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What is Computational Macroeconomics

Applied Big Data Analytics and Its Role in COVID-19 Research
A research subject that involves computational tools to solve macroeconomic problems.
Published in Chapter:
Big Data Thinking of Economy, Investment, and Business in COVID-19
Copyright: © 2022 |Pages: 30
DOI: 10.4018/978-1-7998-8793-5.ch012
Abstract
The COVID-19 pandemic has disrupted the global economy and has changed lifestyles. Stock markets crashed in the early stage of the pandemic in the United States. Small businesses have been affected by COVID-19, and the impact will remain for a while. It is highly uncertain in making formulation of right decisions with the evolution of the disease and its variants. Pandemic impacts are hidden behind the complex social system, which can be uncovered by using big data analytics. In this chapter, a systematic survey is given based on current studies in regards to pandemic-related social and economic changes using big data analytics by incorporating economic development, investment management, and business operation issues. This chapter provides a way of big data thinking for research communities, economic policymakers, and individuals to understand economics and social science in the context of COVID-19 and the post-pandemic era.
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