Economics
EC 202 Principles of Macroeconomics, Douglas MacKenzie
- GDP Gaps GDP Gaps are fundamental to macroeconomics. GDP Gaps can be calculated using data from FRED, Federal Reserve Economic Data.
- MZM Velocity The Federal funds rate and money velocity are important macroeconomic variables. Data on velocity
and the Federal Funds Rate can be found easily on FRED.
- Teen Unemployment Teen unemployment differs significantly from post-teen unemployment. There are many possible
reasons for observed differences between teen and post teen unemployment. One likely cause of this
difference is the minimum wage. This data can be related to the minimum wage by using data available
on FRED.
- The Capital Stock The per capita capital stock varies between different countries.
- The Phillips Curve for Japan Economists use the Phillips Curve to examine the effects of price inflation on unemployment rates.
- The Beveridge Curve Economists use the Beveridge Curve (named for Sir William Beveridge) to examine the relation between unfilled jobs and unemployed workers.
- Consumer Confidence Economists examine the effects of consumer confidence on economic conditions. Survey data on consumer confidence should correlate with GDP Gaps.
- Federal Funds Rate and GDP Gaps The Federal Reserve targets the Federal Funds Rate. Survey data on the Federal Funds Rate should correlate with the level of output, especially during the Stagflation period.
- The Federal Deficit and GDP Gaps Economists debate the effects of Federal deficit on the economy.
- Policy Uncertainty and GDP Gaps Economists examine the effects of uncertianty on the economy. Data on policy uncertainty should correlate with the level of output.
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