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Econometrics Pedagogy and Cloud Computing: Training the Next Generation of Economists and Data Scientists

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Listed:
  • Handel Danielle V.
  • Jacho-Chávez David T.
  • Rea Carson H.

    (Department of Economics, Emory University, Rich Building 306, 1602 Fishburne Dr., Atlanta, GA, 30322-2240, USA)

  • Ho Anson T. Y.

    (Ted Rogers School of Management, Ryerson University, 55 Dundas Street West, Toronto, ON, M5G 2C3, Canada)

  • Huynh Kim P.

    (Bank of Canada, 234 Wellington Ave., Ottawa, ON, K1A 0G9, Canada)

Abstract

This paper describes how cloud computing tools widely used in the instruction of data scientists can be introduced and taught to economics students as part of their curriculum. The demonstration centers around a workflow where the instructor creates a virtual server and the students only need Internet access and a web browser to complete in-class tutorials, assignments, or exams. Given how prevalent cloud computing platforms are becoming for data science, introducing these techniques into students’ econometrics training would prepare them to be more competitive when job hunting, while making instructors and administrators re-think what a computer laboratory means on campus.

Suggested Citation

  • Handel Danielle V. & Jacho-Chávez David T. & Rea Carson H. & Ho Anson T. Y. & Huynh Kim P., 2021. "Econometrics Pedagogy and Cloud Computing: Training the Next Generation of Economists and Data Scientists," Journal of Econometric Methods, De Gruyter, vol. 10(1), pages 89-102, January.
  • Handle: RePEc:bpj:jecome:v:10:y:2021:i:1:p:89-102:n:5
    DOI: 10.1515/jem-2020-0012
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    References listed on IDEAS

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    1. Jennifer Bryan, 2018. "Excuse Me, Do You Have a Moment to Talk About Version Control?," The American Statistician, Taylor & Francis Journals, vol. 72(1), pages 20-27, January.
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      More about this item

      Keywords

      virtual online learning; Jupyter; GitHub; Python; R; Stata;
      All these keywords.

      JEL classification:

      • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
      • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
      • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate
      • C87 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Econometric Software
      • C88 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other Computer Software

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