A Hands-On Machine Learning Primer for Social Scientists: Math, Algorithms and Code
Nikos Askitas () and
Nikolaos Askitas
No 11353, CESifo Working Paper Series from CESifo
Abstract:
This paper addresses the steep learning curve in Machine Learning faced by non-computer scientists, particularly social scientists, stemming from the absence of a primer on its fundamental principles. I adopt a pedagogical strategy inspired by the adage ”once you understand OLS, you can work your way up to any other estimator,” and apply it to Machine Learning. Focusing on a single-hidden-layer artificial neural network, the paper discusses its mathematical underpinnings, including the pivotal Universal Approximation Theorem—an essential ”existence theorem”. The exposition extends to the algorithmic exploration of solutions, specifically through “feed forward” and “back-propagation”, and rounds up with the practical implementation in Python. The objective of this primer is to equip readers with a solid elementary comprehension of first principles and fire some trailblazers to the forefront of AI and causal machine learning.
Keywords: machine learning; deep learning; supervised learning; artificial neural network; perceptron; Python; keras; tensorflow; universal approximation theorem (search for similar items in EconPapers)
JEL-codes: C00 C01 C60 C87 (search for similar items in EconPapers)
Date: 2024
New Economics Papers: this item is included in nep-big and nep-cmp
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https://www.cesifo.org/DocDL/cesifo1_wp11353.pdf (application/pdf)
Related works:
Working Paper: A Hands-on Machine Learning Primer for Social Scientists: Math, Algorithms and Code (2024) 
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_11353
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