Question details

Russian Economy Outlook
$ 10.00

Introduction - 250 Words +/- 10%

  • Provide an overview of the chosen country's economy.

Production Output Performance Analysis - 500 Words +/- 10% 

  • 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.

(Please refer to www.worldbank.org if you do not know where to obtain Real GDP Data).

Steps : Once you are in the above website, click on "Data" > Browse by "Country" > Select the Country and hit Download on the right.

I will need you to search for the following as it is a mandatory data for this assignment : 

 

  1. real GDP [search for: GDP at market prices (constant 2010 US$)
  2. real GDP growth rate [search for: GDP growth (annual %)]
  3. real GDP per capita [search for: GDP per capita (constant 2010 US$)] 
  4. unemployment rate [search for: Unemployment, total (% of total labor force) (national estimate)]
  5. inflation rate [search for: Inflation, GDP Deflator (annual %)] 

Labour Market Analysis - 500 Words +/- 10%

  • 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 - 500 Words +/- 10%

  • Describe the inflation trend based on inflation rate.
  • Define inflation and describe the typical causes of inflation.
  • Research and identify the causes of inflation in the chosen economy.
  • Research and explain Government's measures to achieve stable price.

Conclusion - 250 Words +/- 10%

  • Summary of the key highlights of the discussion.
Available solutions