Context of The Observations in Chapter 1. Was An Expansionary Policy Taken When

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Indian Institute of Foreign Trade EPGDIB (VSAT): 2012 13 Macroeconomics Project What you have to do You have to write

e a project on the recent state of the economy of the country assigned to your group. By recent I mean from 2007 to 2011. Each project must have the following chapters: Chapter 1: Plot the real GDP of the country from 1950 to 2011. Plot the GDP growth rate of the country from 1950 to 2011. Identify periods of boom, recession, depression and recovery. Make an additional section on the period between 2007 and 2011 and study it in greater detail. Chapter 2: Write down the monetary and fiscal policies undertaken by the respective governments from 2007 to 2011. Explain each of these policies in the context of the observations in chapter 1. Was an expansionary policy taken when GDP was falling or slowing down? Etc. Chapter 3: Explain the inflation scenario for the country and the policies undertaken by the government in combating it. Chapter 4: Write a note on the growth model of the country in the past decade and compare and contrast it Solows growth model. Chapter 5: Bring together all the findings and write some concluding comments on them.

Total length of the project: Not more than 25 pages. Source of data: Penn world table (type in google and open) and the internet.
Group Number 1 2 3 4 5 6 Country assigned Argentina Brazil Venezuela Mexico Indonesia Malaysia

7 8 9 10 11 12 13 14 15 16 17

China Thailand South Africa Vietnam Russia Check Republic Spain Greece France Italy Portugal

Last Date for Submission: April 30, 2012.

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