Why Data Science for Business and Economics?
Information explosion in recent years with the caused by developing technology has made data science a very popular concept, which is aiming to develop fundamentals of statistics science. With the understanding of the importance of data produced by people, firms and countries; the collection, processing and analysis of data for business planning, policy making and forecasting has changed the opinion of many institutions and organizations about data. In the same direction, data science aims to provide firms and policy makers with the ability to make more accurate predictions and make optimal decisions, considering market share, competitiveness, consumer preferences by integrating quantitative calculation and analysis methods. Therefore, data science requires the interconnection of different disciplines such as business, economics, statistics, computer engineering and industrial engineering. As a matter of fact, according to the declaration published in 2018 of the World Economic Forum, which is held regularly every year and which is respected worldwide, data science will be the most demanded profession by companies.
More information under http://sbe.agu.edu.tr/data-science-for-business-and-economics