Unlocking Insights: Machine Learning in Econometrics
Unlocking Insights: Machine Learning in Econometrics, available at $44.99, has an average rating of 2, with 54 lectures, based on 2 reviews, and has 13 subscribers.
You will learn about Understand Econometric Foundations: Grasp core concepts, models, and techniques in econometrics for data-driven economic analysis. Apply Statistical Methods: Apply regression analysis, time series modeling, and hypothesis testing to real-world economic datasets. Integrate Machine Learning: Explore the fusion of ML techniques with econometrics for enhanced predictive modeling and policy insights. Handle Economic Data: Learn data preprocessing, normalization, and handling outliers in economic datasets. Predict Economic Trends: Build predictive models to forecast economic trends, aiding informed decision-making. Ethical Data Usage: Understand ethical considerations and responsible use of data in economic analyses. Future Trends Awareness: Stay updated on emerging trends, like AI-driven economics, shaping the future of the field. This course is ideal for individuals who are Economics Students: Ideal for undergraduate and graduate economics students aiming to enhance analytical skills and apply machine learning in economic research. or Data Analysts: Suited for data analysts seeking to specialize in economic analysis, combining econometrics and machine learning techniques. or Economists: Valuable for practicing economists aiming to modernize their skills, leverage data-driven approaches, and make informed policy recommendations. or Research Professionals: Beneficial for researchers and professionals in economics, finance, and related fields who want to integrate advanced data analysis techniques. or Policy Makers: Useful for policymakers interested in data-driven insights to design effective economic policies and understand their potential impact. or Academic Researchers: Appropriate for researchers and academics exploring interdisciplinary studies at the intersection of economics and machine learning. or Data Science Enthusiasts: Suitable for individuals with a strong interest in data science and its applications in economic analysis. or Prerequisite-Knowledge Seekers: Designed for learners looking to bridge their econometrics and machine learning expertise. It is particularly useful for Economics Students: Ideal for undergraduate and graduate economics students aiming to enhance analytical skills and apply machine learning in economic research. or Data Analysts: Suited for data analysts seeking to specialize in economic analysis, combining econometrics and machine learning techniques. or Economists: Valuable for practicing economists aiming to modernize their skills, leverage data-driven approaches, and make informed policy recommendations. or Research Professionals: Beneficial for researchers and professionals in economics, finance, and related fields who want to integrate advanced data analysis techniques. or Policy Makers: Useful for policymakers interested in data-driven insights to design effective economic policies and understand their potential impact. or Academic Researchers: Appropriate for researchers and academics exploring interdisciplinary studies at the intersection of economics and machine learning. or Data Science Enthusiasts: Suitable for individuals with a strong interest in data science and its applications in economic analysis. or Prerequisite-Knowledge Seekers: Designed for learners looking to bridge their econometrics and machine learning expertise.
Enroll now: Unlocking Insights: Machine Learning in Econometrics
Summary
Title: Unlocking Insights: Machine Learning in Econometrics
Price: $44.99
Average Rating: 2
Number of Lectures: 54
Number of Published Lectures: 54
Number of Curriculum Items: 54
Number of Published Curriculum Objects: 54
Original Price: $19.99
Quality Status: approved
Status: Live
What You Will Learn
- Understand Econometric Foundations: Grasp core concepts, models, and techniques in econometrics for data-driven economic analysis.
- Apply Statistical Methods: Apply regression analysis, time series modeling, and hypothesis testing to real-world economic datasets.
- Integrate Machine Learning: Explore the fusion of ML techniques with econometrics for enhanced predictive modeling and policy insights.
- Handle Economic Data: Learn data preprocessing, normalization, and handling outliers in economic datasets.
- Predict Economic Trends: Build predictive models to forecast economic trends, aiding informed decision-making.
- Ethical Data Usage: Understand ethical considerations and responsible use of data in economic analyses.
- Future Trends Awareness: Stay updated on emerging trends, like AI-driven economics, shaping the future of the field.
Who Should Attend
- Economics Students: Ideal for undergraduate and graduate economics students aiming to enhance analytical skills and apply machine learning in economic research.
- Data Analysts: Suited for data analysts seeking to specialize in economic analysis, combining econometrics and machine learning techniques.
- Economists: Valuable for practicing economists aiming to modernize their skills, leverage data-driven approaches, and make informed policy recommendations.
- Research Professionals: Beneficial for researchers and professionals in economics, finance, and related fields who want to integrate advanced data analysis techniques.
- Policy Makers: Useful for policymakers interested in data-driven insights to design effective economic policies and understand their potential impact.
- Academic Researchers: Appropriate for researchers and academics exploring interdisciplinary studies at the intersection of economics and machine learning.
- Data Science Enthusiasts: Suitable for individuals with a strong interest in data science and its applications in economic analysis.
- Prerequisite-Knowledge Seekers: Designed for learners looking to bridge their econometrics and machine learning expertise.
Target Audiences
- Economics Students: Ideal for undergraduate and graduate economics students aiming to enhance analytical skills and apply machine learning in economic research.
- Data Analysts: Suited for data analysts seeking to specialize in economic analysis, combining econometrics and machine learning techniques.
- Economists: Valuable for practicing economists aiming to modernize their skills, leverage data-driven approaches, and make informed policy recommendations.
- Research Professionals: Beneficial for researchers and professionals in economics, finance, and related fields who want to integrate advanced data analysis techniques.
