Economics Principles, Problems, And Policies
Economics: Principles, problems, and policies (21st ed.). Boston: McGraw-Hill Irwin.
Submit a written report. The guidelines for the paper are: Write your paper on the topic listed below. The paper must be typed and double spaced. The text of the paper must be at least 4 pages long but no more than 6 pages long. The title page and bibliography do not count as part of the 4 to 6 pages.
Make sure that you number the pages. You must use headings within your paper to separate main points. The paper must include one paragraph of introduction and one paragraph of conclusion. In your conclusion, you must summarize the main points of your paper. Your sources must include at least one book, at least two published periodicals and at least one other internet source.
For internet sources, you need to specify what person or organization is responsible for publishing the source on the internet. Each source must be quoted/cited in the body of your essay with a parenthetical reference (e.g., (McConnell et al, p100)) and the bibliography should then contain the corresponding entry (e.g., McConnell, C.R., Brue, S. L, & Flynn, S. M. (2009). Economics: Principles, problems, and policies (21st ed.). Boston: McGraw-Hill Irwin.). When you use material from a source, you must make clear where the material comes from, including page number. Your paper must have acceptable grammar and spelling. If the presentation of your paper is unacceptable, it will be returned to you and you must resubmit it in acceptable form.
Paper For Above instruction
Choose a country other than the United States to analyze from an economic perspective. Your report should begin with a general description of the country, including details such as its location, size, population, and government type. A brief explanation of why you selected this country should be included to provide context for your analysis.
Include a general overview of the country’s key industries, trade partnerships, and the dominant sectors driving its economy. This should be complemented by an assessment of the country’s standard of living, incorporating indicators like GDP, purchasing power parity (PPP), unemployment rate, inflation, income inequality, and poverty levels. Instead of merely listing statistical figures, interpret their significance: for instance, if poverty has decreased recently, explain potential causes such as government policies, economic growth, or social programs.
Make comparisons with well-known countries where appropriate to give a better understanding of the country’s economic standing. Also, consider socio-economic factors that influence the economy, such as protectionism, climate effects, or infrastructural aspects. These elements should be analyzed in relation to their impact on national productivity, economic resilience, or challenges facing the economy.
A critical component of your report is to recommend a specific macroeconomic policy aimed at improving the country's economic condition, supported by evidence and analysis presented earlier. Clearly state this policy in the introduction and elaborate on its potential effects, feasibility, and possible opposition arguments. Your report should also include a brief summary paragraph that recaps your main points, emphasizing the significance of your policy recommendation.
Ensure your report is organized in coherent sections with headings, includes at least one illustrative picture or chart if relevant, and is thoroughly referenced with credible sources. The final document should reflect proper academic writing standards, including clarity, coherence, and correct grammar and punctuation. The references must be accurately formatted according to the APA style and include at least one book, two scholarly periodicals, and one credible internet source responsible for the online publication.