Where do you collect your data/economic commentary from? (1 Viewer)

[OzKo]

Considering the emphasis of using empirical data to justify arguments in Economics, where are you collecting your data and economic commentary from?

 

[deswa1]

Re: Where do you collect your data from?

Umm, textbooks, newspapers, the internet. Anywhere pretty much. If I hear something good, I'll remember it.

 

[OzKo]

Re: Where do you collect your data from?

Any websites in particular?

 

[RivalryofTroll]

Re: Where do you collect your data from?

ABS for lyf~?

 

[deswa1]

Re: Where do you collect your data from?

Any websites in particular?

Not really tbh. The news websites often have some decent things (like SMH, AFR etc.).The RBA has some good things but I hate the layout of ABS so I never use that. The economist has interesting reads. My dad though sends me these reports that he gets at work from analysts from Citibank etc. and they often have some nice things.

 

[theind1996]

Re: Where do you collect your data from?

Not really tbh. The news websites often have some decent things (like SMH, AFR etc.).The RBA has some good things but I hate the layout of ABS so I never use that. The economist has interesting reads. My dad though sends me these reports that he gets at work from analysts from Citibank etc. and they often have some nice things.

Does your dad work in finance/as a financial analyst? Because my dad can probably get these things too... if I ask him haha.

I don't really collect much economic data as of yet, since it's not really a ncessity in Year 11 - but the data that I have found has been from:

- ABS
- Other websites such as those from Japan (when comparing economic data for Australia and Japan).
- Tobacco in Australia website when I was writing an essay discussing the price elasticity of different products.

I don't read 'The economist' or newspapers (at least anything economic) - I should get into reading them.

 

[OzKo]

Re: Where do you collect your data from?

Does your dad work in finance/as a financial analyst? Because my dad can probably get these things too... if I ask him haha.

I don't really collect much economic data as of yet, since it's not really a ncessity in Year 11 - but the data that I have found has been from:

- ABS
- Other websites such as those from Japan (when comparing economic data for Australia and Japan).
- Tobacco in Australia website when I was writing an essay discussing the price elasticity of different products.

I don't read 'The economist' or newspapers (at least anything economic) - I should get into reading them.

The Economist has a lot of content on international affairs which isn't really economic in nature. Keep that in mind.

 

[deswa1]

Re: Where do you collect your data from?

Does your dad work in finance/as a financial analyst? Because my dad can probably get these things too... if I ask him haha.

I don't really collect much economic data as of yet, since it's not really a ncessity in Year 11 - but the data that I have found has been from:

- ABS
- Other websites such as those from Japan (when comparing economic data for Australia and Japan).
- Tobacco in Australia website when I was writing an essay discussing the price elasticity of different products.

I don't read 'The economist' or newspapers (at least anything economic) - I should get into reading them.

Nah, he's a finance manager so he's not really directly involved in that stuff but he gets them anyway which is useful.

The Economist has a lot of content on international affairs which isn't really economic in nature. Keep that in mind.

Yeah this. Often the economist doesn't have those one line stats or whatever that you can throw into an essay (especially since it rarely has anything on Australia) but it is very useful to get an appreciation of global economic forces.

 

[OzKo]

Re: Where do you collect your data from?

Yeah this. Often the economist doesn't have those one line stats or whatever that you can throw into an essay (especially since it rarely has anything on Australia) but it is very useful to get an appreciation of global economic forces.

The Economist/EIU should have statistics on their website, you just need to delve a bit deeper.

In terms of economic commentary, it's a great source to use considering they are usually comprehensive with their analysis. It's difficult not to find some good tidbits of information to use in your essays, especially for the part regarding The Global Economy.

 

[soloooooo]

Re: Where do you collect your data from?

Judith Sloans regular posts at http://catallaxyfiles.com/ are quite good.

 

[barbernator]

http://www.fxwords.com/e/economic-reports-for-australia.html this is quite handy for the major ones

 

[theind1996]

What Year 12 topic/s require heaps of stats? And what topic/s focus on the international economy too (and consequently require international stats)?

 

[deswa1]

What Year 12 topic/s require heaps of stats? And what topic/s focus on the international economy too (and consequently require international stats)?

Depends realistically on how high you are aiming. For a decent performance, you'd want to know current indicators in Aust and trends such as eco growth, unemployment, CAD etc. To penetrate very high B6, you want stats for everything literally. The first topic is called The Global Economy and that is obviously focussed on international factors but its nice to look at the course holistically and not just four seperate topics.

 

[theind1996]

Depends realistically on how high you are aiming. For a decent performance, you'd want to know current indicators in Aust and trends such as eco growth, unemployment, CAD etc. To penetrate very high B6, you want stats for everything literally. The first topic is called The Global Economy and that is obviously focussed on international factors but its nice to look at the course holistically and not just four seperate topics.

Hmm - well I wouldn't mind that high band 6 , so how regularly/frequently would you recommend that one collects stats? And how many different stats would you have for all of Yr 12? Inflation rate, interest rate, CAD etc - ~50?

 

[chrisman9519]

i usually read books about economics, but none have been about australia. No reallly good economics books are about Australia...
i read the economist, its rly good, although it has a lot on international events and politics, they usually highlight something economically relevant.
the RBA statistics section is good, u should check out the chart pack.
also, the economist did a special report on australia about a year ago, look around their website to find it, it really is a great read, very informative and relevant.

In my opinion, newspapers such as the AFR are underrated and difficult to read because they are a newspaper. I think there are some genuinely brilliant articles in there that are relevant to students, but because its in the broadsheet format, I don't read it as often as I would like. It's disappointing

2 books i highly recommend:

The return of depression economics by Paul Krugman, and Balance sheet recession by Richard Koo

 

[krnofdrg]

Ross Gittins from SMH just for reading and leisure.


Currently reading book called 'Bad Samaritans' by economist Ha-Joon-Chang which talks about globlization and also some uni books ?

 

[asadass]

SMH/AFR usually

Leading edge has a page of up-to-date statistics which is also quite helpful. http://leadingedge.com.au/statistics/

I find the economist is better for my case study (China), as there's not too much stuff on Australia in it.

 

[twinklegal19]

Re: The p00n thread

Bloomberg + The Economist + AFR (whenever I get my hands on it) combination is the best

 

[RealiseNothing]

Re: The p00n thread

Bloomberg + The Economist + AFR (whenever I get my hands on it) is the best

You may know economics, but your English.....

 

[deswa1]

Re: The p00n thread

Bloomberg + The Economist + AFR (whenever I get my hands on it) is the best

Protip: Go to your local library and ask them if they can give you all of their newspapers before they throw them out. I don't collect them any more because it takes too long but until around July, I'd go to the library every month and just get the previous months Herald, Australian and Fin Review and then just scan them for any dazzling economics stats or examples or whatever.