Not register? Register Now!
Essay Available:
Pages:
2 pages/≈550 words
Sources:
1 Source
Level:
Other
Subject:
Mathematics & Economics
Type:
Statistics Project
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
\$ 10.37
Topic:

# Economics 102 Assignment 1: FRED (Statistics Project Sample)

Instructions:

follow the resources description that i give to you.

source..
Content:

Economics 102
Assignment 1: FRED
Due Date: Monday, January 21st
FRED is a comprehensive up-to-date data source maintained by the Federal Reserve Bank of St Louis in the US, which is part of the US central banking system. If you want real-time macroeconomic data on the German unemployment rate or China’s output growth, you do not need to learn German and Chinese, or struggle to get to grips with national archives, because FRED provides the information for you. Fred contains the main macroeconomic statistics for almost all developed countries going back to the 1960s. FRED also allows you to make your own graphs and export data into a spreadsheet.
To learn how to use FRED to find macroeconomic data, follow these steps:
* Visit the FRED website.
* Use the search bar and type ‘Gross Domestic Product’ (GDP) and the name of an OECD country of your choice (the list can be found here: http://www.oecd.org/about/membersandpartners/). Select the annual series for both nominal (current prices) and real (constant prices) GDP for this country. Click the ‘Add to Graph’ button at the bottom of the page.
Use the graph you created to answer these questions:
1 What is the level of nominal GDP in your chosen country this year?
2 FRED tells you that the real GDP is “chained” in a specific year, i.e. it is evaluated in terms of constant prices for that year. Note that the real GDP and the nominal GDP series cross

...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

### Other Topics:

• Complete The Analysis Of Exploratory Data Analysis
Description: This project is to help you apply concepts to real world, real data analysis. In the real world computers do most of the hard work for statisticians...
7 pages/≈1925 words | No Sources | Other | Mathematics & Economics | Statistics Project |
• Karen Larwin & David Larwin, (2011)
Description: Mathematics and Economics Statistics Project: Karen Larwin & David Larwin, (2011)...
2 pages/≈550 words | 1 Source | Other | Mathematics & Economics | Statistics Project |
• The Lending Club is a lending company based on San Franscisco, CA.
Description: Two ways to summarize the qualitative data are by use of frequency bar graphs and a regular pie chart. Below is a pie chart and bar plot of the variable ‘home ownership’ in the data....
2 pages/≈550 words | Other | Mathematics & Economics | Statistics Project |
HIRE A WRITER FROM \$11.95 / PAGE
ORDER WITH 15% DISCOUNT!