To introduce students to the types of data that are used in Economics and how to find or create relevant datasets, including official surveys and statistics
To introduce students to the skills required for collection, description and interpretation of data
To illustrate key areas of data description and analysis in ways that complement the theoretical treatment in Probability 1 and Statistics 1, and prepare students for further development in the Econometrics for Economists module in the second year
To introduce students to relevant computer software for collection, management, description and visualisation of data
Module learning outcomes
Why is data important in Economics and what kinds of data are used by economists?
How to find or create data that is relevant for economic analysis.
3 How to manage data and assess its quality.
How to measure economic variables in a reliable way.
How to describe and interpret data using statistical tools and exploratory data analysis.
How to visualize data in a clear and meaningful way.
Each topic will be motivated by examples from real world data and will be motivated by economic phenomena and applications of economic ideas drawn from a broad range of topics that span the programme. Each topic will be presented by lectures and associated computer sessions where the intention is to keep the material presented as data-driven or experiment-driven as possible.
Computer Sessions
The computer sessions associated with each topic will introduce students to data presentation and analysis using relevant software. Students will learn how to collect suitable data, transform data to make it suitable for analysis and how to follow a path of analysis which can be presented in a report.
Assessment
Task
Length
% of module mark
Essay/coursework Economic Data Analysis I - Project presentation
N/A
100
Special assessment rules
None
Reassessment
Task
Length
% of module mark
Essay/coursework Economic Data Analysis I - Project presentation
N/A
100
Module feedback
Feedback for this module is provided by:
ONLINE QUIZZES
Regular online quizzes on this VLE page, these will be marked automatically and provide feedback on your answers.
FEEDBACK FROM STAFF
Advice from staff and teaching scholars during the computer practical sessions.
Office hours of the academic staff and teaching scholars who deliver the module.
A report on performance in the assessment for this module.