Aim
This assessment challenges students to collect, compare and contrast economic data on two countries (one rich, one poor) and develop a multi draft essay and presentation that includes two policy recommendations for the poor country on ways it might try to improve its economic performance and social welfare.
Instructions
1. Students select two countries (one poor; one rich) that they are interested in.
2. Write the essay using the following structure
Content
Part A: Theoretical overview
Comprehensive overview of Economic Growth
theory (describing the role of factors of production, technology and fundamentals in economic growth disparities).
Part B: Application of theoretical insights toa pair of countries (one poor; one rich)
Collect and present relevant data (aim for 20 years of data) to describe developments in ‘key variables’ from Part A for both countries in order to understand differences in economic growth and Sustainable Development
between the two countries.
Part C: Make economic policy recommendations to the poor country.
Draw Parts A and B together, i.e. make two policy recommendations (using your findings in Parts A and B) to the poor country, which should help to improve its economic growth.
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