Special Courses

Training Course: Economic Data Analysis


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SC236225

22 - 26 Dec 2025

Madrid (Spain)

Hotel : Pestana CR7 Gran Vía

Cost : 6000 € Euro

Introduction

Economic data analysis is essential for policymakers, business leaders, researchers, and analysts who seek to make evidence-based decisions. This program equips participants with the skills to collect, process, interpret, and visualize economic data to uncover trends, evaluate policies, and forecast outcomes. Participants will explore statistical tools, econometric techniques, and modern data visualization methods, applying them to real-world economic challenges.

Target Audience

  • Economists and financial analysts

  • Policy advisors and researchers

  • Business strategy and planning professionals

  • Academic and postgraduate students in economics or finance

  • Professionals working in government, NGOs, and international organizations

Objectives

By the end of the program, participants will be able to:

  1. Understand different types and sources of economic data.

  2. Apply statistical and econometric techniques for data analysis.

  3. Interpret economic indicators to support decision-making.

  4. Utilize modern tools for economic data visualization.

  5. Develop evidence-based economic reports and forecasts.

Outlines

Day 1:

Fundamentals of Economic Data

  • Types of economic data: micro, macro, time series, and panel data

  • Key economic indicators (GDP, CPI, unemployment rate, trade balance, etc.)

  • Data sources: national statistical agencies, international organizations, and private databases

  • Data quality assessment and cleaning techniques

  • Case study: Interpreting recent national economic statistics

Day 2:

Statistical Tools for Economic Analysis

  • Descriptive statistics: measures of central tendency and dispersion

  • Correlation and causation in economics

  • Probability distributions relevant to economic data

  • Hypothesis testing in economic research

  • Practical exercises using Excel or statistical software

Day 3:

Introduction to Econometrics

  • Basics of regression analysis and model building

  • Simple and multiple linear regression in economic contexts

  • Identifying multicollinearity, autocorrelation, and heteroskedasticity

  • Application of econometric models to real economic data

  • Interpreting regression outputs for policy and business decisions

Day 4:

Economic Forecasting and Modeling

  • Time series analysis and trend detection

  • Moving averages, exponential smoothing, and ARIMA models

  • Using leading and lagging indicators for forecasting

  • Scenario analysis and sensitivity testing

  • Hands-on exercise: Building a simple GDP growth forecast

Day 5:

Data Visualization and Reporting for Economics

  • Principles of effective economic data visualization

  • Tools: Excel, Tableau, Power BI for economic dashboards

  • Combining charts, maps, and tables for clarity

  • Writing economic reports for policymakers and stakeholders

  • Final group project: Presenting an economic analysis report

Special Courses

Training Course: Economic Data Analysis


Register Now
Quick Inquiry
Discount Group Download Brochure  

SC236225

22 - 26 Dec 2025

Madrid (Spain) - Pestana CR7 Gran Vía

Hotel : Pestana CR7 Gran Vía

Cost: 6000 € Euro


  About Madrid

Madrid is a city that combines its enduring history with its cosmopolitan atmosphere to create a destination that favored amongst tourists from around the world. This is a city that is very much bursting at the seams with life and its vibrant atmosphere, cultural attractions and connection with history ensure travelers have everything they could possibly want from a European city break. At the end of a flight to Madrid, there are sites to see, picturesque streets to roam and, of course, excellent shopping opportunities to explore. Visitors can immerse themselves in Madrid's fantastic local culture, its peerless art scene and world acclaimed fine dining. In fact, there is very little that Madrid doesn't have to offer.


  Things to do and places to visit in Madrid

The only problem travelers will encounter during their visit to Madrid is knowing what to do first. Sampling the mouth-watering tapas, strolling through one of the many excellent museums or even simply soaking up the atmosphere are all excellent options. Spend a sunny day wandering through the splendid squares or marvel at the intricate architecture of the churches.With so many options, flights to Madrid are great for people of any age or inclination.

When visiting Madrid, be sure to:

  • See the superb collection of art is the Museo del Prado.
  • Stroll down the Gran Via.
  • Enjoy the atmosphere of the Plaza Mayor.
  • Wander through the stunning gardens of the Parque del Buen Retiro.
  • See the beautiful mansion of the Museo Lazaro Galdiano.
  • Find quirky fashions in the Fuencarral market.
  • Try some of the many different tapas dishes.
  • Visit the statues of Don Quixote and Sancho Panza in the Plaza de Espana.
  • See the breathtaking Basilica de San Francisco El Grande.
  • Wander the Casa de Campo park, which is five times the size of Central Park.
  • Shop in the luxury boutiques of the Golden Mile.
  • Look for bargains at the El Rasto flea market.
  • See Picasso's Guernica in the Reina Sofia museum.
  • Snack on churros with chocolate.
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