Economics is a scientific discipline in which quantitative data are key. Theoretical considerations of the effect of minimum wages on unemployment or the effect of bonuses on the performance of employees are useful, but the final test is not the theory but confrontation with practical data. Unfortunately such data are rarely if ever completely unambiguous. Business cycles go up one day, and go down the other day, and usually there are more factors to cause noise in the data. Statistics provides means to draw reliable conclusions from data. The modern economist must therefore be able to handle statistics and to handle statistical software to visualize data. In this course such skills are taught: using Stata statistical analyses are carried out, connected to theoretical topics. – Source: Studiegids, VU
Economics and Business Economics (VU)
Quantitative Research Methods II | EBE VU
- Year 2, period 1
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