2010 Student Research Conference:
23rd Annual Student Research Conference

The Merits of Employment and Industrial Production as Economic Indicators
Benjamin C. Anderson
Dr. David Gillette, Faculty Mentor

Developing reliable economic indicators is an important branch of applied economics, particularly with respect to the identification and forecasting of business cycles, and for effective policy guidance. This research analyzes the relationship between GDP and two important economic indicators, industrial production and unemployment, during the most recent recession as well as past business cycles. It also analyzes the economic and statistical characteristics of these two indicators for their appropriateness as tools for both businesses and policy-makers.

Keywords: Economics, Macroeconomics, Business Cycles, Recession, Indicators, Employment, Industrial Production, Applied Economics

Business Administration

Presentation Type: Oral Paper

Session: 2-3
Location: VH 1000
Time: 8:30

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