Leading: An indicator that signals when the economy will rise.
Coincident: This indicator occurs at approximately the same time as the market changes.
Lagging- This type of indicator follows an event.
Wednesday, January 5, 2011
Tuesday, January 4, 2011
POST 13
The process macroeconomists use to track production, income, and consumption is known as national income accounting and provides information about a country's economic activities.
The most widely used NIPA is gross domestic product.
To actually compute GDP, economists use the output- expendature model.
Personal consumption expenditures include durable goods, nondurable goods, and services.
Gross investment is the total value of all capital goods produced in a given country in one year as well as changes in the dollar value of business inventories.
Government transfer payments are not included when calculating government purchases.
A price index is a set of statistics that allows economists to compare price over time.
Illegal activities and unreported legal activities are part of the underground economy.
Barter transactions, housework, and do-it-yourself home repairs are examples of nonmarket activities.
Inderect taxes are taxes included in the final price of goods and services.
The most widely used NIPA is gross domestic product.
To actually compute GDP, economists use the output- expendature model.
Personal consumption expenditures include durable goods, nondurable goods, and services.
Gross investment is the total value of all capital goods produced in a given country in one year as well as changes in the dollar value of business inventories.
Government transfer payments are not included when calculating government purchases.
A price index is a set of statistics that allows economists to compare price over time.
Illegal activities and unreported legal activities are part of the underground economy.
Barter transactions, housework, and do-it-yourself home repairs are examples of nonmarket activities.
Inderect taxes are taxes included in the final price of goods and services.
POST 12
GNP is GDP + total capital gains from foreign investment. GDP gives a total view of each country's economic position, but GNP shows domestic contribution to GDP to foreign investment/income.
Monday, January 3, 2011
POST 11 - Using the 4x3technique
GDI is the amount of goods and services produced in a year, or the value of everything made that year within the country.
is consumption (may also be known as consumer spending) = ac + bc(Y − T),
is Investment,
is Government spending,
is Net export,
is total exports, and
is total imports = am + bm(Y − T).
POST 10 - React to reading:
Macroeconomics is changes in unemployment, income, rate of growth gross domestic product, inflation and price levels. I am sooooo interested in macroeconomics, i just want to learn everything i can about it. I couldnt summarize what i want to learn into 3 things because i want to know everything.
Post 9: Malcolm Gladwell Speech
Malcom Gladwell has a tallent for identifying patterns in marketing strageties that largecorporations have spent years trying to figure out. He realized how unstead of turning each flavor or type of product that each consumer into a product line, that it should be divided into sections.
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