Assignment Brief -
Conduct research on the economic performance of one country over the last ten years, from 2005 to 2014, applying the 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 a 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.
Sections -
Introduction:
- Provide an overview of the economy chosen
Production Output Performance Analysis:
- GDP (meaning of GDP. no chart)
- GDP growth rate'. Describe and explain performance trends
- GDP per capita analysis (only for tits, you can compare with another country)
- Governments measures to achieve the economic performance.
Labour Market Analysis:
- Types unemployment (general)
- Describe unemployment trend (specific to your choice country)
- Government measures to achieve full employment
Price Level Analysis:
- Describe the inflation trend
- Causes of Inflation
- Government measures to achieve stable price
Conclusion:
- Summary of key highlights of discussion.