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Econometrics Study Material

The assignment requires solving problems based on a scenario analysis using GDP data. It involves calculations, diagrams, and providing answers in a word document.

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Added on  2023-03-17

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This document provides a comprehensive study material on Econometrics, covering topics such as GDP, consumption, investment, government expenditure, and more. It includes equations, calculations, and explanations to help students understand the subject better. The document also discusses the impact of fiscal and monetary policies, as well as the potential effects of the US-China trade war on the Australian economy.

Econometrics Study Material

The assignment requires solving problems based on a scenario analysis using GDP data. It involves calculations, diagrams, and providing answers in a word document.

   Added on 2023-03-17

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Running head: ECONOMETRICS
Macroeconomics
Name of the Student:
Name of the University:
Author Note:
Econometrics Study Material_1
1ECONOMETRICS
Table of Contents
Part a...........................................................................................................................................2
Part b..........................................................................................................................................3
Part c...........................................................................................................................................3
Part d..........................................................................................................................................4
Part e...........................................................................................................................................4
Part f...........................................................................................................................................4
Part g..........................................................................................................................................5
Part h..........................................................................................................................................5
Part i...........................................................................................................................................6
Part j...........................................................................................................................................7
Reference:..................................................................................................................................8
Econometrics Study Material_2
2ECONOMETRICS
Part a
Y =C + I + G+( XM )
Where, Y= Gross domestic product,
C= Consumption,
a= autonomous consumption,
b= marginal propensity to consume,
I= Investment,
G= Government expenditure,
X= export and
M= import.
The data is collected from the Australian Bureau of Statistics.
C = $260752 million
I = $109478 million & $1983 million
G =$ 84696 million
X = $100820 million
M= $99614 million
Y =260752+109478+1983+ 84696+(10082099614)
Y =458115
The actual GDP is $458115 million.
Econometrics Study Material_3

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