23 Jun Conduct research over the last ten years, 2004 to 2013, on the economic performance of one (1) country by applying macroeconomic indicators. Assignment format a
Conduct research over the last ten years, 2004 to 2013, on the economic performance of one (1) country by applying macroeconomic indicators. Assignment format as below: 1) Introduction – Provide an overview of the chosen economy 2) Production Output Performance Analysis – 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 Governments measures adopted to achieve the production output performance 3) Labour Market Analysis – Describe unemployment trends based on unemployment rates – Define unemployment and describe the typical types of unemployment in an economy – Research and explain Governments measures adopted to achieve full employment 4) Price Level Analysis – Describe the inflation trend based on inflation rate – Define inflation and describe the typical causes of inflation – Research and identify the cause(s) of the inflation in the chosen economy – Research and explain Governments measure to achieve stable price 5) Conclusion – Summary of key highlights of the discussion – Explain how the policies of the government aim to achieve full employment, stable price and/or economic growth
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