Question 1:
Using data from Eurostat and/or the ECB, illustrate (with your own graphs from excel or other software) and explain your assessment of the current macroeconomic perspectives in the Euro Area. Why is the ECB not following a more restrictive monetary policy (increased interest rates, ending of unconventional policies)? What would be the potential effects of such policy on the Euro Area economy?
Question 2:
Focusing on the French economy and using all the economic information you need, present briefly and describe the results of one French economic sector listed below (industry codes are provided). During the period 2010 to 2017, what are the main drivers of thus companies’ benefits? What trend can we expect for this sector in 2018 and 2019? Detail and argue your answer using several scenarios with an upside and downside risk assessment.
The list of sectors:
C301 Building of ships and boats
C13 Manufacture of textiles
C27 Manufacture of electrical equipment
H49 Land transport and transport via pipelines
C21 Manufacture of basic pharmaceutical products and pharmaceutical preparations
G46 Wholesale trade, except of motor vehicles and motorcycles
C28 Manufacture of machinery and equipment n.e.c.
H51 Air transport
