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Libraries are collections of shared code. They're common in Python, where they're also called "modules," but they're also ...
This post explains what a Python module is and how to use it to drastically extend the capabiltiies of your code. Plus: how to make your own!
It’s a third-party project, so you’ll need to install it in your Python runtime with pip install pandas. Once installed, you can import it into Python with import pandas.