Spring 2018: Caterpillar

Caterpillar plant

Students traveled to Peoria in February to visit Caterpillar. The day began with a presentation describing the roles and responsibilities of the bussiness economic division at CAT. A CAT "business" economist typically forecasts the business cycle to assist the company in setting short-run production and inventory targets as well as predict long-term trends to aid in planning long-term capacity building goals. After lunch, the students were given some time to enjoy the interactive displays and exhibits at the Visitors Center

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