Topic 1: Introduction to Macro Data Chapters 1, 2, and 3.5 from Text. The Difficulty in Measuring Economic Variables Difficulty in Measuring Prices Feeling the Heat (Economist: 6/24/2006) B. Difficulty in Measuring Output/Output Growth Botox and Beancounting (Economist 4/30/2011) Diagnosing Depression (Economist: 1/3/2009) One Reason the Economy Looks So Weak* (Erik’s Web Page) The Dragon Takes Wing (Economist: 2/14/2014) Getting Creative with G.D.P. (NYTimes: 7/27/2013) Sex, Drugs, and GDP: The Challenge of Measuring the Shadow Economy (WSJ: 6/8/2014) Difficulty in Measuring Unemployment Where Are the Workers? (Economist 2/12/2011) Wanted: More Unemployment* (Erik’s Webpage) D. Difficulty Measuring Well Being Measuring What Matters (Economist: 9/19/2009) Like a Piece of String (Economist: 10/13/2012) Measurement Debate in the Political Arena Damn Lies and Statistics* (Erik's Webpage) Inflation in Argentina: New Data, Old Qualms (Economist: 2/14/2014) Topic 2: Production, the Labor Market and Economic Growth Chapters 3, 6.1 and 6.3 (skim 6.2 - do not worry about the math) from Text I. Production and Labor Markets The Land of Leisure (Economist: 2/4/2006) This American Life Episode # 490 (Act One) (www.thisamericanlife.org) II. Growth in the Economy “New” Productivity on Stilts (Economist: 6/10/2000) The New Economy” (Economist: 9/13/2003) “New
Topic 1: Introduction to Macro Data Chapters 1, 2, and 3.5 from Text. The Difficulty in Measuring Economic Variables Difficulty in Measuring Prices Feeling the Heat (Economist: 6/24/2006) B. Difficulty in Measuring Output/Output Growth Botox and Beancounting (Economist 4/30/2011) Diagnosing Depression (Economist: 1/3/2009) One Reason the Economy Looks So Weak* (Erik’s Web Page) The Dragon Takes Wing (Economist: 2/14/2014) Getting Creative with G.D.P. (NYTimes: 7/27/2013) Sex, Drugs, and GDP: The Challenge of Measuring the Shadow Economy (WSJ: 6/8/2014) Difficulty in Measuring Unemployment Where Are the Workers? (Economist 2/12/2011) Wanted: More Unemployment* (Erik’s Webpage) D. Difficulty Measuring Well Being Measuring What Matters (Economist: 9/19/2009) Like a Piece of String (Economist: 10/13/2012) Measurement Debate in the Political Arena Damn Lies and Statistics* (Erik's Webpage) Inflation in Argentina: New Data, Old Qualms (Economist: 2/14/2014) Topic 2: Production, the Labor Market and Economic Growth Chapters 3, 6.1 and 6.3 (skim 6.2 - do not worry about the math) from Text I. Production and Labor Markets The Land of Leisure (Economist: 2/4/2006) This American Life Episode # 490 (Act One) (www.thisamericanlife.org) II. Growth in the “New” Economy Productivity on Stilts (Economist: 6/10/2000) The New “New Economy” (Economist: 9/13/2003)