For this assignment you are to fill out the provided table highlighting some key variables for four different countries, USA, China, India and Nigeria. Then using the data you uncovered for each country and the material we have examined in this course write up an essay that contains the following topics.
Title page; Introduction; proper use of paragraphs; Summary Conclusion; Cited and Referenced
A recap of each country’s economic situation, base upon the 3 Key Macro-variables discussed in class. Hint; think business cycle, GDP, unemployment and inflation.
Based on your research you identify one strength and one weakness for each country as they try to grow and develop their economy. Hint; think how to shift the Production Possibilities Curve outward, as well as our discussion of economic growth and development. To be considered for full credit your paper needs to include specific examples drawn from your research.
Comparison of Four EconomiesVariable
USA
CHINA
INDIA
NIGERIA
GDP $
GDP growth rate %
GDP per capita $
GDP components
Consumption %
Investment %
Government %
Net Exports %
Industrial Output
Growth Rate %
UNEMPLOYMENT %
INFLATION %
HDI
HDI ranking
Population (billion)
Population growth %
Median Age
Literacy %
Corruption Index
Scoring Guidelines for Compare and Contrast Paper
Criteria Points
Table completely filled out. (20 points possible)
A recap of each country’s economic situation, relying on the 3 Key Macro-variables discussed in class, GDP, Unemployment Rate and Inflation Rate. (25 points possible)
Identification of one strength and one weakness for each country as they try to grow and develop their economy. (50 points possible)
Assignment must be APA formatted.
Title page or title header 1 point
Introductory paragraph 1 point
Proper use of paragraphs 1 point
Summary/concluding paragraph 1 point
References and citations for outside sources used 1 point