StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Nobody downloaded yet

Economic Indicators - Case Study Example

Comments (0) Cite this document
Summary
The paper "Economic Indicators" presents that the world is composed of over 200 countries that operate in a global economic system. Some nations are doing better than others; the top nations such as the United States and Japan are categorized as developed nations…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.8% of users find it useful
Economic Indicators
Read TextPreview

Extract of sample "Economic Indicators"

Download file to see previous pages This paper discusses the subject of fiscal policy based on the simulation Evaluating Fiscal Policy Alternative in which the player plays the role of president of the nation of Erehwon.
The gross domestic product of a nation measures the overall output of the economy. The most commonly used method to calculate GDP is the expenditure approach which is the sum of four variables: consumption, investment, governmental spending, and net exports (Quickmba, 2009). One of the objectives of any economic system is to achieve the higher possible gross domestic product which determines economic growth. The reason a higher gross domestic product in general terms is a favorable condition is that it raises the standard of living of the population. An economic metric that better illustrates the actual wealth of the inhabitants of a nation is GDP per capita which takes into consideration the population variable (GDP) population). As the president of a country with a low GDP per capita of $1,300, a figure comparable to the economic condition of Sri Lanka in 2006, my fiscal policy decisions are going to be tough (Finfacts, 2009). The aggregate demand/supply framework will be needed to facilitate my decision-making process.
The simulation starts me governing Erehwon in the year 2003. Two of my executives are proving me with recommendations and advice along the way. The country is currently facing a recession. My first and top concerns based on the principles of the aggregate demand and supply framework are too pay close attention to the twin evil of macroeconomics which is unemployment and inflation. The two biggest problems the economy is facing is a rising unemployment rate and low levels of consumer confidence. Problems with these two macroeconomics variables at Erehwon are similar to what is occurring in the US economy right now which is in the middle of a recession in 2009.  ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Economic Indicators Case Study Example | Topics and Well Written Essays - 1500 words, n.d.)
Economic Indicators Case Study Example | Topics and Well Written Essays - 1500 words. https://studentshare.org/finance-accounting/1721512-fiscal-policy-simulation-and-paper
(Economic Indicators Case Study Example | Topics and Well Written Essays - 1500 Words)
Economic Indicators Case Study Example | Topics and Well Written Essays - 1500 Words. https://studentshare.org/finance-accounting/1721512-fiscal-policy-simulation-and-paper.
“Economic Indicators Case Study Example | Topics and Well Written Essays - 1500 Words”. https://studentshare.org/finance-accounting/1721512-fiscal-policy-simulation-and-paper.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Economic Indicators

Economic Indicators' Impact on Different Stock Categories

... Introduction The release of data pertaining to economic indicators is always eagerly awaited by investors. These indicators include unemployment, consumer price index (CPI) and/or inflation, and even housing starts. At the same time, central bank changes in interest rates are also anxious moments for stock market investors. It is not uncommon to see immediate swings in the stock markets following the release of economic data for the country. Quite naturally, correctly anticipating the economic indicators and being on the “right” side of the market can prove to be extremely profitable for an investor. There are, however, hundreds of economic indicators available/released regularly. While every indicator is an important measure of a facet...
25 Pages(6250 words)Research Paper

UK Economic Indicators

...?Introduction This article focuses on the use of various macroeconomic indicators. Macroeconomic indicators are statistical indicators of the economyof any country that reflect the different economic sectors of the state (the labor market, real estate, industrial and trade sectors, etc.). Stock market traders are actually using fundamental analysis for the trade; keeping track of the values of key macroeconomic indicators. It is quite easy, as they are published in the strict time limit and they are actively discussing the situation at market. Typically, macroeconomic indicators are divided into several types according to their significance for exchange movements, as it affects the volatility of the market at the time of publication index...
16 Pages(4000 words)Assignment

Trending and predicting movements of economic indicators

...Trending and predicting movements of economic indicators Research on monetary policy and their effect on stock market are important as it will explain the purpose of monetary policy in promoting price stability and moderate interest rates. Determining the impact of monetary policy to stock market will enable market analyst to predict stock movements. Trending and predicting movements of economic indicators will enable market analyst to determine foreign exchange trends. For economic planners it is imperative to model the optimum monetary policy to ensure that there is economic stability. And for bankers and financial managers who wants to exercise prudence and responsible banking it would be wise to work with monetary authorities...
4 Pages(1000 words)Dissertation

