ECON 32400Fndn Business Data Analytics

Catalog

P: ECON 27000 or STAT 12500 or STAT 30100 with grade of C- or better, or departmental approval; and sophomore or higher class standing. An introduction to several core concepts and techniques of business data analytics, a field that is broadly defined as the process of using data to create insights for better decisions. The course covers three types of analytical methods and models. Descriptive analytics focuses on using data to describe what has already happened. Predictive analytics focuses on using data to explore relationships between variables and predict what may happen in the future. Prescriptive Analytics focuses on using optimization and simulation to indicate what course of action to take.