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Influence of Data Analysis Tools in Teaching and Learning Economics

Influence of Data Analysis Tools in Teaching and Learning Economics
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Author(s): C. V. Suresh Babu (Hindustan Institute of Technology and Science, India)and A. Auroshaa (Hindustan Institute of Technology and Science, India)
Copyright: 2024
Pages: 20
Source title: Cases on Economics Education and Tools for Educators
Source Author(s)/Editor(s): Brad Scott (Rowan-Cabarrus Community College, USA)and Melanie E. Fox (Purdue University, USA)
DOI: 10.4018/978-1-6684-7583-6.ch010

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Abstract

In this chapter, the authors outline a plan for implementing CBL in economics education and highlight some of the key tools and resources that can be used to enhance the learning experience. They provide access to data analysis tools for the students that can provide access to data analysis tools such as statistical software packages and online databases. This can enable them to analyze economic data more effectively and develop their data analysis skills. There is the platform to study all types of data analysis tools that may be useful to both educators and students for learning the economics. The chapter emphasizes the importance of conducting a needs assessment, developing digital resources, establishing the necessary technology infrastructure, providing faculty training, and implementing the CBL strategy across all economics courses. The chapter also highlights some of the tools and resources that can be used to support CBL in economics education, including Microsoft Excel, statistical software packages, geographic information systems, and business intelligence (BI) software.

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