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MACROECONOMICS (ECO403)
ASSIGNMENT
DUE DATE: 03RD DECEMBER, 2018
MARKS: 10
The Case:
Part A:
Vietnam is located in Southeast Asia. This country borders China in north while
Laos and Cambodia in west. Tourism sector is a component of the modern
Vietnamese economy. This sector is providing boom in the economy. Major
exports include electrical equipment, footwear, coffee, fish and crude petroleum
products while major imports include steel, machinery and fertilizers. Suppose
facts and figure of the economy of Vietnam are given below.
Year 2017
MPC 0.5
Inflation rate and real interest rate for the year 2017 is given below:
6
Requirements:
Keeping in view the above facts and figures, in the economy of Vietnam Calculate;
(Note: Write down formula and all relevant steps involved in calculation)
Marks :(1+2+2+2)
Part B:
Suppose the nominal gross domestic product and real gross domestic product for
the economy of Vietnam for three years is given below. Calculate Gross Domestic
Product deflator (GDP Deflator) from the given data. You are required to give your
answer of GDP deflator in the table given below.
Marks: (1+1+1)
IMPORTANT:
24 hours extra / grace period after the due date is usually available to overcome
uploading difficulties. This extra time should only be used to meet the
emergencies and above mentioned due dates should always be treated as final
to avoid any inconvenience.
FORMATTING GUIDELINES:
Use the font style “Times New Roman” or “Arial” and font size “12”.
It is advised to compose your document in MS-Word format.
You may also compose your assignment in Open Office format.
Use black and blue font colors only.
Note related to load shedding: Please be proactive
Dear students!
As you know that Pre‐ Mid‐Term semester activities have started
and load shedding problem is also prevailing in our country.
Keeping in view the fact, you all are advised to post your activities
as early as possible without waiting for the due date. For your
convenience; activity schedule has already been uploaded on
VULMS for the current semester, therefore no excuse will be
entertained after due date of assignments, quizzes or GDBs.