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Analyzing the Last Five Years of the US Economy for an Intermediate Macro Course

Analyzing the Last Five Years of the US Economy for an Intermediate Macro Course

Intermediate macro students are asked to compile and analyze data on the components of consumption or investment expenditures using data on variables suggested by standard macro theories. They describe each data series in a appropriate way (e.g. growth rates and turning points) and search for correlations between the dependent and explanatory variables. They discover that different theories explain different components of consumption and...

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