Quantitative Methods Case Study

Case Title:

Measuring Growth and Responsiveness in Suziland

Abstract:
Growth and responsiveness in various types of expenditures to a change in total personal expenditure in any economy are basic economic indicators on the health of the economy.

Naturally, it is important to measure them to understand the existing status and for planning for future. The case attempts this for Suziland (an assumed country) with the help of quarterly data.

Pedagogical Objectives:

• To understand as to how to measure growth
• To understand as to how to measure elasticity
• To understand use of regression technique in measuring long term growth and elasticity

Keywords : Suziland, developed nations, National Planning Committee, Dr. Mugabe, free market economy, personal consumption expenditure

Contents:

• Measuring Growth and Responsiveness in Suziland
• Exhibit