Hooking into new technology
Article Abstract:
The Economic Council of Canada's new microcomputer-based econometric modeling system will allow the Council to handle more work, and produce more readily understood, higher-quality reports. Project leader Ross Preston says that the Council's earlier 'CANDIDE' model became obsolete when Statistics Canada completely revised National Accounts data. Microcomputers were becoming increasingly cost competitive at that time, and could do the same kinds of simulations available on mainframes at lower cost. The microcomputers save time and their user-friendly software allows economists direct interface with the system.
Publication Name: Au Courant
Subject: Business, international
ISSN: 0226-224X
Year: 1987
User Contributions:
Comment about this article or add new information about this topic:
The first quarter-century
Article Abstract:
The Economic Council of Canada celebrates its twenty-fifth birthday in Aug 1988. The purpose of the the Council is to serve as an independent, non-partisan research organization that studies mid-term economic issues and makes consensus-based recommendations. The Council's Board has three full-time and up to 25 part-time members appointed by the Prime Minister. A changing economic environment has recently stimulated the Council to broaden its focus to include experts from fields other than economics, including sociology and political science.
Publication Name: Au Courant
Subject: Business, international
ISSN: 0226-224X
Year: 1988
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Outlook for the economy. The economy and a balanced budget
- Abstracts: Succeeding in the communiputer age: technology and the marketing mix. A method to portray and analyze sales performance
- Abstracts: Blueprint for action. Directions for government
- Abstracts: Tech change and the job market. A promising approach