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The role of data science is increasingly indispensable in modern economic analysis. According to Rezzy Eko Caraka, a National Research and Innovation Agency (BRIN) researcher and Research Professor at Chaoyang University of Technology, Taiwan, mastery of data science is an essential foundation for evidence-based research and public policy.
“The first step in mastering data science is to learn machine learning, which begins with mastering the basics of statistics and programming for data processing,” he explained.
At the I GET CODE 2025 Conference organised by the Association of Master’s Students in Development Economics (HIMMEP) FEB UGM on Saturday (23/8), Rezzy said that after learning machine learning, researchers can determine the focus of their studies, both in the micro and macro domains, with the support of econometrics to build and analyse models.