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MEASURING WELLBEING: Complete Empirical Project 4 in Core Econ’s Doing Economics (you may work in Excel, R, Google Sheets or Python). Based on your results, explain the best way to measure wellbeing, comparing GDP per capita with HDI and at least one other measure of wellbeing suggested by your empirical project work. Make sure to (1) use the examples of different kinds of countries as per Q5 in Section 4.1 of the Walkthrough, and (2) explore the implications of each particular measure on policymaking. If you have trouble downloading the data, an alternative version of the data mentioned in the Empirical Project 4 instructions (Quality of Human Development) are attached at the end of the Resources list on this page. You can also use the data linked in the Python or other software instructions - even if you are using Excel for the empirical work. (The most relevant parts of The Economy 2.0 are Unit 1 and 3, and in ESPP, Units 3 and 4).