Lesson plan
AREMOS
AREMOS is a data management and econometrics software package released by Global Insight. It was most popular in the late 1980s and 1990s, when it was used by leading economists. Developed as a DOS application by Wharton Econometric Forecasting Associates – WEFA now IHS Markit, it has gone through many iterations. Thomsons' Datastream macroeconomic databases which were accessible with AREMOS, were a key selling point. The U.S. statistical agency Bureau of Economic Analysis ran AREMOS extensively until 2015. Today its use is largely legacy and has been superseded by newer econometric packages such as EViews, developed by WEFA successor company, IHS Markit. Although sales of AREMOS to new customers ended in late 2015, certain existing customers were given the option to purchase a perpetual license which doesn't expire until the end of 2036.
Article summary
AREMOS is a data management and econometrics software package released by Global Insight. It was most popular in the late 1980s and 1990s, when it was used by leading economists. Developed as a DOS application by Wharton Econometric Forecasting Associates – WEFA now IHS Markit, it has gone through many iterations. Thomsons' Datastream macroeconomic databases which were accessible with AREMOS, were a key selling point. The U.S. statistical agency Bureau of Economic Analysis ran AREMOS extensively until 2015. Today its use is largely legacy and has been superseded by newer econometric packages such as EViews, developed by WEFA successor company, IHS Markit. Although sales of AREMOS to new customers ended in late 2015, certain existing customers were given the option to purchase a perpetual license which doesn't expire until the end of 2036.
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Discussion questions
- Summarise the article in your own words. Which single claim would you verify first, and why?
- Which claim in this article is most likely to be revised as the sources update? How would you check its current status?
- If two sources disagreed about one of these facts, what would you need in order to trust one over the other?
Bibliography
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Key claims and bibliography are generated from the same tracked claims and sources as the article page.