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Explain unemployment trends based on unemployment rates

Assignment Help Macroeconomics
Reference no: EM131307528

Assignment: Russian Economy Outlook

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: EM131307528

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