Big Data in Economics / Energy

What is the course about:

This course focuses on today's reality - the fact that all Datasets are getting Bigger and Bigger.

Big Data is becoming a big issue because they are reaching a point where these datasets cannot be processed.

In this course, we recognize this reality, by presenting a series of methodologies that enable us to deal with Big Data.

We begin with a 6-step methodology applied to a Big Dataset of Electricity Demand. We reduce it as much as possible,

while retaining the important information held in it.

We then proceed to create a Dummy Big-Dataset. This is necessary because many times companies prefer to conceal some information from inside their datasets.

Also, we proceed to select important information from within Big Data, and present a number of techniques to do so.

We also learn how to transition from small data , to big data, in an  accurate way.

Special Acknowledgements:

To Himalaya Bir Shrestha, energy system analyst, who has been contributing to the development of Python scripts for this course as well as to Medium. 

Important:

• Every detail is explained, so that you won't have to search online, or guess. In the end, you will feel confident in your knowledge and skills.

• We start from scratch so that you do not need to have done any preparatory work in advance at all.  Just follow what is shown on screen, because we go slowly and explain everything in detail.