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Procurement & logistics management

Procurement and Logistics Management is at the forefront of learning statistical methods for analyzing data collected from uncontrolled sources and harness it for management purposes. Since econometrics addresses challenges in estimation such as sample selection bias and treatment effects identification, the discipline is well-suited for the analysis of large and unsystematically collected business datasets. This course introduces statistical learning methods, which have been developed for analyzing business figures and information but which have only recently been implemented in economic research. The course also explores how econometrics and statistical learning methods cross-fertilize and can be used to advance knowledge in the numerous domains where large volumes of data are rapidly accumulating.

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