Publications by Sam Bolinsky
Best Practices 1
Chapter 1 It’s Not Just about Forecasting The following are the key points in the chapter. Elaborate on each point in at least 30 words. Understanding economics can help you to diagnose the causes of increases or decreases in sales volumes and costs. Understanding economics can help you forecast the future in terms of sales volume and how...
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Applications 1
Company Comptus Characteristics of the company Comptus is an industrial environmental sensor company that produces weather measuring instruments. There are only four employees who work at Comptus that contribute to there yearly earnings of 1.1 million dollars of revenue. Comptus is a leading producer of wind and environmental sensors and hel...
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Applications 2
## # A tibble: 548 × 5 ## # Groups: symbol [4] ## symbol date price change text ## <chr> <date> <dbl> <dbl> <glue> ## 1 GDPC1 1947-01-01 2034. NA 1947.1, ## Growth: NA ## 2 GDPC1 1947-04-01 2029. -0.00267 1947.2, ## Growth: -0.3% ## 3 GDPC1 1947-07-01 2025. -0.00207 194...
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BestPractices3
Chater Openning Questions Managers need to know: Summary Causes of Recessions How it works Associated Recessions monetary policy The Fed can slow the economy by tightening monetary policy, which decreases the money supply and/or raises interest rates. Higher interests reduce economic activity by increasing financing costs. all recessions? Th...
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Best Practices4
Chater Openning Questions A manager needs to monitor: Prices of your inputs, and the prices of your outputs. The facts about inflation Volatility: CPI < PPI Finished Goods < PPI Intermediate Goods < PPI Crude Materials Price Growth: CPI > PPI Finished Goods > PPI Intermediate Goods > PPI Crude Materials There are thousands of specific indexe...
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Bestpractices5
Chater Openning Questions A manager needs to monitor: Summary Managing through the Business Cycle Steps Description Assess vulnerability to the recession “How vulnerable is our company to recession or a slowdown in sales?” Assess the vulnerability in terms of magnitude and timing of slowdowns in sales using national data on the company�...
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Best Practices 6
Chapter Openning Questions A manager needs to develop an early warning system that includes: -Macroeconomic signals -End user information -Customer sales forecast -Critical cost ## Summary Managing through the Business Cycle Steps Description macroeconomic warning signals The early warning system should include indicators for the overall eco...
2180 sym 1 tbl
Best practices 2
## # A tibble: 1,096 × 5 ## # Groups: symbol [8] ## symbol date price change text ## <chr> <date> <dbl> <dbl> <glue> ## 1 GDPC1 1947-01-01 2034. NA 1947.1, ## Growth: NA ## 2 GDPC1 1947-04-01 2029. -0.00267 1947.2, ## Growth: -0.3% ## 3 GDPC1 1947-07-01 2025. -0.00207 1...
4422 sym 1 tbl
Real Applications 6
Survey of Professional Forecasters The author writes on page 31: "At the beginning of 2001, the economy was not in recession. The fourth quarter of 2000 data had not been released but would, in time, show that the economy had grown by 2.2 percent in twelve months. Forecasters were nervous, however. The consensus forecast published by the Federal ...
1590 sym Python (794 sym/1 pcs) 3 tbl
Applications 3
Economic Dashboard Market Indicators Economic Indicators What is your reading of the economy? There has been economic recessions and resets throughout the past 60 years and has come in waves. There was a spike in 2020 due to the pandemic but it has since recovered but still quite high. The consumer price index has been pretty steady but was...
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