Big Data: The New Frontier for Economic and Social Insights - Couverture souple

Nina

Couverture souple

ISBN 10 : 338422860X ISBN 13 : 9783384228604

Editeur : Tredition Gmbh, 2024

Synopsis

The age of big data is transforming how we perceive economies. Unlike traditional, lagging indicators, big data offers a real-time pulse. From search engine trends to social media buzz and online transactions, this digital exhaust paints a detailed picture of consumer behavior, industry shifts, and regional variations. Economists can now: - Forecast with greater accuracy: By analyzing vast datasets, economists can identify early warning signs of economic booms or busts. - Target policy effectively: Real-time insights allow policymakers to tailor interventions to specific economic needs. - Uncover hidden patterns: Big data allows for the analysis of complex relationships, revealing previously unseen economic forces. However, big data isn't a silver bullet. Data privacy concerns and the need for sophisticated analytical tools remain hurdles. Yet, by harnessing its power, we can build a more responsive and data-driven economic future.

Détails de l'édition

• Éditeur: Tredition Gmbh
• Date d'édition: 2024
• Langue: anglais
• ISBN 10: 338422860X
• ISBN 13: 9783384228604
• Reliure: Broché
• Nombre de pages: 156
• Coordonnées du fabricant: tredition GmbH; gpsr@tredition.com; ; Heinz-Beusen-Stieg 5; Ahrensburg; 22926; Allemagne