How each indicator above measures performance of economy

Assignment Help Macroeconomics
Reference no: EM131291064

Assignment on Economics. GDP Data.

i) Assignment Brief

Working individually, conduct research on the economic performance of ONE (1) country over the last ten years, from 2005 to 2014, applying the macroeconomic indicators of real GDP, real GDP growth rate, real GDP per capita , unemployment rate and inflation rate to argue whether you think the performance to be strong or weak.

The strength of a country's economy can be determined through careful examination of macroeconomic indicators such as real GDP, real GDP growth rate, real GDP per capita, unemployment rate and inflation rate. In your essay, analyse the economic performance of ONE (1) country, over the last decade (from 2005 to 2014), using data on the macroeconomic indicators; argue whether you think the performance is strong or weak.

Discuss the performance of the economy over those ten years and provide evidence and explanations for the economic performance such as a high unemployment rate, high inflation rate and/or steady, long-term economic growth. Where appropriate, you should also explain how the policies of the government aim to achieve full employment, stable price and/or economic growth.

Your analysis should include an in-depth discussion on the performance of the economy and provide explanations for economic results as revealed by the macroeconomic indicators; where appropriate, you should also explain how the policies of the government aim to achieve full employment, stable price and/or economic growth. Support your evaluation with researched evidence.

More marks will be awarded for reports which provide more detailed discussion and indepth analysis. The essay shall be about 2,000 words (+/- 10%).

ii) Assignment Style

All sources referred to in your essay, including any diagrams, must be referenced to in-text and be included in a full reference list at the end of the assignment, according to APA system of referencing.

1. Your assignment should be type-written
2. Spacing 1.5 with font size 12 using Arial font style.
3. Include page no.
4. Include a Reference Page at the end of your assignment.

My assignment shall be in the following format :

Format : APA Referencing.
Word Count : 2000 Words +/- 10%.

(Prefer to have at least 2000 words)

Assignment Brief

I would prefer if you could select your home country.

Very Important

Introduction - 250 Words +/- 10%

• Provide an overview of the chosen country's economy.

Production Output Performance Analysis - 500 Words +/- 10%

• Real GDP, Real GDP Growth Rate, Real GDP per capita analysis.

• Define and explain how each indicator above measures performance of the economy.

• Describe and explain performance trends of the economy.

• Research and explain Government's measures adopted to achieve the production output performance.

(Please refer to www.worldbank.org if you do not know where to obtain Real GDP Data).

Steps : Once you are in the above website, click on "Data" > Browse by "Country" > Select the Country and hit Download on the right.

I will need you to search for the following as it is a mandatory data for this assignment :

1. real GDP [search for: GDP at market prices (constant 2010 US$)
2. real GDP growth rate [search for: GDP growth (annual %)]
3. real GDP per capita [search for: GDP per capita (constant 2010 US$)]
4. unemployment rate [search for: Unemployment, total (% of total labor force) (national estimate)]
5. inflation rate [search for: Inflation, GDP Deflator (annual %)]

Labour Market Analysis - 500 Words +/- 10%

• Describe unemployment trends based on unemployment rates.
• Define unemployment and describe the typical types of unemployment in an economy.
• Research and identify the types of unemployment in the chosen economy.
• Research and explain Government's measures adopted to achieve full employment.

Price Level Analysis - 500 Words +/- 10%

• Describe the inflation trend based on inflation rate.
• Define inflation and describe the typical causes of inflation.
• Research and identify the causes of inflation in the chosen economy.
• Research and explain Government's measures to achieve stable price.

Conclusion - 250 Words +/- 10%

• Summary of the key highlights of the discussion.

Reference no: EM131291064

Questions Cloud

Identify the approximate breakeven stock price : Then close the position on September 20. Use the spreadsheet to find the profits for the possible stock prices on September 20. Generate a graph and use it to identify the approximate breakeven stock price. Determine the maximum and minimum profit..
An excellent long distance runner : For each of the listed concepts or objects, design a scale measurement that would enable you to collect data on that concept/object.
Determine the appropriate hedge ratio : Then show how a $1 stock price increase would have a neutral effect on the spread value. Discuss any limitations of this procedure
Calculate the shannon h-index for diversity : Calculate the Shannon H-index for diversity of each habitat type, and rank the habitats by diversity - How are wet and dry primeval forests similar? How do they differ? Consider species richness, evenness, diversity, and composition in your answer.
How each indicator above measures performance of economy : Define and explain how each indicator above measures performance of the economy. Research and explain Government's measures adopted to achieve the production output performance.
Identify the two breakeven stock prices : Construct an appropriate butterfly spread using the October 160, 165, and 170 calls. Hold the position until expiration. Determine the profits and graph the results. Identify the two breakeven stock prices and the maximum and minimum profits
Evaluate capacity of the most common distribution channel : evaluate the capacity of the most common distribution channels available for the new product launch to provide consumers with easier access to the product. Speculate on the extent to which Golds Reling, Inc. could use each channel to meet profit g..
Identify some of the employment law issues : Identify some of the employment law issues discussed in the Presidential election cycle. In your opinion, what is the most important? Why? Chose at least one news article or academic article to support your opinion or illustrate your discussion.
Explain the role of a questionnaire in the research process : Discuss the advantages and disadvantages of using unstructured (open-ended) and structured (closedended) questions in developing an online, selfadministered survey instrument.

Reviews

Write a Review

 

Macroeconomics Questions & Answers

  Discuss with specific reference to the bank of england

The problem belongs to Economics, mainly to Macroeconomics and the problem is about one of the most important functions of central bank which is undertaking monetary control.

  The economy consumes a constant fraction of output

Show that equation (1) implies that per capita investment is also a constant fraction of per capita income. Which equation, which was not stated in the set up of this question, do you need to show this?

  Determine what the equivalent annual benefits

Use an interest rate of 8% per year to determine what the equivalent annual benefits must be to ensure a B/C ratio of at least 1.0.

  Consideration of the ideas and concepts

Your presentation should demonstrate thoughtful consideration of the ideas and concepts presented in the course and provide new thoughts and insights relating directly to this topic. Incorporate appropriate animations, transitions, and graphics as..

  What is the probability that a plan recipientd ies before

What is the probability that a plan recipientd ies before they reach the standard retirement age of 65?

  Increase profits by raising revenue

Firms cam increase profits by increasing revenue and/or reducing costs. Provide three example (cite all reference) of firms that are trying to increase profits by raising revenue and three that are trying to do so by reducing costs.

  Articulated lorenz curve model

Question 1: Provide a fully articulated Lorenz Curve Model showing each of these two nations (both on the same model).  Question 2: What is the Gini Coefficient for Mira? (Remember to convert all percentage to decimal equivalents and to carry to th..

  Explain how your answers to test yourself question 5 would

Explain how your answers to Test Yourself Question 5 would differ if each of the assumptions changed. Specifically, what sorts of changes in the assumptions would weaken the effects of monetary policy?

  Find out the marketplace value of output and household

Find out the marketplace value of output and household saving. What is the relationship of saving and investment.

  What will happen to output and the price level in short run

Suppose the Fed expands the money supply, but because the public expects this Fed action, it simultaneously raises its expectation of the price level. What will happen to output and the price level in the short run

  Calculate the amount of interest earned

(i) Calculate the principal that will earn a total of £2,535 in 4 years at 3¼% simple interest per annum. (ii) Calculate the amount of interest earned in the first year

  What is the equivalent present value of the following

what is the equivalent present value of the following series of payments 7000 the first year 6500 the second year 6000

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd