Integrating R and Python into an applied econometrics course

Authors

  • Lucía Carolina Varela Universidad Abierta Interamericana

DOI:

https://doi.org/10.52041/iase2023.502

Abstract

The digital transformation and the rapidly changing demands for technology skills represent challenges that traditional higher education faces today. However, due to Argentinian universities’ oversight, undergraduate students do not develop coding competencies to perform complex statistical analyses of datasets. This study considers an Information and Communication Technology approach that sought to integrate R and Python into an Econometrics course by merging theoretical concepts with applied aspects in a backward design course while blending technology and multimedia resources with active learning in a flipped-format classroom. This empirical research aims to explore to what extent the strategy deployed was a relevant and impactful means for developing students´ coding skills needed to perform econometric analysis. Students´ final empirical assignments show that, by the end of the course, they were able to solve real-world data challenges working with programming languages in R Markdown documents and in the RStudio Integrated Development Environment.

References

Anderson, L. & Krathwohl, D. (2001). A Taxonomy for Learning, Teaching, and Assessing: A Revision of Bloom's Taxonomy of Educational Objectives. New York: Addison Wesley Longman, Inc.

Bergmann, J. & Sams, A. (2012). Flip Your Classroom: Reach Every Student in Every Class Every Day. Washington DC: International Society for Technology in Education.

Bloom, B. (1956). Taxonomy of educational objectives: Handbook I, The cognitive domain. New York: David McKay & Co.

Gujarati, D. & Porter, D. (2010). Basic Econometrics (5th ed.). New York: McGraw-Hill.

Prince, M. (2004). Does Active Learning Work? A Review of the Research. Journal of Engineering

Education, 93(3), 223-231. http://dx.doi.org/10.1002/j.2168-9830.2004.tb00809.x

Wiggins, G. & McTighe, J. (2005). Understanding by design (2nd ed.). Alexandria, VA: Association for Supervision and Curriculum Development.

Downloads

Published

2024-03-29

Conference Proceedings Volume

Section

Topic 5: Achieving Coding Competencies in Data Science Students