Review Details

Data Science in Economics and Finance for Decision Makers

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Product Review (submitted on 1 March 2021):

"Information is the new asset defining the way the global economy works. It is an asset that can be monetised and has great potential for socio-economic benefits. Open data sharing in a protected environment can boost innovation, benefiting consumers, businesses and policy makers. The information revolution provides a key opportunity to make better policies based on quantitative evidence. This is particularly relevant in economics and finance. Even though much remains to be done, public authorities have made huge efforts in the recent decade to better understand and act on the basis of this new information. Making sense of the wealth of available data, connecting the dots instead of merely collecting them, is the key challenge. Data Science in Economics and Finance for Decision Makers is a welcome book, shedding light on these complex issues. It provides a clear and comprehensive overview of the opportunities offered by data science, drawing from concrete use cases. Practical. Accessible Insightful. A must-read."