Country - Germany
Purpose of Assignment
Students examine the long-run determinants of both the level and the growth rate of real GDP per person and the factors that determine the productivity of workers and what governments might do to improve the productivity of their citizens. Students will learn how saving and investment are coordinated by the loanable funds market and will see the effects of taxes and government deficits on saving, investment, the accumulation of capital, and ultimately, the growth rate of output. Students will be introduced to tools that people use when they participate in financial markets. Students will see how people compare different sums of money at different points in time, how they manage risk, and how these concepts combine to help determine the value of a financial asset, such as a share of stock. Students will be introduced to the labor market and how economists measure the performance of the labor market using unemployment statistics. Students will address a number of sources of unemployment and some policies that the government might use to lower certain types of unemployment.
Assignment Steps
Resources: National Bureau of Economic Research. CIA's World Factbook. Organization for Economic Co-operation and Development. You should also consider the sources in the University Library listed under Country Profiles and Economic Data.
Scenario: Select one of IndustryWeek magazine's best 50 U.S. manufacturers, which are posted at IndustryWeek and select a product produced by that manufacturing firm. Do not select Apple Inc. or Hershey.
Imagine the strategic, five-year plan of the firm (the manufacturer you selected) includes an aggressive growth plan to build a new manufacturing plant that requires: (1) investment in land, buildings, facilities and equipment, (2) growth in productivity, and (3) growth in employment from 100 to 2,000 over the next five years. You have been assigned to evaluate the potential of locating the new plant in a country outside the U.S. by creating a table with relevant information. The Country Listing document, which is posted with this assignment as a Student Material, includes a list of countries along with a list of students' names; for this assignment, you need to evaluate the country that appears in the same row as your name.
Please note: Locating facilities in foreign countries is referred to as offshoring.
Complete the blank cells in the table that is included in the document Table for Week 2 Assignment 372.
In the table, explain: (1) factors that affect productivity, (2) the country's financial system, (3) risks of locating a facility in a foreign country, and (4) the availability of labor.
Cite a minimum of three peer-reviewed sources not including our textbook (Mankiw). Appropriate sources could include information from any government statistics-gathering agencies or economic development agencies in the country where you are considering locating the manufacturing facility as well as other creditable sources including the CIA's World Factbook and the Organization for Economic Co-operation and Development. You should also consider the sources in the University Library listed under Country Profiles and Economic Data.
After your references page, your paper should include a brief addendum that discusses how you implemented/used the feedback you received on your Week 1 Circular Flow Model, GDP, and Inflation assignment to improve your Week 2 Macroeconomic Trends and Offshoring assignment. Your addendum should consist of a bulleted list of at least 2 bullets and no more than 5 bullets; the word length of each bullet should be at least 5 words and no more than 10 words. Please note: If this addendum is not included, then a 10 percent penalty will be assessed.
Please note: Throughout Week 2, I will post messages in our Learning Activities related to this assignment; you will be expected to read those messages as well as the discussions of the information posted in those messages and incorporate any relevant information from those discussions into this assignment.
Also note: Your grade on this assignment will be based on the content of your answers, on your in-text citations, and on your references list. Your grammar, punctuation, spelling, and other writing mechanics will not be graded, but you might lose points if your answers are unintelligible.
Again, the only APA formatting that is required are: (1) in-text citations for all quotes and paraphrases and (2) a reference list.
Attachment:- Assignment form.rar