It is most known as a social network analysis tool for visualising the social relationships between individuals, but it also has applications for economic research. GephiĪ further possibility is Gephi, an visualization tool for the exploration of networks and complex systems. If you want to take advantage of the advanced features of plotting with R but are intimidated by the command line, then R Commandercan be a great help – it is a graphical user interface for R which is designed to be accessible for novices. R is an excellent plotting option for the economist working with a large data set, particularly if they are already familiar with the programming language. However, while the default graph style produced by R is functional, it requires some work to make the produced graphs look more elegant. There are a wide range of graph types available in both 2D and 3D formats, which is beneficial for finding the perfect format for displaying your data. It uses a command-line interface, thus requiring some degree of technical ability, but once mastered is a powerful tool for data analysis and can be very beneficial for an economist.
R is already popular among statisticians and scientists working in data-heavy fields for statistical analysis in addition to graphing. However, Matplotlib works only with Python, whereas Gnuplot can work with other programming languages too. The default style of the graphs produced by Matplotlib is attractive and polished, requiring less tweaking than those produced by Gnuplot.
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This library is a good choice for anyone familiar with the statistical software package Matlab, as the Matplotlib interface is similar, making it easy to learn. It is a 2D Python library for plotting which produces particularly attractive figures, and the library can be used in Python scripts or be run on web application serves. Matplotlib is another popular option for economists looking for tools to aid in the visual display of their results. However, having been in use for many years (since 1986), there is extensive documentation and advice on using the program which can be found online. It is a command line program, so some amount of programming knowledge is required. Over the years its functions have diversified so that it is now usable for the visual display of all kinds of scientific data, in both two-and three-dimensional plots.
Available cross-platform for Windows, Linux and Mac, its primary function is the visualization of mathematical data and functions. Gnuplot is one of the best-established graphing tools, popular among intermediate and advanced users. As an economist, it's important to make sure your graphs are looking as good as possible, as they are essential for winning over and keeping the attention of your audience. Other software exists for the singular purpose of configuring your diagrams, including many which are open-source and hence freely available. The standard graphs produced by software such as Excel or SPSS can convey the required information, but tend to lack style as these tools have limited customisation options. A great way to make your presentations or papers slick and memorable is to improve your graphs and diagrams.
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