Data Analysis for Business, Economics, and Policy

Interactive HTML Edition

Gábor Békés

Gábor Kézdi

2025-01-01

1 Welcome to the Interactive Data Analysis Textbook

By Gábor Békés & Gábor Kézdi

This is an interactive HTML version of the textbook “Data Analysis for Business, Economics, and Policy” — enhanced with code examples, AI practice tasks, and interactive dashboards.


1.1 📖 About the Textbook

“Data Analysis for Business, Economics, and Policy” teaches:

Target audience: - Undergraduate and graduate students in economics, business, and policy - Data analysts and researchers - Anyone wanting to learn modern data analysis

Approach: - Practical, hands-on learning - Real-world case studies - Emphasis on interpretation and critical thinking - Accessible to students with basic statistics background


1.2 About This Edition

This interactive edition transforms the textbook into an engaging online learning experience:


1.3 📚 Book Structure

1.3.1 PART I: DATA EXPLORATION

Chapter 1: Origins of Data
Coming soon - Data collection, quality, sampling, and ethical issues

Chapter 2: Preparing Data for Analysis
Coming soon - Data cleaning, transformation, and preparation

Chapter 3: Exploratory Data Analysis
Coming soon - Visualization, summarization, and initial insights

Chapter 4: Comparison and Correlation
Coming soon - Comparing groups and measuring associations

Chapter 5: Generalizing from Data
Coming soon - Statistical inference and sampling distributions

Chapter 6: Testing Hypotheses
Coming soon - Hypothesis testing framework and applications


1.3.2 PART II: REGRESSION ANALYSIS

Chapter 7: Simple Regression
Coming soon - Introduction to regression analysis

Chapter 8: Complicated Patterns and Messy Data
Coming soon - Nonlinear patterns and robust methods

Chapter 9: Generalizing Results of a Regression
Coming soon - Statistical inference in regression

Chapter 10: Multiple Linear RegressionLIVE
Understanding associations while controlling for multiple factors

Chapter 11: Modeling Probabilities
Coming soon - Binary outcomes and probability models

Chapter 12: Regression with Time Series Data
Coming soon - Time series patterns and forecasting


📖 Support the Textbook

This interactive HTML edition is a free companion to the full textbook. For the complete experience with all chapters, case studies, and exercises, please consider purchasing the book.

Buy from Cambridge University Press →

1.3.3 PART III: PREDICTION

Chapter 13: A Framework for Prediction
Coming soon - Machine learning fundamentals

Chapter 14: Model Building for Prediction
Coming soon - Feature engineering and model selection

Chapter 15: Regression Trees
Coming soon - Decision trees and CART

Chapter 16: Random Forest and Boosting
Coming soon - Ensemble methods

Chapter 17: Probability Prediction and Classification
Coming soon - Classification problems and metrics

Chapter 18: Forecasting from Time Series Data
Coming soon - Advanced time series forecasting


1.3.4 PART IV: CAUSAL ANALYSIS

Chapter 19: A Framework for Causal Analysis
Coming soon - Causality, confounding, and identification

Chapter 20: Designing and Analyzing Experiments
Coming soon - Randomized controlled trials

Chapter 21: Regression and Matching with Observational Data
Coming soon - Quasi-experimental methods

Chapter 22: Difference-in-Differences
Coming soon - Panel data and policy evaluation

Chapter 23: Methods for Panel Data
Coming soon - Fixed effects and instrumental variables

Chapter 24: Appropriate Control Groups for Panel Data
Coming soon - Synthetic control and advanced methods


1.4 🚀 Getting Started

1.4.1 For Students

  1. Navigate - Use the sidebar to browse chapters and sections
  2. Practice - Work through AI practice tasks for deeper understanding
  3. Code - Click “Open in Codespace” to run code examples
  4. Explore - Try the interactive dashboards (coming soon)

1.4.2 For Instructors

This interactive edition can: - Supplement your course materials - Provide students with hands-on practice - Enable self-paced learning - Track student progress (coming soon)


1.5 🔗 Additional Resources

1.5.1 Main Resources

1.5.2 Learning Tools


1.6 👥 About the Authors

Gábor Békés is Professor of Economics and Data Science at Central European University. His research focuses on firm dynamics, international trade, and data analysis methods.

Gábor Kézdi (1967-2021) was Professor of Economics at the University of Michigan. He made fundamental contributions to econometrics, labor economics, and education policy.


1.7 📊 Current Status

PART I
0 / 6 chapters
In development

PART II
1 / 6 chapters ✅
Ch10 live, others coming

PART III
0 / 6 chapters
Planned

PART IV
0 / 6 chapters
Planned


1.8 📧 Feedback & Contact

We welcome your feedback on this interactive edition!


1.9 📜 License & Citation

Published by Cambridge University Press (2021), all rights reserved

Copyright: © 2025 Gábor Békés & Gábor Kézdi

Citation:

Békés, G., & Kézdi, G. (2021). Data Analysis for Business, Economics, 
and Policy. Cambridge University Press.

Interactive Edition:

Békés, G., & Kézdi, G. (2025). Data Analysis for Business, Economics, 
and Policy: Interactive HTML Edition. https://gabors-data-analysis.com/book/

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Last updated: October 2025