Data Analysis for Economics and Business

Course objectives

The course provides the fundamental practical and methodological skills for data analysis in an economic and business context, using the R programming language. Starting from acquiring the operational skills to use the RStudio environment, students learn to manage the entire data workflow: from importing and cleaning datasets to exploring data through descriptive statistics, and finally to creating effective visualizations. The strongly applied training path guides students in organizing data into appropriate structures (vectors, matrices, data frames), calculating summary measures (central tendency, variability, percentiles), selecting and transforming variables, and graphically representing information through histograms, boxplots, bar charts, and scatterplots. The goal is to develop an analytical mindset and the autonomy needed to tackle simple yet concrete descriptive analysis projects, laying the groundwork for learning more advanced statistical techniques.

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ROBERTA DI STEFANO Lecturers' profile

Program - Frequency - Exams

Course program
1. Installing and getting started with R Download and setup of R and RStudio Console, scripts and workspace Using help and basic packages 2. Fundamental data structures Vectors, matrices, data frames and lists Importing files Selecting and transforming variables 3. Basic descriptive statistics Types of variables and data structure Mean, median, variance, standard deviation Minimum, maximum, percentiles 4. Data visualization Histograms Boxplots Bar charts Basic scatterplots 5. Standardization and simple transformations Creating new variables Standardizing data Introduction to frequency tables
Prerequisites
No formal prerequisites are required. A basic familiarity with computer use and elementary concepts of mathematics may be helpful but is not mandatory.
Books
Teaching materials (slides, exercises, datasets and R script) will be provided during the course.
Frequency
Class attendance is highly recommended.
Exam mode
The exam consists of a written test with multiple-choice questions and open-ended questions on R and the descriptive statistics covered in class. Some questions may involve interpreting R code or output, without requiring the use of a computer during the exam.
Lesson mode
Classes will be based on an in-person type of teaching. A mixed-use of presentations, board and statistical software will be adopted.
  • Lesson codeAAF2452
  • Academic year2025/2026
  • CourseEconomics and Finance
  • CurriculumEconomics and Finance (in lingua inglese)
  • Year1st year
  • Semester2nd semester
  • CFU3