User:Manuel Franco Jr./NOtebook/Physics Lab 307/Notes For Economy Lab

=Finance/Economy Lab Notes=

Day 1
So for the first week I went through and sought how to go about doing this lab and found ALL of these useful sites.

Economy
Present Value

Future Value

Net Present Value

GDP

GNP

Inflation

CPI
 * Consumer Price Index, it the percentage change measures inflation

Deficit

| National Bureau of Economic Research



Unemployment
Bureau of Labor Statistics

Unemployment
 * Okun's Law
 * Different Types:Frictional unemployment, Classical unemployment, Structural unemployment, Cyclical or Keynesian unemployment.

Someones Unemployment Graph/Research

Taxes
IRS

IRS 2007 Data Book Publication

Population
Census Bureau

| Population Estimates

But even with these sites, I didn't have a specific direction. Going over these major topics wouldn't help. So i had to decide some thing specific or study certain topics or points.

Day 2
So this is week two. After one week of deciding how I should go about this I decided to look narrow in on some of the topics. So here is my purpose so study the GNP vs. GDP of the US from 2000-2007,(bush administration).

Things to consider
 * Is the source reliable
 * GDP of the US
 * Inflation in the US

Analyzing the GDP of the US

 * ppp(Purchasing power parity)
 * nominal

BEA Nationa Economics Accounts GDP

"The chained 2000 dollar values are computed by deflating the current net subsidy values by the GDP deflator for federal non-defense expenditures, which is obtained from the National Income and Product Account tables of the Bureau of Economic Analysis."

GDP deflator


 * $$\operatorname{GDP\ deflator} = \frac{\operatorname{Nominal\ GDP}}{\operatorname{Real\ GDP}}\times 100$$

Random Page for benifit

Another one

Measuring Inflation
The CPI is the measure of the percent change in inflation. Rate of change in inflation. Or better said by Wiki, "A consumer price index (CPI) is a measure of the average price of consumer goods and services purchased by households...The percent change in the CPI is a measure of inflation."

CPI (Consumer Price index) Look Above vs. Producer Price Indexes (PPI)

"basket of goods" - ???!!!

BLS Graph and Data for CPI

US Stock Market
Who's who, and what's what? Nice Basic tutorial on the Stock market.

A stock represents ownership of a company's assets and profits.

here are three big stock exchanges in the United States:


 * NYSE - New York Stock Exchange
 * AMEX - American Stock Exchange
 * NASDAQ - National Association of Securities Dealers

=Links=
 * Physics307L
 * Lab Notebook
 * Course Page
 * User Page