Data Analysis

Data analysis by wynpnt@pixabay

Course ID:

ECO_351

Semester:

7th

Year of Study:

4th Year

Category:

Economics Elective

For Erasmus Students:

No

eclass URL

Learning Outcomes

The aim of the course is to enable students to expand and deepen their knowledge and skills in various areas of statistics and of statistical analysis of large data sets.

After completing the course the student will:

Have a solid knowledge of statistical methodologies and techniques for analysing large data sets.
Be able to process and describe the information contained in large data sets.
Have an in-depth understanding of the mechanisms that justify the choice of one method over another.
Be able to select and use the basic statistical data analysis tools using the SPSS statistical software.
Be able to interpret correctly the software graphs and results.
Solve problems with real-world data by using an interdisciplinary approach.

Course Contents

Towards a Philosophy of Data Analysis.
Data management, data sources, sample and population, measurement and nature of variables, coding, data entry and data cleaning, extreme values, missing values.
Univariate and bivariate statistical analysis – Constructing Graphical Displays - Contingency tables – Correlation – Hypothesis tests - Analysis of Variance – Non parametric procedures.
Multivariate techniques for data analysis and applications in economics.
Distinction (reducing, clustering, interaction) of data analysis methods - Factor analysis – Cluster analysis.
Overview of SPSS – Using SPSS to analyze large sets of real data.

Teaching Activities

Lectures (3 hours per week) and Laboratory work (1 hour per week)

Teaching Organization

*Activity*	*Semester workload*
Lectures	(3 x 13=) 39 hours
Laboratory work	(1 x 13=) 13 hours
Self-study and project preparation	98 hours
Total number of hours for the Course (25 hours of work-load per ECTS credit)	150 hours (total student work-load)