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  • About the Economic Futures Hub
  • Unit 1: Economics of the Market
  • Unit 2: UK Economic Activity
  • Unit 3: Global Economic Activity
  • Data for Applied Economists
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Who are the Fraser of Allander Institute?

Created by Economic Futures. We are hosted by the FAI. Contact us at economicfutures@strath.ac.uk for feedback or collaboration.

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Sourcing Economic Data

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Sourcing Economic Data

Why is correctly sourcing data important?

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In the SQA Higher Economics Assignment, 3 marks are available for explanations of suitability of research sources. Quality data is crucial to make your arguments credible and convincing.

How can we assess suitability of research sources?

  • Is it timely and up-to-date?
  • Is it accurate?
  • Is it complete?
  • Is it concise?
  • Is it objective/unbiased?
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NOMIS Step-by-Step Example
  1. Visit NOMIS
  2. Select ‘Query Data’
  3. Select ‘Popular Datasets’
    1. These datasets are survey based, which means that they provide an estimation of the UK’s economic activity based on a small selection.
  4. Select ‘Annual Population Survey’
    1. Select Geography: All countries
    2. Select Date: 2005-2022 (12 months to December)
    3. Select Variable: Unemployment Rate 16-64
  5. Download your data
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Scottish Government Step-by-Step Example
  1. Visit Scottish Government Economy Statistics
  2. Choose ‘About GDP’
  3. Choose ‘GDP Quarterly National Accounts for 2022 Quarter 2’
  4. Download ‘Second Estimate of GDP in volume terms by industry’