CW2 is an individual assignment (max 2,500 words limit – penalties apply§) involving monitoring and evaluating economic data in the application of relevant economic theory to a contemporary topic.
• This is a ‘live brief’, so you will need to keep track of the latest economic developments and the real-time estimates and revisions of your relevant variables during the module (i.e., Q4 of 2022 and Q1 of 2023). You will use these updates in theory-informed discussion of the economic impact of the current events and the policies pursued so far.
• You will write an analysis report that evaluates comparatively the performance of the Unite Kingdom and the German economies over the last 5 years, discuss the theory behind the government policies implemented and analyse their impact on the economic variables chosen. You will need to build and update an economic dataset and use it to draw charts and inform your discussion of the two countries.
On the basis of your analysis, you must draw conclusions on the recent past and expected near-future performance of the two economies.
CW2 Assessment Guidance in Brief:
You will be given a starter dataset as an Excel spreadsheet with the quarterly time series for the indicators below covering the last 5 years. You will need to curate this dataset and monitor and update its variables for Q4 2022 and Q1 2023 yourselves.
1. GDP growth rate
2. Household final consumption expenditure growth
3. Government final consumption expenditure growth
4. Gross fixed capital formation growth
5. Current account balance (as % of GDP)
6. Government budget deficit (as % of GDP)
7. National debt (as % of GDP)