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2023/2024  BA-BPOLO2010U  Quantitative Methods for Business and Social Science

English Title
Quantitative Methods for Business and Social Science

Course information

Language English
Course ECTS 7.5 ECTS
Type Mandatory (also offered as elective)
Level Bachelor
Duration One Semester
Start time of the course Autumn
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for BSc/MSc i International Business and Politics, BSc
Course coordinator
  • Benjamin Carl Krag Egerod - Department of International Economics, Goverment and Business (EGB)
  • Yumi Park - Department of International Economics, Goverment and Business (EGB)
Main academic disciplines
  • Statistics and quantitative methods
Teaching methods
  • Blended learning
Last updated on 23-11-2023

Relevant links

Learning objectives
  • Identify and select adequate quantitative approaches to analyze different social research problems.
  • Summarize and illustrate the differences between experimental and observational studies employed within business and social sciences.
  • Demonstrate critical assessment skills regarding measurement choices for important social, political, and business concepts, such as discrimination, trust, corruption among others.
  • Identify and evaluate the assumptions behind the statistical methods introduced in the course.
  • Discuss the fundamentals of statistical inference and carry out null hypothesis testing.
  • Apply multiple regression analysis to social science and business datasets (country and individual level) and interpret the specific results including coefficients, standard errors, p-values, etc.
  • Be able to use statistical software (R) to generate results that are used as empirical supporting information to meet the preceding objectives and offer substantive interpretation of software output.
Examination
Quantitative Methods for Business and Social Science:
Exam ECTS 7,5
Examination form Home assignment - written product
Individual or group exam Individual exam
Size of written product Max. 10 pages
Assignment type Written assignment
Release of assignment The Assignment is released in Digital Exam (DE) at exam start
Duration 72 hours to prepare
Grading scale 7-point grading scale
Examiner(s) One internal examiner
Exam period Winter
Make-up exam/re-exam
Same examination form as the ordinary exam
A new exam assignment must be answered. This applies to all students (failed, ill, or otherwise)
Course content, structure and pedagogical approach

The course provides students with theoretical and applied knowledge about statistical and quantitative methods in business and social science at an introductory and intermediate level. On completion of the course, the student should be able to understand the methods introduced in the course and apply them to specific research problems. The course introduces students to causal inference, basic statistical analysis, and multiple regression analysis. The course consists of a mix of lectures and exercises. Throughout the course we will follow an applied, hands-on approach relying on software implementation in parallel of the theoretical work.

 

Blended learning: A short video walk-through of the software solutions will be made available prior to some exercises. Students can review those and compare with their own solutions. In such a manner, the exercises can focus on interpretation, discussion, and additional extensions.

 

Please note: This course uses an applied approach and thus we rely throughout the whole course and in the examination on software use (R). Beyond the software examples in the applied textbook, students will receive a thorough introduction to the software in the early stages of the course, early stage exercise supporting materials, and have the possibility to work on parallel homework tasks.

 

In relation to Nordic Nine

In business, public policy and the non-governmental sector, the demand for data-based decision-making is stronger than ever. In this class, students learn to meet this demand through a number of Nordic Nine (NN) capabilities. At the most fundamental level, we will learn how to work with data (NN2) in a way that will help enable us to understand the societal context of business (NN1) and, ultimately, resolve the challenges facing societies (NN3). Students will practice to think critically and analytically about social science research (NN6). Moreover, students work collaboratively with data analytics, collectively teaching and learning from each other (NN8).

Description of the teaching methods
Lectures, exercise classes, feedback session, and supporting video materials
Feedback during the teaching period
We will offer in-class feedback in a dedicated format for the mandatory activity, with prior collection of focal points and queries from students, emphasising areas that need further study and work. Solutions for the mandatory activity will also be posted in a video format, including a walkthrough of the solution. In addition, we encourage you to ask questions or make comments in class and form self-study groups to secure peer feedback on your work. We will also use online forums to further offer answers to questions regarding lecture and exercise content and also office hours for specific inquires, although these can never be a substitute for participation in lectures and classes.
Student workload
Preparation time (readings and coding for lectures, exercises, activities) 160 hours
Lectures, class exercises etc. 44 hours
Exam (actual exam period) 48 hours
Expected literature

Kosuke, Imai (2017/2018). Quantitative Social Science: An Introduction. Princeton: Princeton University Press.

Last updated on 23-11-2023