Data in Eco­nom­ics and Busi­ness

Course content

Knowing how to work with data is critical in today’s business society. This course focuses on how to obtain and process economic and business data. In the course the students will be introduced to the basics of data analysis using R programming language. It is an applied course where the focus is on working with actual economic and business data to practice both students’ programming and analytical skills. Students will learn how to create descriptive statistics, how to do data visualization and how to make inference from the data. The course will cover the following topics:

• Introduction to R and fundamentals of programming
• Data collection and how to deal with e.g. seasonality, measurement error and missing values
• Working with different types of  Economic and Business Data (e.g. prices, money, indexes, individual level data, survey data, firm level data)
• Visualizing the data: learning how to measure and quantitatively describe key concepts in economics and business
• Written description of data visualizations
• Being able to critically evaluate data and statistical results