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  • Book
  • © 2015

An Introduction to R for Quantitative Economics

Graphing, Simulating and Computing

Authors:

  • Introduces the free software R, using its cutting edge interface, R Studio, aimed at economists

  • Starts from simpler topics such as supply and demand and elasticity and goes on to more advanced ones such as simulations of fishing and the Solow growth model

  • Provides information on how to visualize data, which is an important practice stressed by statisticians who have developed and use R

  • Conveys the essentials of graphing, simulating and computing, to build skills with numerical mathematics and data analysis

  • Includes supplementary material: sn.pub/extras

Part of the book series: SpringerBriefs in Economics (BRIEFSECONOMICS)

Buying options

eBook USD 59.99
Price excludes VAT (USA)
  • ISBN: 978-81-322-2340-5
  • Instant PDF download
  • Readable on all devices
  • Own it forever
  • Exclusive offer for individuals only
  • Tax calculation will be finalised during checkout
Softcover Book USD 74.99
Price excludes VAT (USA)

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Table of contents (14 chapters)

  1. Front Matter

    Pages i-xv
  2. Introduction

    • Vikram Dayal
    Pages 1-6
  3. R and RStudio

    • Vikram Dayal
    Pages 7-14
  4. Getting Data into R

    • Vikram Dayal
    Pages 15-18
  5. Supply and Demand

    • Vikram Dayal
    Pages 19-25
  6. Functions

    • Vikram Dayal
    Pages 27-38
  7. The Cobb-Douglas Function

    • Vikram Dayal
    Pages 39-43
  8. Matrices

    • Vikram Dayal
    Pages 45-50
  9. Statistical Simulation

    • Vikram Dayal
    Pages 51-58
  10. Anscombe’s Quartet: Graphs Can Reveal

    • Vikram Dayal
    Pages 59-63
  11. Evaluating Training

    • Vikram Dayal
    Pages 75-83
  12. The Solow Growth Model

    • Vikram Dayal
    Pages 85-92
  13. Simulating Random Walks and Fishing Cycles

    • Vikram Dayal
    Pages 93-100
  14. Basic Time Series

    • Vikram Dayal
    Pages 101-109

About this book

This book gives an introduction to R to build up graphing, simulating and computing skills to enable one to see theoretical and statistical models in economics in a unified way. The great advantage of R is that it is free, extremely flexible and extensible. The book addresses the specific needs of economists, and helps them move up the R learning curve. It covers some mathematical topics such as, graphing the Cobb-Douglas function, using R to study the Solow growth model, in addition to statistical topics, from drawing statistical graphs to doing linear and logistic regression. It uses data that can be downloaded from the internet, and which is also available in different R packages. With some treatment of basic econometrics, the book discusses quantitative economics broadly and simply, looking at models in the light of data. Students of economics or economists keen to learn how to use R would find this book very useful.

Keywords

  • Applied Econometrics
  • Quantitative Economics
  • R Software
  • Simulation
  • Visualizing Data

Authors and Affiliations

  • Institute of Economic Growth (IEG), Delhi, India

    Vikram Dayal

About the author

Vikram Dayal is an Associate Professor at the Institute of Economic Growth, Delhi. He is the author of the book titled The Environment in Economics and Development: Pluralist Extensions of Core Economic Models, published in the SpringerBriefs in Economics series in 2014. In 2009 he co-edited the Oxford Handbook of Environmental Economics in India with Professor Kanchan Chopra. He has been incorporating the use of software in teaching quantitative economics—his  open access notes on Simulating to understand mathematics for economics with Excel and R are downloadable at http(colon)(double back slash)textbookrevolution(dot)org. His research on a range of environmental and developmental issues from outdoor and indoor air pollution in Goa, India to tigers and Prosopis juliflora in Ranthambhore National Park has been published in a variety of journals. He visited the Workshop in Political Theory and Policy Analysis in Bloomington, Indiana as a SANDEE (South Asian Network for Development and Environmental Economics) Partha Dasgupta Fellow in 2011. He studied economics in India and the USA and did his doctoral degree from the University of Delhi.


  

Bibliographic Information

Buying options

eBook USD 59.99
Price excludes VAT (USA)
  • ISBN: 978-81-322-2340-5
  • Instant PDF download
  • Readable on all devices
  • Own it forever
  • Exclusive offer for individuals only
  • Tax calculation will be finalised during checkout
Softcover Book USD 74.99
Price excludes VAT (USA)