Reference no: EM132329523
Business Brief: Aggregate Supply and Demand Analysis
To assess your ability to research the drivers of aggregate supply and demand in your chosen country.
CHOSEN COUNTRY IS THAILAND.
You are asked to analyze a country's economy through the application and analysis of economic data. In this week's assignment you are asked to assess the possible drivers of aggregate supply and demand in your chosen country based on the economic data you have collected.
Action Items -
1. Download the Aggregate Supply and Demand Analysis Table to your computer.
2. Review Chapters 13 and 14 in Farnham (2014).
- Go to The World Factbook.
- In the upper right dropdown click on "Please select a country to view"
- Once on your chosen country's page, click on "Economy" and use the data there to complete the Country Economic Data Worksheet
- Consider Equation 14.1, Table 14. 1, and Table 14.2 provided in the Week 5 Discussion Supplement attached and assess the implications of the economic data you collected for your chosen country on the factors/variables identified in the textbook as determining aggregate supply and demand.
3. Write a 2-page business brief describing what variables have caused aggregate demand and supply to shift in the recent past in the economy of your chosen country. What variables have been most impactful on GDP? What, if any, additional data would be helpful to you in explaining changes in GDP?
4. Ensure using economical terminologies and expressions to reflect your understanding for your chosen country. Support your writing with data from the sheet and numbers from your research.
Attachment:- Assignment Files.rar