Indicators dashboard assignment 2022 Macroeconomics is about more than just the models discussed in the textbook. JM Keynes wrote about the master economist: ..."He must understand symbols and speak in words. He must study the present in the light of the past for the purposes of the future". As part of your training as master economists, you need to keep an eye on the news and macroeconomic indicators that economists are interested in. For 20% of your module mark you need to present the indicators that you followed throughout the semester in a indicators dashboard. This is due on 27 May 2022. Instructions: • You can compile your dashboard in any way that you like, but for assessment you need to upload a pdf report on eFundi. This report needs to present the indicators data in tables and graphs, and you need to briefly interpret them: o Use the macroeconomic policy objectives as a starting point: economic growth and increasing employment, stable and low inflation, a sustainable balance of payments position, and the reduction of inequality. o HINT: Consider what macroeconomic variables are used to measure these objectives and which agencies keep records of these. Are they measured on a monthly, quarterly, or annual basis? How have they changed over the last months leading up to May 2022? What has been the impact of COVID and the recovery, if any? What else can you see or say about these variables? Have the Macroeconomic objectives been met?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question
Indicators dashboard assignment 2022
Macroeconomics is about more than just the models discussed in the textbook. JM Keynes wrote
about the master economist:
..."He must understand symbols and speak in words. He must study the present in the light of the past
for the purposes of the future".
As part of your training as master economists, you need to keep an eye on the news and
macroeconomic indicators that economists are interested in.
For 20% of your module mark you need to present the indicators that you followed throughout the
semester in a indicators dashboard. This is due on 27 May 2022.
Instructions:
•
You can compile your dashboard in any way that you like, but for assessment you need to
upload a pdf report on eFundi.
•
This report needs to present the indicators data in tables and graphs, and you need to briefly
interpret them:
o Use the macroeconomic policy objectives as a starting point: economic growth and
increasing employment, stable and low inflation, a sustainable balance of payments
position, and the reduction of inequality.
o HINT: Consider what macroeconomic variables are used to measure these objectives
and which agencies keep records of these. Are they measured on a monthly,
quarterly, or annual basis? How have they changed over the last months leading up
to May 2022? What has been the impact of COVID and the recovery, if any? What else
can you see or say about these variables? Have the Macroeconomic objectives been
met?
Transcribed Image Text:Indicators dashboard assignment 2022 Macroeconomics is about more than just the models discussed in the textbook. JM Keynes wrote about the master economist: ..."He must understand symbols and speak in words. He must study the present in the light of the past for the purposes of the future". As part of your training as master economists, you need to keep an eye on the news and macroeconomic indicators that economists are interested in. For 20% of your module mark you need to present the indicators that you followed throughout the semester in a indicators dashboard. This is due on 27 May 2022. Instructions: • You can compile your dashboard in any way that you like, but for assessment you need to upload a pdf report on eFundi. • This report needs to present the indicators data in tables and graphs, and you need to briefly interpret them: o Use the macroeconomic policy objectives as a starting point: economic growth and increasing employment, stable and low inflation, a sustainable balance of payments position, and the reduction of inequality. o HINT: Consider what macroeconomic variables are used to measure these objectives and which agencies keep records of these. Are they measured on a monthly, quarterly, or annual basis? How have they changed over the last months leading up to May 2022? What has been the impact of COVID and the recovery, if any? What else can you see or say about these variables? Have the Macroeconomic objectives been met?
Expert Solution
steps

Step by step

Solved in 5 steps with 2 images

Blurred answer
Knowledge Booster
Decision Making
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education