Part 1: research and references
After selecting the country, students will start collecting the data and finding the resources and references that will help understand the macroeconomic environment of the selected country. The purpose of this project is for you to try out macroeconomic analysis in the “real world.” The outline below is the guidelines for that should be taken in consideration when writing the project.
Part 2: The country’s profile:
1. The country’s profile: Geography, economic system, political system, population and Business environment (etc.)
2. The infrastructure,
Education and Human capital
Road, airports, ports, telecommunication, access to the internet, ect..
3. Overview of the main industries
4. Summary part 2: strength and weakness (Country’s comparative advantage)
Part 3: Economic Outlook
1. Labor market (overall and by Gender and Age)
a. Labor Market
b. Unemployment and employment
c. Problems facing the labor market
2. The total Output (GDP)
By industry and change other time
Consumption Approach: detailed Analysis
Consumer consumption(C)
Government Spending
Investment
Trade Balance (export and Import)
The Income Approach
Wages, Rent, Interest, Profit
Income inequality and wealth distribution
3. Major event in the Business Cycle (reasons)
The effects on labor market and inflation
Part 4: Conclusions:
The conclusion should summarize the central the overall weakness and strength of the selected country’s economy. Therefore, any conclusions should be based on observations and data already discussed. No new data should be introduced in the conclusion section.