Economic Indicators

...? Economic Indicators Discussion Emphasising on the macro-economic indicators of Australia, the discussion henceforth analyses the long term statistical data of the pure alcohol available for consumption from alcoholic beverages and the per-capita consumption of such commodities. The graphical indicators of the trend have been presented below: Figure 1: Apparent Consumption of Pure Alcohol (Australian Bureau of Statistics, 2012) The trend depicted above states that the portion of pure alcohol available for the consumption in the form of beer has decreased almost by 50%, i.e. from 76% in 1961 to 42% in 2011. On the contrary, the consumption of pure alcohol available in the form of wine has increased substantially from 12% in 1961 to 37...
3 Pages(750 words)Assignment

Economic Indicators

...? Economic Indicators Economic Indicators The economic indicators allow for analysis of economic performance as well as predictions of future performance. The economic indicators includes indices like unemployment rate, gross domestic product, consumer price index, prices in the stock market and changes in the money supply (Moreland, 2013).. Economic indicators are useful only when the researcher has the idea to interpret. There has been strong correlation between economic growth and profits of organizations. Data on economic indicators Unemployment rate: The following provides the data on unemployment rate of United States. The time period taken under consideration is 2002 to 2012. Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2002...
3 Pages(750 words)Essay

Gulf Cooperation Council (GCC'S). Economic Indicators

... Introduction The aim of this study is to provide an up d overview regarding the Gulf Cooperation Council (GCC). In order to do so, variety of economic indicators were taken into consideration to provide significant insights for the past 10 years until 2012. The factors that are taken into consideration in this study include GDP Growth rate, inflation rate, fiscal position of the GCC along with the money supply and external accounts. 2. Gulf Cooperation Council The term GCC stands for Gulf Cooperation Council, which was founded on 26th May, 1981. The aim of this council was to promote coordination and cooperation among the member countries in all aspects of life to enhance harmony and unity. The countries that are member of this council...
7 Pages(1750 words)Article

ECONOMIC INDICATORS

...Economic Indicators... Economic Indicators... goods: All goods that are used by the producer to produce some other goods are known as intermediate goods. These goods are just used as a value addition to the primary product, such goods are usually called as raw material or the semi-finished goods too. Intermediate goods do not have their utility and demand for their own sake rather they are demanded for the production of final goods. For instance if raw cotton is used for producing yarn, raw cotton is the intermediate good then, but if yarn is used for producing cloth, then yarn becomes the intermediate good. Thus, intermediate goods are those which are traded from one industry to another either for reproduction of a final good or for the resale...
4 Pages(1000 words)Essay

ECONOMIC INDICATORS SLP

...?Economic Indicators Labor is an important factor of production for all firms. The most recent unemployment rate is estimated at 7.7% (February 2013). Economists have identified three types of unemployment. Which type would affect your firm. Explain. According to Economists, there are three types of unemployment prevailing in the US. They are structural unemployment, frictional unemployment and cyclical or seasonal unemployment. Structural unemployment arises out of the change in demand of technology and taste in the industry. For instance, the typewriter industry has no demand now because of the emergence of computers. Frictional unemployment takes place when workers change or switch between different jobs. For example, change of job...
4 Pages(1000 words)Essay

Economic Indicators Paper

... or directing the resources towards inefficient use in order to create jobs. Th paper studies the automobile industry with the help of the six economic indicators – real GDP, Unemployment rate, Inflation rate measured by the Consumer Price Index (CPI), Auto Sales, Foreign Exchange Rate and Oil and Fuel Prices. The study focusses essentially on the inflation rate which in turn affects the other indicators as well as the industry and a whole. The economic indicators: Real GDP: This is the measure of the total output produced during a specific time period within a certain territory. This is measured at constant prices in order to adjust for the inflation rate. This helps in estimaitng the size of the economy with ajdustment in prices...
5 Pages(1250 words)Essay

Economic Indicators

...Economic IndicatorsEconomic Indicators illustrate how sound the economy is working at present and how well it is going to perform in the future. These indicators influence the investor’s predictions about the future of the economy. The investors use the available information to make decisions and forecasts. The economic Indicators have different relations with the Economic Business Cycle. They are either Pro cyclic, Counter cyclic or Acyclic in nature. A pro cyclic economic indicator shifts in the same direction as the current market situation. Hence, if the financial system is functioning well, this number is increasing and vice versa. A counter cyclic economic indicator shifts in the opposite direction as the economy. An acyclic...
4 Pages(1000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic Economic Indicators for FREE!

Contact Us