Indicators dashboard assignment 2022 Macroeconomics is about more than just the models discussed in the textbook. JM Keynes wrote about the master economist: ..."He must understand symbols and speak in words. He must study the present in the light of the past for the purposes of the future". As part of your training as master economists, you need to keep an eye on the news and macroeconomic indicators that economists are interested in. For 20% of your module mark you need to present the indicators that you followed throughout the semester in a indicators dashboard. This is due on 27 May 2022. Instructions: • You can compile your dashboard in any way that you like, but for assessment you need to upload a pdf report on eFundi. This report needs to present the indicators data in tables and graphs, and you need to briefly interpret them: o Use the macroeconomic policy objectives as a starting point: economic growth and increasing employment, stable and low inflation, a sustainable balance of payments position, and the reduction of inequality. o HINT: Consider what macroeconomic variables are used to measure these objectives and which agencies keep records of these. Are they measured on a monthly, quarterly, or annual basis? How have they changed over the last months leading up to May 2022? What has been the impact of COVID and the recovery, if any? What else can you see or say about these variables? Have the Macroeconomic objectives been met?
Indicators dashboard assignment 2022 Macroeconomics is about more than just the models discussed in the textbook. JM Keynes wrote about the master economist: ..."He must understand symbols and speak in words. He must study the present in the light of the past for the purposes of the future". As part of your training as master economists, you need to keep an eye on the news and macroeconomic indicators that economists are interested in. For 20% of your module mark you need to present the indicators that you followed throughout the semester in a indicators dashboard. This is due on 27 May 2022. Instructions: • You can compile your dashboard in any way that you like, but for assessment you need to upload a pdf report on eFundi. This report needs to present the indicators data in tables and graphs, and you need to briefly interpret them: o Use the macroeconomic policy objectives as a starting point: economic growth and increasing employment, stable and low inflation, a sustainable balance of payments position, and the reduction of inequality. o HINT: Consider what macroeconomic variables are used to measure these objectives and which agencies keep records of these. Are they measured on a monthly, quarterly, or annual basis? How have they changed over the last months leading up to May 2022? What has been the impact of COVID and the recovery, if any? What else can you see or say about these variables? Have the Macroeconomic objectives been met?
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter2: Fundamental Economic Concepts
Section: Chapter Questions
Problem 5E
Related questions
Question
Transcribed Image Text:Indicators dashboard assignment 2022
Macroeconomics is about more than just the models discussed in the textbook. JM Keynes wrote
about the master economist:
..."He must understand symbols and speak in words. He must study the present in the light of the past
for the purposes of the future".
As part of your training as master economists, you need to keep an eye on the news and
macroeconomic indicators that economists are interested in.
For 20% of your module mark you need to present the indicators that you followed throughout the
semester in a indicators dashboard. This is due on 27 May 2022.
Instructions:
•
You can compile your dashboard in any way that you like, but for assessment you need to
upload a pdf report on eFundi.
•
This report needs to present the indicators data in tables and graphs, and you need to briefly
interpret them:
o Use the macroeconomic policy objectives as a starting point: economic growth and
increasing employment, stable and low inflation, a sustainable balance of payments
position, and the reduction of inequality.
o HINT: Consider what macroeconomic variables are used to measure these objectives
and which agencies keep records of these. Are they measured on a monthly,
quarterly, or annual basis? How have they changed over the last months leading up
to May 2022? What has been the impact of COVID and the recovery, if any? What else
can you see or say about these variables? Have the Macroeconomic objectives been
met?
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 5 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Managerial Economics: Applications, Strategies an…
Economics
ISBN:
9781305506381
Author:
James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:
Cengage Learning
Macroeconomics: Principles and Policy (MindTap Co…
Economics
ISBN:
9781305280601
Author:
William J. Baumol, Alan S. Blinder
Publisher:
Cengage Learning
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Managerial Economics: Applications, Strategies an…
Economics
ISBN:
9781305506381
Author:
James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:
Cengage Learning
Macroeconomics: Principles and Policy (MindTap Co…
Economics
ISBN:
9781305280601
Author:
William J. Baumol, Alan S. Blinder
Publisher:
Cengage Learning
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax