Highlights
Task 1 (ECON1082 )
Choose the country / region you would like to research
Provide a brief country specific market history. Have there being any significant social, cultural or political events in the last year that might influence international transactions / engagement with trading partners or buying or selling of assets across borders.
Task 2
Begin to identify data sources (most recent available - refer to national statistics websites) and collate information on trends in the following variables such as:-
Consumer price index / inflation rates
Interest rates
Interest rates of trading partners
Real GDP
Consumer sentiment indices if available (Consumer expectations)
Balance of payments (current account balance)
Net Debt - as per International investment position
Summarise key points of interest in the context of your chosen region
Task 3
Applying and contextualising the data collated in the previous week assess:-
Is the country a net borrower or a net saver? - The current account balance?
What does this imply about trading consumption across time
Can you deduce anything about preferences for current / future consumption
What can you determine from (real) interest rates on the return on domestic investment relative to foreign investment
Have there been any changes in trading patterns recently
Summarise key points of interest in the context of your chosen region
Task 4
Consider the exchange rate and what is driving recent trends - is it a flexible or managed exchange rate mechanism?
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