Economic Big Data in Python Projects
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₹1,800.00₹4,500.00 -
₹1,800.00
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₹800.00
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₹1,800.00
₹4,500.00 -
₹800.00
₹4,000.00 -
₹1,800.00
₹4,500.00
Economic Big Data in Python Projects
Abstract
The project “Economic Big Data in Python” focuses on the analysis of large-scale economic datasets to extract meaningful insights for decision-making, forecasting, and policy evaluation. With the rapid increase in digital records, financial transactions, and economic indicators, traditional data processing methods fail to handle the volume, velocity, and variety of economic data. This project uses Python big data frameworks such as PySpark, Dask, Pandas, and Hadoop connectors to perform scalable data preprocessing, feature extraction, and predictive analytics. Machine learning algorithms are integrated to predict economic trends, inflation rates, stock market variations, and consumer behavior. Visualization libraries like Matplotlib, Seaborn, and Plotly help in generating interactive dashboards for better interpretation. The system highlights the role of big data analytics in shaping economic forecasting, business intelligence, and financial planning.
Existing System
Current economic analysis systems often rely on traditional statistical tools and small-scale datasets, which are not sufficient to capture real-time, large-volume data streams. Many government and financial institutions still use conventional econometric models that struggle with non-linear patterns, missing values, and unstructured data (such as social media or transaction logs). These systems lack the ability to integrate multi-source data (financial, demographic, behavioral) and often provide delayed or static reports instead of real-time insights. As a result, they fall short in providing accurate predictions and adaptive solutions for fast-changing economic conditions.
Proposed System
The proposed system introduces a Python-based Economic Big Data Analytics Platform that handles both structured and unstructured datasets for comprehensive analysis. Using distributed computing frameworks like Apache Spark with PySpark, the system can process terabytes of economic records efficiently. Data pipelines clean and integrate multiple sources such as financial transactions, market reports, census data, and social media feeds. Machine learning algorithms like Random Forest, Gradient Boosting, and LSTM networks are applied to predict economic trends, detect anomalies (e.g., fraud detection, stock crashes), and recommend strategies for businesses and policymakers. The results are presented through interactive dashboards built using Flask/Django with Plotly/Dash for web-based visualization. This approach ensures scalability, accuracy, and real-time decision support in economic data analytics.
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₹1,800.00
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₹800.00
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₹1,800.00
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₹4,000.00 -
₹1,800.00
₹4,500.00
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