Working individually, conduct research on the economic performance of ONE (1) 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.More marks will be awarded for reports which provide more detailed discussion and in-depth analysis. The essay shall be about2,000 words (+/- 10%).

economy

gold reaches record price of almost $1,900 per ounce was just one of the many headlines on the soaring price of gold in late 2011.The price of gold rose by 28% from $1,483 per troy ounce on 01 july 2011 to a high of $1,895 on 05 september.By 26 september it had fallen by 16% to $1598. Figure 1 shows the price of gold to be very volatile. In an essay of 1250 words or fewer, use economic analysis to explain changes in the price of gold and why the price of gold has proved so volatile.
reference from Griffiths and walls and Business Management third edition or any economics book

Part 2
Answer all five questions below in 1250 words or fewer. The questions carry equal marks.

a)    Show that, compared to perfect competition, monopolies reduce output and increase price. Does this mean that monopolies are always against the public interest? (8%)
b)    Explain how the existence of externalities (whether from congestion or pollution) cause a less than optimal allocation of resources in road transport (8%)
c)    Why might GDP not be a good measure of the level of welfare or economic activity within an economy? (8%)
d)    What is meant by ‘the multiplier’? What determines its size and why does it matter? (8%)
e)    Using Aggregate Supply and Aggregate Demand analysis explain the short- and long-run effects national economic output and prices of a reduction in government spending? (8%)

Part 3
‘Gold reaches record price of almost $1,900 per ounce’ was just one of the many headlines on the soaring price of gold in late 2011. The price of gold rose by 28% from $1,483 per troy ounce on 01 July 2011 to a high of $1,895 on 05 September. By 26 September it had fallen by 16% to $1,598. Figure 1 shows the price of gold to be very volatile.

Question:
In an essay of 1250 words or fewer, use economic analysis to explain changes in the price of gold and why the price of gold has proved so volatile.

Reference From Griffiths And Wall Economic And Business Management Third Eidtion Or Any Economic Books.

economy

gold reaches record price of almost $1,900 per ounce was just one of the many headlines on the soaring price of gold in late 2011.The price of gold rose by 28% from $1,483 per troy ounce on 01 july 2011 to a high of $1,895 on 05 september.By 26 september it had fallen by 16% to $1598. Figure 1 shows the price of gold to be very volatile. In an essay of 1250 words or fewer, use economic analysis to explain changes in the price of gold and why the price of gold has proved so volatile.
reference from Griffiths and walls and Business Management third edition or any economics book

Part 2
Answer all five questions below in 1250 words or fewer. The questions carry equal marks.

a)    Show that, compared to perfect competition, monopolies reduce output and increase price. Does this mean that monopolies are always against the public interest? (8%)
b)    Explain how the existence of externalities (whether from congestion or pollution) cause a less than optimal allocation of resources in road transport (8%)
c)    Why might GDP not be a good measure of the level of welfare or economic activity within an economy? (8%)
d)    What is meant by ‘the multiplier’? What determines its size and why does it matter? (8%)
e)    Using Aggregate Supply and Aggregate Demand analysis explain the short- and long-run effects national economic output and prices of a reduction in government spending? (8%)

Part 3
‘Gold reaches record price of almost $1,900 per ounce’ was just one of the many headlines on the soaring price of gold in late 2011. The price of gold rose by 28% from $1,483 per troy ounce on 01 July 2011 to a high of $1,895 on 05 September. By 26 September it had fallen by 16% to $1,598. Figure 1 shows the price of gold to be very volatile.

Question:
In an essay of 1250 words or fewer, use economic analysis to explain changes in the price of gold and why the price of gold has proved so volatile.

Reference From Griffiths And Wall Economic And Business Management Third Eidtion Or Any Economic Books.