Project(12 pages without title page):

• Title page
• Abstract/Executive summary
• table of contents
• introduction
• Report body
• conclusion
• Appendix
• References

Project Task/requirements:

Open the link:

http://www.reuters.com/article/2012/03/14/imf-emirates-economy-idUSL5E8EE6CY20120314

you find the following article:

"IMF sees UAE GDP growth slowing to 2.3 % in 2012"

1. Summarize the articles with your own words.

2. Which stage in the business cycle do you think the economy is in?

3. Give two reasons to defend your chosen business cycle.

4. Identify the right fiscal policy that should be followed: contractionary or expansionary.

5. Explain why this fiscal policy should be used.

6. Explain how this fiscal policy would impact the economy.

7. Analyze how the information provided in the article will impact the macroeconomic indicators. You should use two indicators: output and unemployment in your analysis.