Principles of Macro Economics

Assignment 1

GDP Analysis of Two Countries

Task

Choose TWO countries of your choice one developed and other developing economy.

1) For each of the country chosen, plot graphs for the following macroeconomics variables
from the year 1990 to 2012. The terms in the bracket tell you the exact name of the
measure you need to extract from the World Bank’s website.
a) Real GDP (GDP constant 2000 US$)
b) Real GDP per capita (GDP per capita constant 2000 US$)
c) Real GDP growth (GDP growth annual %)
d) Consumption expenditure to Real GDP ratio (Final consumption expenditure % of
GDP)
e) Investment expenditure to Real GDP ratio (Gross fixed capital formation % of GDP)
f) Government purchases to Real GDP ratio (General Government final consumption
expenditure % of GDP)
g) Exports (NX) to Real GDP ratio (Exports of goods and services % of GDP)

2) Analyze trends of real GDP per capita and real GDP growth across each country chosen.

3) Compare and contrast the contribution of various components (i.e. Consumption,

investment, government purchases and net exports) of the GDP in the context of each of
the country.

Requirement:
  The assignment should be typed in Microsoft Word. Handwritten assignments will not be
accepted.
 The title page should include the name of all group members and title of the project. For
example, if you have chosen India and china, the title for your study should be ‘GDP
analysis of India and china’.
 The maximum word limit for the assignment is 1500 words with 12’ font size and one
and half line spacing. Anything beyond 1500 words will not be checked. Try to focus on
quality rather than quantity. The Font style should be Times New Roman.
 All the graphs produced with the help of the Microsoft Excel should be copied into word
document with proper formatting and labels.
 There is a zero tolerance policy for the plagiarism. If any case of plagiarism is found, it
would be dealt quite strictly, the assignment will be given 0 marks.
 Copied Assignments will be awarded 0 Marks.
 This is a group assignment. You are required to work in the group of 3 or 4. Each group
should submit only one assignment.
 Each group must select different countries.

The deadline for the submission is 10th of April 2019, i.e. Wednesday. The hard copy of the
assignment is due at the start of the class. Late submission will be penalized in the form of grade
reduction. In addition to the hard copy, each group will have to submit the soft copy too. You
should mail the soft copy of the assignment before coming to class on 10th of April 2019 on the
e-mail address, ‘bilal.m.yaseen@gmail.com’.

Data sources
WorldBank: http://databank.worldbank.org/data/views/variableselection/selectvariables.aspx?
source=world-development-indicators