Summary of guidelines concerning the preparation and submission
of the assignment
Each student will write a paper on the topic of his/her choice based on published numbers relating to main macroeconomic indicators and macroeconomic policies in different countries and relating to chapters 17-25 in the textbook.
The student will choose among the following indicators:
- GDP
- Inflation
- Unemployment
- Government budget
- Exports and Imports
It is recommended to make the comparison of the level and/or the development of either two of indicators in one country (e.g. GDP and inflation, or GDP and unemployment or GDP and government budget etc.) or one indicator in two or more countries over the period of about 4-5 years.
The topic of the assignment should be approved by the teacher.
The assignments should be typewritten and double spaced on 4 pages (600-800 words of text plus two pages of tables or/and graphs) using 12 point type. Students should not write more than this - the instructor will not read beyond the second page of text and second page of tables.
Students should demonstrate the understanding of principles of macroeconomic indicators, the ability to work with published statistical data and critically assess analyzed issues. The relevant conclusion(s) of analyzed topic is expected. A list of references should be attached.
The demonstration of understanding the relevant terms (e.g. value added, deflation or inflation, expansion or recession, natural rate of unemployment, Okun’ s law, budget debt and deficit, etc.) will be appreciated. Students are supposed not to write definitions of indicators but to demonstrate understanding of their application.
The topic of the assignment should be approved by the teacher by the 10th week. Assignments should be submitted by the 12th week. . Later submission leads to lowering the grade (minus 3% for each week).
Helena Fialova
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