undergraduate students include analyzing stock market fluctuations using statistical physics models, studying the dynamics of financial networks, and applying network theory to understand the behavior of economic systems.

3. How can I come up with a unique and relevant thesis topic in econophysics?

To come up with a unique and relevant thesis topic in econophysics, you can start by reading current research papers and exploring recent developments in the field. You can also consult with your professors and peers to gather ideas and identify gaps in existing literature that you can address in your thesis.

4. Is it necessary to have a background in both economics and physics to pursue a thesis in econophysics?

While having a background in both economics and physics can be helpful, it is not necessary to pursue a thesis in econophysics. Many students with a strong foundation in one of these fields can conduct successful research in econophysics by learning relevant concepts and techniques from the other discipline.

5. What are the potential career opportunities for students who study econophysics?

Students who study econophysics can pursue careers in academia, where they can conduct research and teach in universities. They can also work in the financial industry, where their knowledge of modeling and analyzing economic systems can be applied to make investment decisions and manage risk. Other potential career paths include working in government agencies, think tanks, and consulting firms.

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