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economics, music, econometrics, america, gdp, prosperity, upbeatness
If music influences people, what influences music? Intuitively, it is inspired by cultural traditions, changes in technology, and the zeitgeist of nations. On an even deeper level, it is inspired by demand. People will not buy music that does not give them utility. Now, how can someone know what type of music is in demand, or will be in demand? What factors influence music demand, and by studying these can future music trends be predicted? The purpose of this study is to discover how the economic well-being of a nation influences the demand for certain types of music, and if the measurements of economic well-being can be used to predict future music trends. The study uses date from the One Million Songs Database and the Federal Reserve Economic Data. Using Ordinary Least Squares regression, it determines the correlation between how upbeat music is with the fiscal health of the nation.
The Annual Mary Lou Fulton Mentored Research Conference showcases some of the best student research from the College of Family, Home, and Social Sciences. The mentored learning program encourages undergraduate students to participate in hands-on and practical research under the direction of a faculty member. Students create these posters as an aide in presenting the results of their research to the public, faculty, and their peers.
BYU ScholarsArchive Citation
Archibald, Douglas E., "American Prosperity Faces the Music" (2017). FHSS Mentored Research Conference. 320.
Family, Home, and Social Sciences
Intro to Econometrics, Econ 388
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