PS1 - Econ 114 Javier Birchenall Due date Tuesday Problem...

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Econ 114 Javier Birchenall Due date: Tuesday, January 20, 2009 Problem set 1: Basic growth facts The following problem set will serve two purposes. First, it will acquaint you with some basic growth facts that you will seek to explain later in the quarter. Second, it will refresh your memory about the use of Excel. If you have never used Excel before, please see “Introduction to Excel.” Students who are already familiar with Excel, but not the speci fi c operations required for this lab, may fi nd “Excel Hints for Lab 1” at the end of this assignment useful. Plan to spend 6 hours (maybe more) on these questions. Please return the problem set on time (next Tuesday during class), remember you have the chance to miss one and only one, use it wisely. If you have any problems regarding the questions please contact me immediately by e-mail: [email protected] . Good luck! In this lab, you will document cross-country di ff erences in income and growth rates to help motivate the study of growth throughout the semester. The data is available in an Excel spreadsheet on the class web page, econ.ucsb.edu/ ~ jabirche/teaching.html . The data de fi nition is also available on the web page.
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