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> Data Analysis for Business, Economics, and Policy

Data Analysis for Business, Economics, and Policy


Gábor Békés, Central European University, Vienna and Budapest, Gábor Kézdi, University of Michigan, Ann Arbor
Published 2021


This textbook provides future data analysts with the tools, methods, and skills needed to answer data-focused, real-life questions; to carry out data analysis; and to visualize and interpret results to support better decisions in business, economics, and public policy. Data wrangling and exploration, regression analysis, machine learning, and causal analysis are comprehensively covered, as well as when, why, and how the methods work, and how they relate to each other. As the most effective way to communicate data analysis, running…

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Key features

  • Provides students with a clear explanation of data analysis, as one third of the book consists of running case studies that develop the data analysis process logically through the book by using real-world scenarios and data
  • Fills an important and growing niche between technical econometrics books and more basic business analytics texts
  • Ideal for students who do not want to take more econometrics courses but would rather gain hands-on experience of working with real data. Suitable for non-PhD track students in economics and business
  • Coding language neutral. The text does not include code in any language, and hence, may be used in a variety of settings
  • Uses R and Stata and Python to teach methods, a far more useful and industry relevant approach than the spreadsheet programs used by most business analytics books
  • Full suite of ancillaries, including code and data used in case studies that have been carefully curated to match the printed text

About the book

  • DOI
  • Subjects Econometrics and Mathematical Methods,Economics
  • Format: Hardback
    • Publication date: 06 May 2021
    • ISBN: 9781108483018
    • Dimensions (mm): 246 x 189 mm
    • Weight: 1.76kg
    • Page extent: 730 pages
    • Availability: Available
  • Format: Paperback
    • Publication date: 06 May 2021
    • ISBN: 9781108716208
    • Dimensions (mm): 246 x 189 mm
    • Weight: 1.59kg
    • Page extent: 738 pages
    • Availability: Available
  • Format: Digital
    • Publication date: 30 April 2021
    • ISBN: 9781108591102

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Behind the Book — Interview with Gábor Békés

Read author, Gábor Békés' interview in CEU Economic Threads

Podcasts: Interviews with Gábor Békés

The Mixtape with Scott : Listen to Gábor Békés discuss his book, Data Analysis for Business, Economics, and Policy, and themes around Hungary, Communism, textbooks, data science, regime change, and his own personal journey.

Million Dollar Stories : Decoding Data: Insights from Gábor Békés on Business, Economics, and Policy

Prospero Könyvei : Gábor Békés discusses his book, Data Analysis for Business, Economics, and Policy, on the Prospero Könyvpiaci Podcast (note, the podcast is in Hungarian).

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