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Links between GDP, Consumption, Investment and Government Expenditure
Links between GDP, Consumption, Investment and Government Expenditure
EC2010 ECONOMETRICS PROJECT
(1) Collect and analyse data sets of his/her own choosing in order to illustrate a postulated economic relationship over time.
For my project I have decided to look at the relationship between Gross Domestic Product (GDP), Household Consumption (C), Investment (I) and Government Expenditure (G). The source from which my data was derived was ‘Economic Trends Aug-Dec 1999 Inc Suppl UK/CES E2600’. This was used as my source of data as it is compiled by the government and therefore hopefully is relatively accurate. Using just the one source should remove any error, as the values should be consistent with the market price at the time so trends should be easily identified.
Year GDP C G I NX GDP GR C2 GDP2
1955 19107 12832 3235 3026 1120 128.32 191.07
1956 20541 13494 3491 3315 287 6.981% ...
Links between GDP, Consumption, Investment and Government Expenditure
EC2010 ECONOMETRICS PROJECT
(1) Collect and analyse data sets of his/her own choosing in order to illustrate a postulated economic relationship over time.
For my project I have decided to look at the relationship between Gross Domestic Product (GDP), Household Consumption (C), Investment (I) and Government Expenditure (G). The source from which my data was derived was ‘Economic Trends Aug-Dec 1999 Inc Suppl UK/CES E2600’. This was used as my source of data as it is compiled by the government and therefore hopefully is relatively accurate. Using just the one source should remove any error, as the values should be consistent with the market price at the time so trends should be easily identified.
Year GDP C G I NX GDP GR C2 GDP2
1955 19107 12832 3235 3026 1120 128.32 191.07
1956 20541 13494 3491 3315 287 6.981% ...
Posted by: Quentina Green
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