Assignment:
Introduction - 250 Words
Provide an overview of the chosen country's economy.
1. Production Output Performance Analysis - 500 Words
a. Real GDP, Real GDP Growth Rate, Real GDP per capita analysis.
b. Define and explain how each indicator above measures performance of the economy.
c. Describe and explain performance trends of the economy.
d. 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.
Mandatory data for this assignment :
a. real GDP [search for: GDP at market prices (constant 2010 US$)
b. real GDP growth rate [search for: GDP growth (annual %)]
c. real GDP per capita [search for: GDP per capita (constant 2010 US$)]
d. unemployment rate [search for: Unemployment, total (% of total labor force) (national estimate)]
e. inflation rate [search for: Inflation, GDP Deflator (annual %)]
2. Labour Market Analysis - 500 Words
a. Describe unemployment trends based on unemployment rates.
b. Define unemployment and describe the typical types of unemployment in an economy.
c. Research and identify the types of unemployment in the chosen economy.
d. Research and explain Government's measures adopted to achieve full employment.
3. Price Level Analysis - 500 Words
a. Describe the inflation trend based on inflation rate.
b. Define inflation and describe the typical causes of inflation.
c. Research and identify the causes of inflation in the chosen economy.
d. Research and explain Government's measures to achieve stable price.
4. Conclusion - 250 Words
a. Summary of the key highlights of the discussion.