Reference no: EM132691322
ECON2002 Principles of Economics - Laureate International Universities
Assignment Research Based
In groups of 3 students or Individually you are expected to prepare a 1 500 word research report which addresses the following:
You are required to select any one group of countries from the table below.
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Group A
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Finland
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Norway
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Sweden
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Denmark
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Group B
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Australia
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Canada
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New Zealand
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United States
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Group C
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Singapore
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Thailand
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Indonesia
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Malaysia
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Group D
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Russia
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Greece
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Spain
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Italy
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(a) Collect and tabulate information on the Nominal GDP of each of the countries (in Millions of the respective currency of the country), inflation rate and the unemployment rate for the years 2006 to 2018. Determine the nominal growth rate of GDP over the period.
(b) Provide on a comparative basis a well-reasoned and supported comment on what has happened to economic growth in each of the countries chosen over the period 2006 to 2018. From your research provide reasons why such a pattern of economic growth occurred. (750 words).
(c) Discuss how economic growth has influenced the inflation rate and unemployment rate over the given period. (550 words).
(Note that for the introduction and the conclusion the maximum number of words should be 200)
In addition to the above, you will also be assessed on the following: .
(d) Content audience and purpose
(e) Critical reasoning, presentation and the logic of your argument and/or position
(f) Analysis and Application with synthesis of knowledge
(g) Use of academic conventions and sources of evidence
(h) Effective communication
(i) Peer review
Attachment:- Principles of Economics.rar
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