ECO20004: Macroeconomic Policy - Report Writing - Economics Assignment Help

Assignment Task:

Task:

Assignment overview

You are required to form a team of two to write a report that analyses a country's economic outlook and challenges. Your report will be based on the economic reports produced by The Organisation for Economic Co-operation and Development (OECD). OECD is an intergovernmental economic organisation with 36 member countries. Macroeconomists at OECD analyse countries’ economic outlook and challenges. Based on their analyses, they offer macroeconomic policies to governments to tackle the issues. They also explain how these policies can improve macroeconomic performance.
This assignment supports unit learning outcomes 1, 2, 3 and 4.

Assignment details

The report should use macroeconomic theories, graphs and tables to analyse the chosen country's economic outlook and challenges, and provide macroeconomic policies to assist governments to tackle the issues and explain how the policies can improve the macroeconomic performance.
The countries you can choose to analyse in your macroeconomic report are Australia, China, Germany, Greece, Japan, Netherlands, New Zealand, Indonesia, Norway, Spain, South Korea, Turkey and USA.

The report should include five sections:
1. Brief summary
2. Introduction
3. Analysis and discussion of challenges
Some questions to consider in this section include:
What are the economic challenges of the country?

How have these challenges evolved? You may need to search out of the country report to find out the short history of problems.
How severely has the country been impacted by COVID-19? What economic challenges has it imposed on the country?

4. Analysis and discussion of policies
Some questions to consider in this section include:
What are the macroeconomic policy recommendations by the OECD analysers?

Explain how each policy can tackle the issues. You must link the recommended policies to the theories that we will learn throughout the teaching period such as classical theory, quantity theory of money, the Fisher effect, Keynesian cross, IS-LM model, AD-AS model, Mundell-Fleming model, Philips curve and Ricardian equivalence. What policies has the country adopted post COVID-19? How can each policy tackle the issues? What is your evaluation of the policies?

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