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Question
Conduct research on the economic performance of one country over the last ten years, from 2004 to 2013, applying the macroeconomic indicators of real GDP, real GDP growth rate, real GDP per capita, unemployment rate and inflation rate to argue whether you think the performance to be strong or weak. Discuss the performance of the economy over those ten years and provide evidence and explanations for the economic performance such as a high unemployment rate, high inflation rate and/or steady, long-term economic growth. Where appropriate, you should also explain how the policies of the government aim to achieve full employment, stable price and/or economic growth.
Summary
The report has been prepared for the research that has been conducted for the economic performance of India over the last ten 10 years, from 2004 to 2013, by applying the macroeconomic indicators of real GDP, real GDP growth rate, real GDP per capita, unemployment rate and inflation rate. The performance of the economy is discussed based on the changes in employment rate, changes in inflation rate the stability of the economy in terms of the long term growth achieved by the economy over the ten year period. The discussion involves insight into the policies of the government and other factors that impact employment, stability and economic growth.
Total Word Count 1309
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