What is Oxford Economics?

Oxford Economics is a multifaceted entity that comprises a sophisticated software tool designed for economic forecasting and econometric analysis. Utilizing a comprehensive global economic model, the software tool is supported by a team of 300 full-time economists. It is adept at tracking, analyzing, and modeling trends at various levels, including country, industry, and city, hence providing organizations with critical insights to inform their decision-making processes in the face of economic outlooks.

In addition to its software capabilities, Oxford Economics offers a wide array of economic forecasting services. These services range from macroeconomic forecasting to more specialized areas such as cities and regional economic forecasting, industry analysis, and sector-specific studies including travel and tourism, climate change impact, real estate, and construction industry analysis.

Oxford Economics is also involved in data analytics through its subsidiary, Tourism Economics. Based in Wayne, PA, Tourism Economics caters to the tourism sector with consulting services and is currently expanding its data analytics team in response to increasing client demand. This expansion is indicative of the firm’s commitment to providing high-level economics consulting services to a diverse set of clients, including international institutions, governments, and companies.

Oxford Economics Plugins for Excel

Oxford Economics Excel plugins are designed to enhance performance and introduce new features for users who need to access and analyze economic data within Microsoft Excel. These plugins are part of the broader Excel Data Workstation ecosystem, requiring an active subscription to utilize all their functionalities. They are equipped with several features aimed at improving user experience and data handling capabilities.

Plugin Features and Connectivity

The plugins offer GMW Online connectivity and come with built-in Excel dashboards that facilitate the visualization and analysis of different data series. They support various data transformations, including the ability to convert data into Eviews format, and a transpose feature to reshape worksheet data. Post-pull commands are also available, allowing users to customize how data is reshaped upon refresh.

Access Control and Compatibility

Access to the plugins is controlled based on the user's subscription level, ensuring that users have the appropriate level of access to the tools they need. The plugins are compatible with specific versions of Microsoft Windows and Excel, and an active internet connection is required to access the online features.

Installation and User Support

Users can download and install the plugin for the Excel Data Workstation, which is part of the Oxford Economics suite of Excel tools. To ensure a smooth installation process, users are advised to remove or disable older versions of the plugin. A comprehensive user guide is available within the Excel Data Workstation plugin, and training videos are provided to help users understand how to make the most of the Excel Data Workstation's capabilities.

Common Use Cases

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  Creating interactive Excel dashboards to visualize data from the Global Economics Model and Global Industry Databank
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  Automating data retrieval and analysis workflows with new scripting commands for efficiency gains
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  Exporting economic data and analysis into local databases and Eviews for further econometric study
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  Reshaping and customizing economic data with the Transpose and Post-pull features to fit specific reporting formats
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  Accessing and analyzing the latest economic research and forecasts directly within Excel for informed decision-making

Frequently Asked Questions

What is the Oxford Economics Excel plugin and what are its core features?

The Oxford Economics Excel plugin, known as Excel Data Workstation, allows direct access to databanks, offers built-in Excel dashboards for various databanks, includes a custom browser for the latest analysis, and provides high-quality chart creation. It enables data export to local model databases and Eviews, offers new scripting commands for automation, and features post-pull commands for data reshaping.

How can I access the functions of the Excel Data Workstation plugin?

User access to functions within the Excel Data Workstation plugin is based on their subscription to specific Oxford Economics products or services.

Are there any system requirements for installing the Excel Data Workstation plugin?

Yes, the plugin requires a Microsoft Windows version greater than Windows XP, Microsoft Excel versions later than 2007, and an active internet connection for installation.

How can I learn to use the Oxford Economics plugin for Excel?

You can learn to use the Oxford Economics plugin for Excel by referring to the available user guide, following the provided installation instructions, and watching the training videos.

What kind of support and updates does the Oxford Economics Excel plugin offer?

The plugin is continually updated with new features, performance improvements, and provides training videos and a user guide for user support.