Assignment
Working individually, 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.
Provide more detailed discussion and indepth analysis. The essay shall be about 2,000 words (+/- 10%).
iii) Assignment Format The essay should be presented in the following format.
Sections
Introduction (200 words)
• Provide an overview of the economy chosen
Production Output Performance Analysis
• Real GDP, Real GDP growth rate, Real GDP per capita analysis
• Describe and explain the performance trends
• Research and discuss Government's measures to achieve the economic performance
Labour Market Analysis
• Describe unemployment trends based on the unemployment rate
• Discuss the types of unemployment
• Research and discuss Government's measures to achieve full employment
Price Level Analysis
• Describe the price level trend based on the inflation rate
• Discuss the causes of inflation (if any)
• Research and discuss Government's measures to achieve stable price
Conclusion (200 words)
• Summary of key highlights of discussion
Extra details
Have to provide graphs for Real GDP, Real GDP growth rate, Real GDP per capita, unemployment rate, inflation rate. -> all graphs are to be taken from tradingeconomics.com
References are to be provided in APA style.
Every point have to define and explain. ->Real GDP, Real GDP growth rate, Real GDP per capita, unemployment rate, inflation rate.
Introduction and conclusion should be around 200 words each, 2nd paragraph should be around 700 words and 3rd and 4th paragraph the total amount of words should be 900.