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Data Literacy In Economic Development, Simon Halliday
Data Literacy In Economic Development, Simon Halliday
Economics: Faculty Publications
In economic development and other economics electives, students regularly encounter economic measures of absolute and relative deprivation, from poverty measures like the Foster-Greer-Thorbecke index to measures of distribution like the Gini index. By “doing economics,” students practice applying economic measurement to real-world data and develop more general data literacy. The author proposes a series of exercises starting with stylized 10-household economies, proceeding to nationally representative cross-sectional surveys using MS Excel or Google Spreadsheets, and culminating in students applying their acquired data literacy to a team project. The data sources are easily tailored to alternative household surveys in low- and middle-income …