- Policy Makers: Useful for policymakers interested in data-driven insights to design effective economic policies and understand their potential impact.
- Academic Researchers: Appropriate for researchers and academics exploring interdisciplinary studies at the intersection of economics and machine learning.
- Data Science Enthusiasts: Suitable for individuals with a strong interest in data science and its applications in economic analysis.
- Prerequisite-Knowledge Seekers: Designed for learners looking to bridge their econometrics and machine learning expertise.
One of the most valuable skills for the future will be unlocking insights from data. Often, practitioners are experts in machine learning oreconometrics, but not both. However, having at least a basic understanding of the concepts in both econometrics and machine learning will allow practitioners to unlock data insights to the fullest extent. This course is designed to be a first step in bridging the gap between the two fields. Those fluent in machine learning will benefit from examples of econometric thinking, and econometricians will benefit from discussions of machine learning concepts.
In this course, I will discuss the key concepts at the intersection of machine learning and econometrics. I will start by comparing and contrasting the two fields, then I will move into basic data handling skills, then I will discuss keys to exploratory data analysis, and end with a segment on using regression in a machine learning context to make economic predictions. I will give Python code examples for some concepts, and work through a basic case study predicting the economic growth of different countries around the world. This is an introductory course that provides overviews and summaries of the most important ideas, in future courses I will dig deeper into individual concepts – feel free to message me with suggestions!
Course Curriculum
Chapter 1: Introduction to Machine Learning in Econometrics
Lecture 1: Section 1 Overview
Lecture 2: Evolution of Machine Learning and its Role in Econometrics
Lecture 3: Applications of Machine Learning in Economics and Finance
Lecture 4: The Synergy of Traditional and Modern Approaches
Lecture 5: Key Concepts: Supervised, Unsupervised, and Reinforcement Learning
Lecture 6: Challenges and Opportunities in Integrating ML with Econometrics
Lecture 7: Introduction to Relevant Machine Learning Algorithms
Lecture 8: Ethical Considerations in Data-Driven Economic Analysis
Lecture 9: Balancing Model Complexity and Interpretability
Lecture 10: Evaluating Model Performance in Econometric Context
Lecture 11: Future Trends in Machine Learning for Economic Insights
Chapter 2: Data Preprocessing and Cleaning for ML in Econometrics
Lecture 1: Section 2 Overview
Lecture 2: Types of Economic and Financial Data
Lecture 3: Data Collection and Preprocessing Techniques
Lecture 4: Handling Missing Data and Imputation Methods
Lecture 5: Normalization and Standardization of Economic Variables
Lecture 6: Feature Engineering for Enhanced Econometric Analysis
Lecture 7: Feature Engineering for Enhanced Econometric Analysis – part 2
Lecture 8: Time-Series Data Handling and Temporal Patterns
Lecture 9: Incorporating External Data for Improved Predictions
Lecture 10: Addressing Outliers and Data Anomalies
Lecture 11: Data Quality Assurance in Economic ML Models
Lecture 12: Building a Clean and Structured Economic Dataset
Chapter 3: Exploratory Data Analysis for Economic Insights
Lecture 1: Section 3 Overview
Lecture 2: Descriptive Statistics and Data Distributions in Economics
Lecture 3: Visualizing Economic Time-Series Data
Lecture 4: Identifying Correlations and Relationships in Economic Variables
Lecture 5: Cluster Analysis for Segmentation of Economic Data
Lecture 6: Detecting Seasonal Patterns and Cycles
Lecture 7: Interactive Data Visualization for Economic Interpretation
Lecture 8: Mapping Economic Trends Using Geographic Data
Lecture 9: Time-Series Decomposition and Components Analysis
Lecture 10: Outlier Detection in Economic Time-Series
Lecture 11: Extracting Insights from Exploratory Analysis in Economics
Lecture 12: Extracting Insights from Exploratory Analysis in Economics – Part 2
Chapter 4: Regression Analysis and Prediction in Economics
Lecture 1: Regression Models for Economic Analysis
Lecture 2: Regression Models for Economic Analysis – part 2
Lecture 3: Linear Regression and its Assumptions
Lecture 4: Linear Regression in Python
Lecture 5: Ridge and Lasso Regression in Economic Context
Lecture 6: Ridge and Lasso Implementation Strategies
Lecture 7: Ridge and Lasso in Python
Lecture 8: Evaluation Metrics for Economic Regression Models
Lecture 9: Model Interpretation and Feature Importance
Lecture 10: Model Interpretation and Feature Importance – Part 2
Lecture 11: Combining Econometric and Machine Learning Approaches
Lecture 12: Combining Econometric and Machine Learning Approaches – Part 2
Lecture 13: Combining Econometric and Machine Learning Approaches – Part 3
Lecture 14: Combining Econometric and Machine Learning Approaches in Python
Lecture 15: Prediction and Forecasting Using Regression Models
Lecture 16: Prediction and Forecasting Using Regression Models – Part 2
Lecture 17: Regularization Techniques in Economic ML Models
Lecture 18: Regularization Techniques in Economic ML Models – Part 2
Lecture 19: Case Study: Building a Regression Model for Economic Forecasting
Instructors
-
Grant Gannaway
Instructor at Udemy
Rating Distribution
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- 2 stars: 0 votes
- 3 stars: 1 votes
- 4 stars: 0 votes
- 5 stars: 0 votes
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