Python for economists
Why should economists learn how to code python?
The digital age and data revolution have broadened the appeal of data science methods in both the private sector and academic research. Our modern economy becomes increasingly digitised, while larger computing power and novel data sources provide new opportunities to investigate economic relationships.
As a starting point, python programming is particularly apt for research topics surrounding financial and social networks, as well as heterogeneous agent modelling. In addition, it provides powerful data management, visualisation, econometrics, automation tools and serves as easy gateway to more general machine learning applications. Python loves BiG data!