User:Manuel Franco Jr./NOtebook/Physics Lab 307/Notes For Economy Lab
Finance/Economy Lab Notes
So for the first week I went through and sought how to go about doing this lab and found ALL of these useful sites.
- Consumer Price Index, it the percentage change measures inflation
- Okun's Law
- Different Types:Frictional unemployment, Classical unemployment, Structural unemployment, Cyclical or Keynesian unemployment.
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.
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)
 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 
Random Page for benifit
Another one 
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