Principal Investigator(s): Gerber, James B., San Diego State University. Department of Economics
These instructional materials were prepared for use with a time series of aggregate United States economic data collected from the U.S. Department of Commerce and the U.S. Department of Labor. The data file (an SPSS portable file) and accompanying documentation are provided to assist educators in instructing students about the use of empirical analysis in the study of macroeconomics and about the interplay of economic theory and empirical studies in macroeconomics. An instructor's handout has also been included. This handout contains the following sections, among others: (1) a brief overview and history of the field of macroeconomics, (2) an exploration of this dataset using descriptive statistics, (3) a discussion of how to test hypotheses about data using t-statistics, (4) a discussion of the testing of relationships within data using correlation, (5) a discussion of the testing of relationships within data using regression, (6) a demonstration of simple regression on estimating growth rates, and (7) a glossary of macroeconomic terms. Information on the United States' macroeconomy from 1929 to 1996 is presented in the dataset. The data are time series data obtained from the national income and product accounts constructed by the Bureau of Economic Analysis and from the Bureau of Labor Statistics. Variables in the dataset include Gross Domestic Product and its components (investment, consumption, foreign trade, government purchases), price indices, productivity, national income and its components (wages and benefits, proprietor's income, rental income, profits, interest income), the labor force (unemployment rates, wages, racial breakdown data), the money supply (money supply, bank reserves, interest rates), production and stock indices, and federal finances and the budget.
This study is intended for instructional use, and may be subsets of the original data. Variables and/or cases may have been removed to facilitate classroom use.
Gerber, James B. EXPLORING THE MACROECONOMY, 1929-1996: [INSTRUCTIONAL MATERIALS]. Prepared by James B. Gerber, San Diego State University, Dept. of Economics. ICPSR version. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2003. doi:10.3886/ICPSR03718.v1
Persistent URL: http://doi.org/10.3886/ICPSR03718.v1
This study was funded by:
- California State University Opportunity Fund
Scope of Study
Geographic Coverage: United States
Date of Collection:
Universe: United States
Data Types: aggregate data
Data Collection Notes:
This collection was archived by ICPSR to promote the use of social science data in undergraduate and graduate education through the sharing of faculty-submitted ICPSR data-based instructional materials developed for use in the classroom.
These materials were not developed from a parent ICPSR study.
The data are provided as an SPSS portable file.
The codebook and handout are provided as Microsoft Word and Portable Document Format (PDF) files. The PDF file format was developed by Adobe Systems Incorporated and can be accessed using PDF reader software, such as the Adobe Acrobat Reader. Information on how to obtain a copy of the Acrobat Reader is provided on the ICPSR Web site.
(1) United States Department of Commerce, Bureau of Economic Analysis national income and product accounts, and (2) United States Department of Labor, Bureau of Labor Statistics indices on labor force, unemployment, and consumer prices
Original ICPSR Release: 2003-10-10
Related Publications (?)
- Citations exports are provided above.
Export Study-level metadata (does not include variable-level metadata)