MACROECONOMICS ASSIGNMENT Summer Semester 2016 General 1. Form a group of up to four students 2. Choose a team leader 3. Select a country to be the subject of your assignment. 4. The report should be approximately 1,500 words in length 5. The team leader should send an email to the Macroeconomics instructor ([email protected]) containing the names and student ID numbers of the members of your group as well as the name of the chosen country. 6. If you cannot find a group, contact the instructor asap. Question 1 What is the current macroeconomic situation of your chosen country? (6 marks) Question 2 What are two major macroeconomic problems in this country and what is the main cause of each problem? (7 marks) Question 3 What can the government (or other domestic entity) do to solve each of these problems? (7 marks) Tips:  An excellent source of material is The CIA World Factbook https://www.cia.gov/library/publications/the-world-factbook/  Consider such variables as: • GDP (PPP basis) • per capita income • growth of GDP • ratio of work force to total population • employment and unemployment • inflation • income distribution • exports and imports • size of government (expenditure as a share of GDP) • public debt  Use a comparator such as the world economy, India or the United States