Economic Review of a Foreign Nation
For this assignment, you will analyze the macro economy of a foreign nation. Upon completion of your research, you will produce a 1,000 to 1,500 word paper findings related to this country’s economy, recent changes, relative size, potential issues and challenges, relative strengths, and other key characteristics. At least one original graph with 10 or more years of data is required. Multiple graphs and other visual material are encouraged. Be sure to cite all work. A rubric that will be used to grade this presentation is provided below. Please note that numerous links are also provided below to get you started.
Please make sure your paper includes the following:
-The country you are analyzing should be identified and key descriptive information you see as important in describing this country should be identified. You might include things that are related to the economy or foreshadow discussions that will follow – such as comments about your key issues.
-Key economic characteristics such as the size of the economy, its growth rate, inflation, unemployment, name and value of currency, or other important characteristics should be given and compared to a benchmark such as the U.S. or the World. This material should not simply be listed within a paragraph but should be intertwined within the paper. Use this section to showcase your understanding of the variables we have learned this semester.
-Two (or more) key issues that have either historically shaped the nation or remain significant factors that will face the nation in the future. These might include geopolitical conflict, resource use or scarcity, civil war, technological issues, infrastructure issues, education or health, or many others. This section should be the largest section of the paper. Note that it is the most valuable section. Make sure it is connected to economics and the nation’s macroeconomy.
-Your outlook for the country moving forward is required. This should comprise of a broad economic forecast one or more years forward or a discussion of how your key issues might unfold. It might include one or more variable such as GDP, population, or others. Your forecast should be supported with well thought out justifications and should be specific. You will not be judged on your forecast but will be judged as to how well you support it.
The paper should be between three and five pages typed (1,000 to 1,500 words) and should include at least one original graph with no less than ten years of time series data. Please see me or contact me if you are having difficulty obtaining these data.
Please note that this paper requires more than a simple wikipedia search. Below you will find numerous sources that you might use but you are welcome to expand beyond this list. You should compile resources from several sources and write a clear and well organized paper that demonstrates research and comprehension. References to macroeconomic concepts discussed in class should be included. As a warning, any plagiarism will result in a zero on the research paper. Please make sure you do not use external sources inappropriately. If you do not fully understand plagiarism and citing sources, please contact TCC’s writing center at https://www.tcc.edu/service-support/tutoring-services/writing-assistance/ (Links to an external site.)
To best understand how you will be graded, a sample of the rubric that will be used to grade your paper is posted in this module.
Paper Grading Rubric
(Identified the country, provide basic descriptive statistics such as population, health, geography, and others.)
(Key characteristics such as GDP, economic growth, inflation, unemployment and others are referenced.)
Two or more key issues that have shaped or are shaping this country’s economy are identified and described. They are related to economics.
(A one year prediction as to where this economy is headed or how these key issues will be resolved is is clearly and explicitly provided and justified.)
Organization and flow
(The paper should follow an outline and be logically organized and easy to follow.)
Visual aid/supporting material
(An original graph with 10 years of data is included.)
Paper length, grammar, and other mechanics
(The paper should be 1,000 to 1,500 words (3 to 5 pages) and should be proofread and spell-checked.)