How to work with Soritec

  • Plot the unemploment rate, personal consumption expenditures, and industrial production (over the period of time where data are available).
    1. Open Soritec
    2. Load database "econdata" using the command access as follows
      >access 'd:\bfinstr\soritec\datasets\econdata\econdata'
      or
      by using Open Data File under the File menu (in the Soritec window).
    3. Check the contents of the databank by issuing the command:
      >contents
    4. Load to the work space the three variables that you need (must look for them in the list of variables in the textbook) by using the command:
      >copy name1 name2 name3
    5. Check that those are the variables you were looking for and the frequency (whether they contain monthly or quarterly observations). The key that executes the command symbols(full) is F10.
    6. Establish the period to use in the plots by using the command:
      >use begin end (use the whole range, found in the previous step, for each variable)
    7. Select the graphics window on the toolbar.
    8. Write a routine with all the necessary commands (except the plotting since that is accomplished interactively) and save it to disk (use a diskette if you have one).
  • Access the web site Economagic and get the latest information on the unemployment rate in the U.S., the Bank Prime Loan rate. Find the value of the Dow Jones Utility Average: Close on the 31st of August, 2000.

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    © 2000 Nestor M. Arguea