Question:
You must address specific issues involving the two nations you were given. (a) to (e) below.
(a) Provide comparative statistics on real GDP growth rate, unemployment rate and inflation rate for the last 10 years.
(b) Explain how the identified macroeconomic indicators above are related to each other in the context of the observed data and theoretical expectations. You are expected to aid your discussion with graphical illustrations. What key factors are driving the macroeconomic indicators?
(c) Based on academic literature and other authentic sources, critically evaluate the extent to which the pair of countries assigned to you has successfully applied monetary policy in 2020 and 2021 following the advent of COVID-19. With solid justification, explain which country has been more successful.
(d) Based on academic literature and other authentic sources, critically evaluate the extent to which the pair of countries has used fiscal policy to deal with the adverse effects of a COVID-19 recession.
(e) Using information from three peer review journal articles, critically evaluate the success of inflation targeting, a monetary policy approach adopted by some countries since the 1990s.
Consider the following:
Use reliable data sources such of those of international organisations such as country government websites, IMF, World Bank, OECD, Asia Development Bank, CAF- Development Bank of Latin America, Africa Development Bank, journal articles by economists and academics.
Must Also Read:- Introduction to Economics
Discover The Best Course Code For Economics Assignments
We offer all kinds of Economics assignment help services along with Microeconomics and Macroeconomics. A few of the subjects are listed below:
| ECON60401 Financial Economics |
PM302 Economics and International Trade |
IB8270 Economics Of The Business Environment |
| EC4505 Advanced Macroeconomics |
EC100 Economics For Business |
BAM020 Economics For Managers |
| C27BA Introductory Macroeconomics |
5021ECN Intermediate Macroeconomics |
SMM559 Supply Chain Economics |
