Do the countries have similar levels of economic activity

Assignment Help Macroeconomics
Reference no: EM13814954

TASK

You should create a report that compares the economic profile of Benin with the economic profile of the UK.

OBJECTIVE

Your report should demonstrate that you can use ICT skills to support your work as an economist using Microsoft Excel and Microsoft Word. You will be assessed on the quality of your presentation (appearance of your submission DOES matter) as well as on written content. You should demonstrate awareness of important macroeconomic indicators and be able to draw meaningful comparisons between the two countries on the basis of these. You should be able to display AND discuss your data appropriately.

REQUIREMENTS

Your report should compare some key features of the two economies, Benin and the UK. Choose features that are important, rather than trivial, and for which you can find data; for example:

- Do the two countries have similar levels of economic activity?

- Are the two country's economies growing at the same rate?

- Are both countries equally open to international trade?

- Is the standard of living the same?

- Is labour productivity the same?

- Try to look at long-run trends, not just the most recent figures, so that you can report on whether the relationships you describe are increasing or decreasing or staying roughly constant.

The format of your report must be a word document and you should:

- Write a minimum of 800 words of text, maximum of 1300 words.

- Begin with a text-only summary of no more than 150 words in which you briefly summarise the comparison you have made.

- Explain your choice of variables and their meaning.

- Include tables imported from Microsoft Excel and graphs imported from Microsoft Excel or PowerPoint onto your Microsoft Word document.

At least one table should involve calculations, for example of growth rates or of ratios between two measurements.
- Use stylistic devices such as bold, underline, italics, or large font to add emphasis where suitable, e.g. to titles.
- Follow your report with a list of references to web-sites where further information is available. Use Harvard referencing. Annotate each item in this list with a brief description of what sort of information is available.

Reference no: EM13814954

Questions Cloud

Fundamental change from the capitalist system : Society and economy have undoubted changed in many ways over the past 100 years. But do these changes add up to a fundamental change from the capitalist system of the 19th century? Discuss with reference to
Identify the critical psychosocial dilemma faced : Identify the critical psychosocial dilemma faced
Identify several key members of factory workers : Identify several key members of Factory workers. Discuss the selected group's position on reform. Discuss how the selected group contributed to positive change.
Theories of human learning and cognition scoring : THEORIES OF HUMAN LEARNING AND COGNITION SCORING
Do the countries have similar levels of economic activity : Do the two countries have similar levels of economic activity and are the two country's economies growing at the same rate?
What counterclaims may be brought against leon : Leon Landlord owned a duplex in the state of Navasota, which follows the majority common law rules on matters of landlord and tenant law. How much can Leon recover in damages against Teresa or Mabel? What counterclaims may be brought against Leon i..
How do these issues affect field of psychological testing : How do these issues affect field of psychological testing
Who has superior title to the cabin property : Assume that the jurisdiction has a race-notice recording act statute and the statute of limitations to perfect title by adverse possession is seven years. As between Lurch and Pugsley, who has superior title to the cabin property
Is the united states doing enough to reduce carbon emissions : Is the United States doing enough to reduce carbon emissions - Will the recent Copenhagen Climate Conference do anything to slow global climate change?

Reviews

Write a Review

Macroeconomics Questions & Answers

  How does the law of diminishing marginal returns

Your decision to pursue a higher-level degree is based on investment in human capital. What are the marginal costs and benefits of pursuing additional education and the inherent risks associated with this decision.

  How is the american auto industry an oligopoly

How is the american auto industry an oligopoly? 2-3 page paper about this .and how the companies differentiate from one another but yet still initially sell the same products: cars.

  Explain why do you think macro-economics applies

Explain why do you think macro-economics applies to your organization. Give at least two examples of macro-economic actions that could affect your organization.

  Derive the marginal cost of production

Carlton Corporation, a manufacturer of electronic equipment, determine the following relation between its marginal cost of production output:

  Current unemployment figures for australia

Many people find the current unemployment figures for Australia at 5.5% unbelievable. Why is this? Why might the official statistics be inaccurate

  Opportunity cost of leisure has increased

Which of the following is now true of his opportunity costs and there is no change in the opportunity costs. B. The opportunity cost of leisure has increased.

  Calculate the equilibrium level of real gdp

Calculate the equilibrium level of real GDP. Does the government succeed in increasing real GDP and calculate the equilibrium level of real GDP.

  Calculate new wage and employment level in each sector

Because of the War of the Ring, the price of a sword went up to $150. Calculate new wage and employment level in each sector. (c) Do Hobbits gain or lose if the price of a sword goes up to $150? (To answer the quest..

  Describe what is the critical value for the test statistic

Recently, students in a marketing research class were interested in the driving behavior of students. Specifically, the marketing students were interested if exceeding the speed limit was related to social activity.

  Should the government set a goal of reducing marginal cost

Explain the difference between fixed production technology and variable technology. Should the government set a goal of reducing the marginal social cost of pollution to zero in industries with fixed-production technology.

  Decreasing marginal rate of technical substitution

Determine which of the following combination of inputs is most closely reflective of decreasing marginal rate of technical substitution?

  Irrigation improves the yield of strawberries per acre

irrigation improves the yield of strawberries per acre measured in pints according to the fucntion s -w-22 50 where s

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