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.
