Identify and analyze five current global macroeconomic issues influencing the world. Provide recommendations on strategic applications of fiscal and monetary policies, utilizing relevant economic models, to leverage these macroeconomic factors for the benefit of economies Use the Harvard referencing method.
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You are to choose a major macroeconomic policy issue facing a country, compare it with another country where there is no such problem or where there has been a great policy response to the issue. You will compare the two economies and prepare a report (using the example of success economy) that can be used as a policy briefing paper by a senior decision-maker in either govt. or business providing recommendations to the other economy. To give your report a global perspective, you will be making a comparative analysis of the economy being chosen to deal with the current issue with some other economy The report should have sections such as (1) short introduction (2) critical review for first article (3) critical review for second article (4) a comparative analysis of both the articles and (5) conclusion and recommendations based on the analysis followed by a reference section. Also, attach a one page executive summary at the beginning of your report- this is optional. The approximate length of the report is around two thousand words. Provide references with links
Sher C.
You are to choose a major macroeconomic policy issue facing a country, compare it with another country where there is no such problem or where there has been a great policy response to the issue. You will compare the two economies and prepare a report (using the example of success economy) that can be used as a policy briefing paper by a senior decision-maker in either govt. or business providing recommendations to the other economy
Each student will research and assess one country according to the criteria listed below. Students will determine appropriate responses to the questions provided and summarize their findings in a 5-6 page formal essay following APA formatting and style guidelines. At the end of this document, a few sources have been cited that will provide a starting point for research relating to the Canadian economy. Data on the economy of the United States of America (USA) is available easily from the web page of the Federal Reserve System and other federal statistical agencies. If you choose a country other than Canada and USA, the web pages of United Nations (UN) agencies will be helpful. Choose the country you would like to research: Canada, USA, or any other country in which you have a particular interest. In your essay, you will consider and address the following questions and points: What is the current state of the economy that you have chosen? Collect the latest available data on nominal GDP, real GDP, per capita real GDP, unemployment rate, inflation rate, interest rates, exchange rate(s), and any other important macroeconomic data. Is the country experiencing an inflationary gap or a recessionary gap? What kind of macroeconomic policy should this country follow? Is the real GDP growing and at what rate? What is the per capita real GDP on Purchasing Power Parity basis? What is the trend in this variable? Is the per capita real GDP increasing? Can you find the relevant data for the last couple of years or more? Is the current unemployment rate close to NAIRU? Higher or lower? At what stage of the Business Cycle is this country presently in? Is there an inflationary or recessionary gap? What kind of fiscal and monetary policies is this country presently following? Expansionary or contractionary? What kind of exchange rate policy is this country presently following? Fixed exchange rate or flexible exchange rate? How is this country's economy going to perform in the coming years? What does the future look like? Will the unemployment rate and inflation rate change? Why or why not?
Akash M.
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