PURPOSE

The purpose of this project is to introduce you to the source of some global macroeconomic information. You will compare macroeconomic data for different countries and apply what you learned in class in making recommendations about productivity and economic growth for a “poor” country.

INSTRUCTIONS

Select a country you think is rich. 2 points

Select a country you think is poor. 2 Points

1. Go to the website CIA WORLD FACT BOOK
2. From the CIA website in 3 above, compile data for the current 2 to 3 years for each country you selected in 1 & 2 above:
3. Write a paper that includes the following for each country:

Name of country. 2 points

Continent country is in. 2 points

1. Location of country (Which countries are around your chosen country?). 2 points
2. 3 natural resources in each country. 6 points

Population for most recent year. 2 points

1. Population growth rate for most recent year. 2 points
2. Unemployment rate for recent 2-3 years. 6 points
3. Percentage of population that is educated for most recent year. 2 points
4. Real GDP for recent 2-3 years. 6 points
5. Real GDP per capita (per person) for recent 2-3 years: 6 points
6. Growth rate of real GDP for recent 2-3 years. 6 points
7. Life expectancy for recent 2-3 years. 6 points
8. Inflation rate for recent 2-3 years. 6 points
9. Percentage of population using internet for most current year. 2 points
10. Compare the information you gathered for the two countries:
11. What is the difference between the rich and poor country? 8 points
12. Is there any information you found that surprised you about any of the countries or their differences? 3 points
13. Is real GDP stable, increasing, or decreasing over the current period of 2 to 3 years? 3 points
14. Is the inflation rate stable, increasing, or decreasing over the current 2 to 3 years? 3 points
15. What do you think is responsible for the poor country being poor and the rich country being rich? 4 points