Objectivos
Licenciatura Bolonha em Economia
Licenciatura Bolonha em Gestão
Never leaving sight of the distinction between correlation and causation effects, the analysis of economic and business data is paramount to supporting evidence-based decisions by policymakers in central and local governments, business managers, households, and consumers. This is because data analysis is crucial to understand (i) heterogeneity across groups of consumers, firms, households, regions, or countries, (ii) dynamics over time, and (iii) associations that are present in virtually all economic and business phenomena. The importance of data analysis applied to economics and management cannot be overlooked and is therefore discussed early-on at the very start of the course, serving as an anchor for the work developed throughout the semester. Goals The DAEM course has three main goals: 1. Understanding Economic and Business Concepts: the DAEM course aims to introduce students to basic data analysis and statistical techniques. Students will learn the specific vocabulary and methodological frameworks necessary for analyzing economic and business-related issues. 2. Data Analysis Skills: the DAEM course aims to equip students with the basic skills to collect, analyze, interpret, and present data relevant to economics and business. This will involve learning basic statistical methods, data visualization techniques, and how to use software tools like Excel and R for data analysis. 3. Critical Thinking and Problem-Solving: the DAEM course aims to foster critical thinking and problem-solving skills among students through (a) traditional pen-and-paper exercises and (b) modern computer-aided hands-on exercises that allow making use of large(r) amounts of data. This way, students will learn to apply economic, business and statistical concepts to real-world problems, evaluate different courses of action, and make informed decisions based on data analysis. Overall, and by achieving these goals, students will be better prepared to understand and engage with economic and business problems in their academic and professional pursuits.