Waldorf United Kingdom & United Arab Emirates Economic Evaluation Report 1200 words minimum pick United Arab Emirates and the UK I uploaded the full inst

Waldorf United Kingdom & United Arab Emirates Economic Evaluation Report 1200 words minimum

pick United Arab Emirates and the UK

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You are required to write a report to evaluate the economic performance of two countries in the last 15 years. You should select two countries from the list below; • Bhutan • Brasil • China • India • Russia • Turkey • United Arab Emirates • United Kingdom • Zambia Your report should include the two countries’ economic systems with reference to the market mechanism, resource allocation and the role of government interventions in managing the economy. It should also explain the source of countries’ competitive advantages.

The report should analyse the main macroeconomic indicators and trends over the last 15 years and compare the economic growth and welfare performance of the two countries. The aim of the task is to test your understanding on taught economic concepts including economic systems, national income and the circular flow of income, economic growth and welfare, business cycles and government macroeconomic objectives and policy intervention.

The assignment will also test ability of effective interpretation by using linguistic skills and strategies and economic vocabulary. In your report, you are required to distinguish between the different economic systems, macroeconomic trends, objectives and policy interventions of two countries with a particular focus on economic growth. You need to demonstrate your ability in applying theoretical concepts to real situations and explain the strengths and limitations of GDP as a measure of economic welfare.

Please use official statistical data, reported business news, academic reports and use economic diagrams and charts throughout the report to illustrate your points. You must ensure that this assignment is your own work and in your own words. Any ideas/theories based upon the work of other writers must be fully acknowledged and correctly referenced both within the text and the bibliography. It is not acceptable to quote major sections of text, even if it has been fully referenced.

PLS SELECT UNITED ARAB EMIRATES AND UNITED KINGDOM. pls follow instructions and structure and perferred sources of data and information Assessment Task Instructions: Core Task: You are required to write a report to evaluate the
economic performance of two countries in the last 15 years. You should select two countries
from the list below; • Bhutan • Brasil • China • India • Russia • Turkey • United Arab Emirates •
United Kingdom • Zambia Your report should include the two countries’ economic systems with
reference to the market mechanism, resource allocation and the role of government interventions
in managing the economy. It should also explain the source of countries’ competitive
advantages. The report should analyse the main macroeconomic indicators and trends over the
last 15 years and compare the economic growth and welfare performance of the two countries.
The aim of the task is to test your understanding on taught economic concepts including
economic systems, national income and the circular flow of income, economic growth and
welfare, business cycles and government macroeconomic objectives and policy intervention. The
assignment will also test ability of effective interpretation by using linguistic skills and strategies
and economic vocabulary. In your report, you are required to distinguish between the different
economic systems, macroeconomic trends, objectives and policy interventions of two countries
with a particular focus on economic growth. You need to demonstrate your ability in applying
theoretical concepts to real situations and explain the strengths and limitations of GDP as a
measure of economic welfare. Please use official statistical data, reported business news,
academic reports and use economic diagrams and charts throughout the report to illustrate your
points. You must ensure that this assignment is your own work and in your own words. Any
ideas/theories based upon the work of other writers must be fully acknowledged and correctly
referenced both within the text and the bibliography. It is not acceptable to quote major sections
of text, even if it has been fully referenced. Report Structure: Here are some suggested ideas on
report layout and content points
1. Introduction: (100 words) • Explain how countries differ in development and why there are
differences in levels of development between countries. • Provide a brief introduction to the
question you intend to address in your report and briefly outline the main content of your report.
2. Economic Profile of the first country of your choice (300-400 words) ✓ Describe the
characteristics of the economy. Including but not limited to economic system, resource allocation
and government interventions, economic sectors, main industries that drive economic growth and
sources of competitive advantages of the country • Examine recent Macroeconomic data, trends
& objectives ✓ GDP, unemployment, inflation, balance of payments, exchange rates, monetary
policy, fiscal policy, the effect of the corona virus on supply and demand 3. Economic Profile of
the second country of your choice (300-400 words) ✓ Describe the characteristics of the
economy. Including but not limited to economic system, resource allocation and government
interventions, economic sectors, main industries that drive economic growth and sources of
competitive advantages of the country • Examine recent Macroeconomic data, trends &
objectives ✓ GDP, unemployment, inflation, balance of payments, exchange rates, monetary
policy, fiscal policy, the effect of the corona virus on supply and demand
4. Comparative analysis of the of the economic growth and welfare of two countries over the last
15 years (400-500 words) • Examine the economic growth of these two countries, and how it has
been achieved. ✓ Use GDP growth figures of the last 15 years for analysis. ✓ Take into account
the global financial crisis, technological change, environment, supply-side shocks, disasters and
how these affected the country. • Evaluate how well GDP measures the welfare of the society
and examine the standards of living in both countries by looking at economic and social welfare.
You should use indicators from the list below: ✓ GDP per capita ✓ Income inequality ✓
Population living below poverty line ✓ Unemployment figures ✓ Human Development Index
(HDI) ✓ Inequality-adjusted Human Development Index ✓ UN’s Multidimensional Poverty
Index (MPI)
5. Conclusion (100 words) • Compare the economic growth and standards of living between the
two countries. o In terms of economic growth and living standards which country is performing
better and why? o Has economic development contributed to living standards in these countries?
6. References (not included in word count) • Harvard referencing – use a range of high quality
reference sources Theory and/or task resources required for the assessment: • You are expected
to use academic sources from textbooks and the Online Library. • You must use official sources
of economic data for this assessed task, finding relevant sources. Students can use the following
databases to find data: o World Bank DataBank o United Nations Development Programme
Database o International Labour Organisation (ILO) Statistics and Database o International
Monetary Fund DataBank o Central Bank Reports / Data • You should use diagrams as part of
your response to the question. • You should refer to a minimum of 5+ relevant sources for your
report. • Your notes or materials provided in class will not be counted as academic references. •
Wikipedia and economics reference websites such as economics.com will not be counted as an
academic reference. • The marking criteria are listed below. These are the things your tutor will
be looking for when marking your report. Assessment reference style: • You should refer to a
minimum of 5+ relevant sources for your work. • You must include a full Harvard style in-text
citation. • A full bibliography is also required at the end of the report. Expected word count: The
word limit for this report is 1,200 words (±10%) Learning Outcomes Assessed: The following
learning outcomes are assessed in this task: • Module learning outcomes (MLOs) 1-6 with
emphasis on economic systems and macroeconomic performance Submission Requirements: •
You must type your assessment in Arial font 12, with single spacing. • Assessments submitted
after the submission deadline may incur penalties or may not be accepted. • You will be required
to submit the report electronically via the VLE Assessment Feedback: Your tutor will mark the
assessment and provide you with a written feedback. Assessment Criteria The assessment will be
marked using the following five, weighted, marking criteria, as follows: 1. Economic Profile of
the a first country of your choice (25%) 2. Economic Profile of a second country of your choice
(25%) 3. Comparative Analysis of the economic growth and welfare and other macroeconomic
trends, objectives and policies of the two countries (30%) 4. Use of sources and support (10%) | •
Whether you use tables, charts or diagrams to help explain your economic ideas, the quality and
relevance of any data and diagrams used and how well you introduce them and use them in your
work. • Accurate citation and referencing of any texts used (a referencing guide is given below);
and quality and relevance of the sources used. 5. Language and Presentation (10%) • The quality
of grammar and the structure, formatting and clarity of expression and use of appropriate
economics related terminology of your answers. You will receive a mark in each of these
categories. Your overall mark will be a percentage (100%).

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