Here’s the deal. On Monday we will play the production decisions game (experiment) and try to collect data from it. WE will also start Chapter 8 if there is time. Chapter 8 is key and interesting. On Friday, with some luck, we will also be able to conduct an in-class experiment. I hope to finish Chapter 8 this week.
DON’T FORGET THAT YOUR TEAM PAPER ON THE FIRST PHASE OF THE CPI FOR CAL MARITIME IS DUE
Posted in Macroeconomics
This article tells about chain weighting. It is from the BEA website.
BEA’s Chain Indexes, Time Series, and Measures of Long-Term Economic Growth
Young’s article uses basic macro to explain chain weighting.
Posted in Macroeconomics
Our goal this week is to finish chapter 7. You can be working on your problem sets now. Of course you should be deeply into your team project to determine the cost of the base month bundle of goods and services, for your team CPI study. Ask questions if you have them– also, send me those groups by email.
Posted in Macroeconomics
Supply Chain Digest Port Technology International Marine Link
Supply Chain and Logistics 