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ECON 449

Data Science with Economic Applications

ECON 449 is about translating economic questions into something a machine learning model can actually answer — picking the right method for the problem, not just running every algorithm you know. You'll move through supervised and unsupervised techniques in Python, work through lab sessions on fiscal-policy problems, hear from industry guest speakers, and build a group project that ties the methods together on a real economics question. It's a practical capstone-style elective for econ students who want to leave with applied data skills rather than just econometric theory, sitting at the intersection of the department's quantitative track and what firms and central banks are actually hiring for.

Credit3ECTS5FacultyFaculty of Economics, Administrative, and Social SciencesBölümEconomicsPreCS 125 and ECON 301

Değerlendirme 20% — 1 adım

20%
In-class participation Case study discussions 20%

Önerilen kaynaklar 1 kitap

📖
Önerilen
Data Science for Business: What You Need to Know about Data Mining and Data-Analytic Thinking
Foster Provost, Tom Fawcett
2013 / 1 · O'Reilly Media

Haftalık müfredat 14 hafta

Hafta 1
Applications of data science in Economics: What is data science? Which fields of Economics can use data science?
Hafta 2
Applications of data science in Economics: What are the most popular use cases where data science is applied in Economics?
Hafta 3
Methods: Data analytics framework and data science methods
Hafta 4
Guest speakers: Discussion with industry professionals
Hafta 5
Methods: Supervised learning
Hafta 6
Practice: Lab sessions to solve a Fiscal Economics problem using supervised learning methods (I/II)
Hafta 7
Practice: Lab sessions to solve a Fiscal Economics problem using supervised learning methods (II/II)
Hafta 8
Methods: Unsupervised learning
Hafta 9
Practice: Lab sessions to solve a Fiscal Economics problem using unsupervised learning methods (I/II)
Hafta 10
Practice: Lab sessions to solve a Fiscal Economics problem using unsupervised learning methods (II/II)
Hafta 11
Methods: Building a robust data science model
Hafta 12
Case discussions: Applications of data science in Fiscal Policy
Hafta 13
Case discussions: Applications of data science in Monetary Policy
Hafta 14
Guest speakers: Discussion with industry professionals continues

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⚠️ FZ engelleyen şartlar

Course Learning Outcomes: Course Learning Outcome Assessment • Have advanced level of fundamental conceptual knowledge so as to consider its reflections in practice. Midterm Quiz Case study discussions • Analyse theoretical knowledge and evaluate its reflections in practice. Term project Case study discussions • Solve a field-related problem both as a team member and as an independent individual Term project • Use field related knowledge to make decisions, implement and apply them. Term project

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