Discuss the performance of the economy over those ten years

Assignment Help Macroeconomics
Reference no: EM13825239

Question-

Conduct research on the economic performance of one country in the last 10 years from 2004 to 2013 by applying 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.

Discuss the performance of the economy over those ten years and provide evidence and explanations for the economic performance such as 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.

Additional Information-

The question belongs to Economics, mainly Macroeconomics and it is discusses about conducting research on one country for the past ten years and to know the economic performance of the country on various grounds such as GDP growth rate, economic development, unemployment rate, GDP per capita, inflation rate, etc. An example of Thailand has been taken and research on Thailand's economic development in the past ten years has been given in the answer.

Word limits- 1300

Reference no: EM13825239

Questions Cloud

Explain how procurement systems are specified : Explain how procurement systems are specified
Explain the concepts bounded rationality and satisficing : Explain the concepts bounded rationality and satisficing. Why are these concepts important. Give an example illustrating each.
Explain the term population from a biology standpoint : What was the total number of re-captured red wolves from areas 1 to 10 - what was the total number of marked red wolves from areas 1 to 10?
Importance of cash flow statement : This question relates to Accounting Basics and it's discussed about the importance of cash flow statement in addition to balance sheet and income statements. Apart from balance sheet and incomes statement, a cash flow statement is also used for ar..
Discuss the performance of the economy over those ten years : The question belongs to Economics, mainly Macroeconomics and it is discusses about conducting research on one country for the past ten years and to know the economic performance of the Thailand.
Certified non-union agreement : Bokklur Pty Ltd was a producer of steel products which it supplied to the local building industry. The company had a workforce of 2000 personnel in companies dispersed throughout Queensland and South Australia.
Reducing the risk of oos or out-of-stock in retail industry : Reducing the risk of OOS or Out-of-Stock in retail industry
Prepare a statement of financial position for the company : This problem relates to Accounting and it is about preparation of statement of accounts which include income statement, cash flow and balance sheet statement for a fictitious company. Apart from the preparation of the statements of accounts, an in..
Federal unfair dismissal claim : Allan had been employed by EW Services Pty Ltd for six years. The company, which employed 150 workers, operated an engineering workshop serving the local mining industry.

Reviews

Write a Review

Macroeconomics Questions & Answers

  What is the difference between general fund and cash funds

For each of the following situations, determine whether the money supply will increase, decrease or stay the same. i. Depositors become concerned about the safety of depository institutions ii. The Fed lowers the required reserve ratio

  Explain why the price elasticity of demand for turkeys is

Explain why the price elasticity of demand for turkeys is likely to be lower but the price elasticity of demand for turkeys at a PARTICULAR STORE is likely to be greater at thanksgiving than at other times of the year

  Can we conclude that relevant geographic market is smaller

A firm, which is the only supplier of a good located in a particular town, is accused of engaging in anticompetitive tactics in order to protect its monopoly position in that town. As part of its defense, the firm has argued that the geographic an..

  Calculate the marginal product of labor

According to the table above, if the wage rate is $500 and the price of output is $5, how many workers should the company hire?

  Elucidate how tax credit to a business would help

Elucidate how tax credit to a business would help to stimulate the economy.

  Why profit-maxim firm would never use something like dice

According to some translations, Nobel laureate Albert Einstein once said, " God does not play dice with the universe." Does this mean that a profit-maximizing firm would never use something like dice or a roulette wheel to help shape its pricing d..

  Monopoly firm is different from a competitive firm

A monopoly firm is different from a competitive firm in that there are many substitutes for a monopolist's product while there are no substitutes for a competitive firm's product or else.

  What are the best investment strategies

What are the prospects for profitable investments infinancial markets? Do markets follow a random walk so that profitsare mostly a matter of chance? Is it possible to outguess themarket? What are the best investment strategies?

  How does this event affect the demand for money

If the fed does not respond to this event what will happen to the price level?

  What are some of the problems in using fixed weights

What are some of the problems in using fixed weights to compute real GDP and the GDP price index? How does the BEA’s approach attempt to solve these problems?

  An economy consists of two regions the north and the south

an economy consists of two regions the north and the south. the labor market is initially in an economy-wide

  How much does myra include in gross income

Myra receives a $20,000 gift from her cousin and inherits $80,000 in corporate bonds from her Aunt. Myra receives $7,000 in interest income from the bonds. How much does Myra include in gross income?

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