Describe the inflation trend based on inflation rate
Provide an overview of the chosen economy
Production output performance analysis
– Real GDP, Real GDP growth rate, Real GDP per capita analysis
– Define and explain how each indicator above measures performance of the economy
– Describe and explain performance trends of the economy
– Research and explain Government’s measures adopted to achieve the production output performance
Labour market analysis
– Describe unemployment trends based on unemployment rates
– Define unemployment and describe the typical types of unemployment in an economy
– Research and identify the types of unemployment in the chosen economy
– Research and explain Government’s measures adopted to achieve full employment
Price level analysis
– Describe the inflation trend based on inflation rate
– Define inflation and describe the typical causes of inflation
– Research and identify the cause(s) of inflation in the chosen economy
– Research and explain Government’s measures to achieve stable price
Conclusion
– Summary of key highlights of the discussion
1. Spacing 1.5 with font size 12 using Arial font style.
2. Include page no.
3. Include a Reference Page at the end of assignment. APA REFERENCING AND CITATION FORMAT
4. Provide at least 10 references
5. The essay shall be about 2,000 words.
