Determinant of income levels and economic growth

Assignment Help Microeconomics

Reference no: EM13740245

Economic Plan Project

1. With your group select a country that is classified as LIC by the World Bank.

2. Your group will need to determine which policies will help your developing country have real economic growth and ultimately prosper. As you know this is no small task and requires in depth and complex thought! The policies and reasoning should be based on sound economic thinking, models, and frameworks from class. You should use data and ideas from lecture along with case studies that give you insights into current issues.

3. Comment on which policies from your country will work and which won't. You should have a unified framework to analyze the country that all members from your group can discuss.

1. Introduce your essay with at least four sentences identifying the problems in the country and summarizing its main points as they relate to development. This will serve as an introduction to your discussion.

2. Describe briefly the determinants of income levels and economic growth according to the models and frameworks discussed in class.

3. Applying your answer to 2. in the context of the models/frameworks-at least three distinct reasons for why the country is growing at some specific rate-whatever it may be.

4. Conclude your essay with a summary highlighting your recommendations. Presentation Grading Criteria:

1. Presentation should show a complete understanding and mastery of all of the concepts used.

2. All members should contribute to the presentation in a consistent manner.

3. Presentation should have good mechanics, i.e. Flow, timing, rhythm, etc.

Reference no: EM13740245

Questions Cloud

Research employment law issues and policies : As the human resources manager, it is your responsibility to keep all human resources employees informed about current employment law. You want to empower employees with resources that they can use independently to research employment law issues a..

Describe the benefits and costs of international trade : Explain how these concepts describe the benefits and costs of international trade - What is it and how does it affect the decision-making process in our economic system?

Is this strategy successful for the organization : What transnational strategy does your organization in #1 above pursue? Is this strategy successful for the organization

Problem related to permanent replacement : Should employees engage in lawful strike activity be protected from permanent replacement? Explain your reasoning. This work requires two pages and two work citations. The citations must recent between 2009 through 2014.

Determinant of income levels and economic growth : Describe briefly the determinants of income levels and economic growth according to the models and frameworks discussed in class.

Explain an example of an unsound valid deductive argument : Explain an example of an unsound valid deductive argument and a sound valid deductive argument from the media. Outline both arguments presenting the premises and the conclusions of both.

Selection guidelines in the federal government : "The Supreme Court has held that the selection guidelines in the federal government's Uniform Guidelines on Employee Selection Procedures also apply to performance measurement" (Noe, Hollenbeck, Gerhart, & Wright, 2011, p. 249).

Communicate the change to the employees : Select the most appropriate channels to communicate the change to the employees, and explain why you selected these channels.

Determine where we are in the real estate cycle : determine where we are in the real estate cycle? Do you think we've hit the crash bottom? Evaluate when you think the market will start to turn up, if it has

User Account

All Pages