Format: Your editorial must incorporate all the points below and be no more than 4 doublespaced pages long (12 point Times New Roman font with one-inch margins). No handwritten papers will be accepted. Make sure to use the correct economic terms.
Select a country. (You may only choose countries from the UMC list as defined by the World Bank.)
Collect information about the country from the World Bank website. This will give you practice in finding information relevant to developing countries, and you will learn more about one country and what some of the most important development indicators are.
How to start: Go to http://data.worldbank.org/country and click on your country. Some of the indicators will be already shown on the webpage; for others, you need to type the name in the search box on the upper right. The definitions of the indicators are available by clicking on the name. Show the most recent year available. Specific Instructions: On the top of the page, make sure to write the name of the country and your name. Copy the map from the countrys page on the website and state the income level (shown upper left). Then give the values and the definitions of the following indicators, including the year for each:
GDP (current US$)
GDP per capita (current US$)
Literacy rate, adult
Life expectancy at birth, female, Life expectancy at birth, male
Fertility rate, total
Poverty headcount ratio at $1.25 a day (PPP) (% of population)
One additional indicator of your choice. Give a brief explanation why you find this indicator interesting.
Important Information to include:
Explain how economic indicators assess the health of the economy-GDP, Unemployment,
Explain changes in living standards.
Explain the composition of GDP and how it is define/calculated.
How has economic growth/decline occurred in the country?
Identify the supply and demand forces that contributed to growth/decline.
Describe factors accounting for economic growth.
Trend rates of productivity.
Explain how growth has changes the country/economy.
Describe the business cycle in the country.
Illustrate how unemployment is measured.
Show and explain cost push/demand pull inflation.
Discuss how inflation impacted the economys output.
Describe how changes in income affect consumption.
Explain how changes in rates impacted investment.
Show the investment schedule of the country.
Describe the AD/AS of the country.
Apply the AE Model to characterize and describe the economy.
List and explain factors that impacted consumption/investment.
Find and explain 8-10 monetary policies implemented by the country.
Find and explain built in stabilizers.
Find and discuss any public debt the country may have.
Discuss the banking system in the country.
Gather information and explain the functions of the central bank.
Find and explain 8-10 fiscal policies implemented by the country.
Explain what backs the money supply.
Discuss the impacts of the policies on the country and why they were put in place.
Note: Not all indicators may be available for all countries. If a particular one is not available for
your chosen country, just write not available. MAX WORD COUNT: 1500 Words and DOES
NOT INCLUDE TABLES, CHARTS, GRAPHS