BAEC 2204 Higher College of Technology Macroeconomics Questions kindly answer in a word file do not forget the references (if needed) to avoid plagiarisim

BAEC 2204 Higher College of Technology Macroeconomics Questions kindly answer in a word file do not forget the references (if needed) to avoid plagiarisim HIGHER COLLEGE OF TECHNOLOGY
DEPARTMENT: BUSINESS STUDIES
Final Examination:
Assignment Based Assessment
Semester: II
A. Y.: 2019 / 2020
Diploma II Year
Start Date: 29-5-2020
Time: 2 PM
Due Date:31-5-2020
Time: 2 PM
Student Name
Student ID
Specialization
Section
1
Level
Diploma second year
Course Name
Principles of Macroeconomics
Course Code
BAEC2204
For official Use Only
Question No.
Max. Marks
Obtained
Marks
1
2
5
5
1
2
Max.
Marks
5
5
3
4
5
5
3
4
5
5
5
5
5
5
6
5
6
5
7
5
7
5
8
9
10
5
5
5
8
9
10
5
5
5
Grand Total
Marks
50
Question No.
50
Obtained
Marks
First Marker:
Second Marker:
Date:
Date:
Guidelines for Students to Submit the Assignment:
1)
2)
3)
4)
5)
6)
The final assessment for semester 2, 2019-20 will be done through comprehensive
assignment for a maximum of 50 marks. The schedule of the final assessment is available
in
the
college
website.
https://www.hct.edu.om/about/thecollege/announcements/finalassessment-timetable-041620
All the students are expected to have only one assignment at one time. In case, if the students
have more than one assignment on the same day, please report to the exam committee
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All students are given 48 hours to complete and submit each assignment from the day, date
and time the assignment is uploaded. Students are advised not to wait till the last moment of
the deadline to submit the assignment.
The students can check the assignment anytime and any number of times from the opening
of the assignment. The answer to the assignment need to be uploaded in elearning within 48
hours.
The answer to the assignment can be uploaded only one time. No requests for resubmission
of the assignment will be entertained.
The students may contact the following mail Ids if they face any difficulties while related to
final assignment.
For Academic related support :
Business Courses
anand.kalimani@hct.edu.om
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For Technical Writing 1
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Students may contact their respective lecturer through college email (within the 48-hour
period given) if they have any doubts and clarifications on the assignments.
Students should be aware that this assignment is an independent assessment. Students are
not allowed to get help from any other person during the assessment period.
Student’s assignment will be checked for plagiarism through Turnitin software. This
assignment will be assessed as per the College Assessment Policy. Student will be
investigated in case of plagiarism as per the College policy and procedures. The maximum
acceptable similarity index is 25%.
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Any assignment submitted after the 48-hour period will not be considered for evaluation.
The assignment should be submitted only with the file in MS Word document. No other
format is acceptable at all (e.g. pictures, JPEG, PDF, etc).
The students need to answer the assignment in the prescribed number of words as mentioned
in the assignment.
The students need to follow the following format while preparing the assignment :
Font Style: Times New Roman
Font Size: 12 point for body and 14 point for Headings
Line Spacing: 1.5
Margin: 2.54cm (One inch) on all the sides
Page Number : At the bottom right hand corner of each page Colour:
All words should be in black colour
15)
Students who will fail to submit their assignment as per the deadline given are required to
make an online appeal along with the valid excuses as the guidelines which will be
announced through the college website or e-learning portal within three days from the date
of submission deadline.
SECTION A
Important: – Each answer should have minimum 100 words, if data or table used to support
your answer, must give proper reference
This is Oman’s economic indicators go through it very carefully, Answer questions given
below the table.
Oman Economy Data- TABLE ONE
Population (million)
2014
2015
2016
2017
2018
3.7
3.8
4.0
4.1
4.2
GDP per capita (USD)
21,784 18,080 16,311 17,020 18,947
GDP (USD bn)
81.0
68.3
65.4
70.5
79.2
Economic Growth (GDP, annual variation in %)
1.4
4.6
5.1
0.3
1.8
Consumption (annual variation in %)
5.9
0.7
-0.5
5.9
0.6
Investment (annual variation in %)
2.4
-1.2
16.5
-4.3
-5.1
Industrial Production (annual variation in %)
0.2
5.1
4.8
-1.6
2.6
Unemployment Rate
3.9
3.5
3.3
3.1
3.1
-3.4
-17.6
-21.1
-13.9
-8.7
Public Debt (% of GDP)
4.9
15.5
32.7
46.4
53.4
Inflation Rate (CPI, annual variation in %)
1.0
0.1
1.1
1.6
0.9
Policy Interest Rate (%)
1.00
1.00
1.19
1.95
2.93
Exchange Rate (vs USD)
0.39
0.39
0.39
0.39
0.39
Current Account (% of GDP)
5.2
-16.0
-19.1
-15.6
-5.5
Current Account Balance (USD bn)
4.2
-10.9
-12.5
-11.0
-4.3
Trade Balance (USD billion)
25.6
9.1
6.3
8.8
18.1
Exports (USD billion)
53.5
35.6
27.5
32.8
41.7
Imports (USD billion)
27.9
26.5
21.3
24.1
23.6
Exports (annual variation in %)
-5.1
-33.4
-22.8
19.4
26.9
Fiscal Balance (% of GDP)
Imports (annual variation in %)
International Reserves (USD)
-13.0
-4.8
-19.9
13.3
-2.0
16.3
17.5
20.2
16.1
17.4
Source of the https://www.focus-economics.com/countries/oman
1. Based on the table, identify and explain the components of Aggregated Demand. Show the
variation in the Components of AD over four years which contributes the maximum to the
AD. [1+4= 5 Marks]
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2. From the table, relate Fiscal balance and Current account balance. Analyze why both show
negative trend. [2+3= 5 Marks]
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3. What is the trend in the fluctuation of OMR exchange rate against Dollar? What is
method used for fixing exchange rate against $ and how is related to the trend shown in the
table. [Marks 2+3= 5 Marks]
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4. From the table we see that Trade balance is growing steadily but the Fiscal balance shows
negative trend. Are these related variables or independent variables. What does it indicate
about the AD and AS of Oman’s economy? [2+3= 5 Marks]
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SECTION B
Important: – Each answer should have minimum 100 words, if data or table used to support
your answer, must give proper reference
Study the graph carefully and answer the question
5. Calculate the NON-WORKING POPULATION of Male and NON-WORKING
POPULATION of Female of the country based on the population structure given above in
the chart. Consider the minimum working age is 20, explain working and non-working
population and show calculation to demonstrate how you have reached the conclusion. [2+3
= Marks]
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6. With help of the population structure chart and unemployment rate given in the Oman
economic Data- table 1 calculate number of people employed in Oman. Formula and
calculation should be shown clearly. State what the Fiscal measures are taken by Oman
government to increase employment rate over last one year (answer need to be with reference
to avoid plagiarism). [2+3= 5 Marks]
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