Quantitative Economics with R : A Data Science Approach

Vikram Dayal

ISBN 10: 9811520348 / ISBN 13: 9789811520341

Published by Springer Nature Singapore, Springer Nature Singapore, 2020

About this Item

Druck auf Anfrage Neuware - Printed after ordering - This book provides a contemporary treatment of quantitative economics, with a focus ondata science. The book introduces the readerto Rand RStudio, and uses expert Hadley Wickham's tidyverse packagefor different parts of the data analysis workflow. Aftera gentleintroductionto R code, the reader'sR skills are gradually honed, with the help of 'your turn' exercises.At the heart of data science is data, and the book equips the reader to import and wrangle data, (including network data). Very early on, the readerwill beginusing the popular ggplot2 package for visualizing data, even making basic maps. The use of R in understanding functions, simulating difference equations, and carrying out matrix operationsisalsocovered.The book uses Monte Carlo simulation tounderstandprobability and statistical inference, and the bootstrap isintroduced. Causal inferenceis illuminated using simulation, data graphs,and R code for applications with real economic examples, covering experiments, matching, regression discontinuity, difference-in-difference, and instrumental variables. The interplay of growth related data and models ispresented, before the book introduces the reader to time series data analysis with graphs, simulation,andexamples.Lastly, twocomputationally intensivemethods-generalized additive models andrandom forests (an important and versatile machine learning method)-are introduced intuitively with applications.The book will beof great interest to economists-students, teachers,and researchersalike-who want to learn R.It will help economics students gainan intuitive appreciation of applied economicsand enjoy engagingwith the material actively, while also equipping them with key data science skills.

Seller Inventory # 9789811520341

Bibliographic Details

• Title: Quantitative Economics with R : A Data Science Approach
• Publisher: Springer Nature Singapore, Springer Nature Singapore
• Publication Date: 2020
• Language: English
• ISBN 10: 9811520348
• ISBN 13: 9789811520341
• Binding: Buch
• Condition: Neu
• Dimensions: 241W x 160H x 25D millimeters 241 millimeters width by 160 millimeters height by 25 millimeters depth
• Weight: 682 grams

About this title

Synopsis

This book provides a contemporary treatment of quantitative economics, with a focus on data science. The book introduces the reader to R and RStudio, and uses expert Hadley Wickham’s tidyverse package for different parts of the data analysis workflow. After a gentle introduction to R code,  the reader’s R skills are gradually honed, with the help of  “your turn” exercises. 

At the heart of data science is data, and the book equips the reader to import and wrangle data, (including network data). Very early on, the reader will begin using the popular ggplot2 package for visualizing data, even making basic maps. The use of R in understanding functions, simulating difference equations, and carrying out matrix operations is also covered. The book uses Monte Carlo simulation to understand probability and statistical inference, and the bootstrap is introduced. Causal inferenceis illuminated using simulation, data graphs, and R code for applications with real economic examples, covering experiments, matching, regression discontinuity, difference-in-difference, and instrumental variables. The interplay of growth related data and models is presented, before the book introduces the reader to time series data analysis with graphs, simulation, and examples. Lastly, two computationally intensive methods―generalized additive models and random forests (an important and versatile machine learning method)―are introduced intuitively with applications. 

The book will be of great interest to economists―students, teachers, and researchers alike―who want to learn R. It will help economics students gain an intuitive appreciation of applied economics and enjoy engaging with the material actively, while also equipping them with key data science skills.

About the Author

Vikram Dayal is a Professor at the Institute of Economic Growth, Delhi. He has been using the R software in teaching quantitative economics to diverse audiences, and is the author of the Springer Brief titled An Introduction to R for Quantitative Economics: Graphing, Simulating and Computing. He has published research on a range of environmental and developmental issues, from outdoor and indoor air pollution in Goa, India, to tigers and Prosopis juliflora in Ranthambore National Park. He studied economics in India and the USA, and received his doctoral degree from the Delhi School of Economics, University of Delhi.