How Current account deficit may effect the economic development of the country.

1) Define Trade Deficit. [3] 
2) Explain the reasons for the rise in CAD.[5] 
3) Discuss the role of CAD in the Economic development of the country.[10]

Government policies to influence the macroeconomic problems

Grade 12B A2

Analyse why the aims of government policy might conflict with each other and 
discuss which of the aims ought to be given priority.       

Time Duration for submitting the Article is 

July 26th to 28 July,  2013 

 Write your answer here in 1000 Words. [25]

"Marks allocation will be in accordance to the Rubrics"

Note: I will give zero if your writing are not in accordance to the rubrics mentioned by me.

Standard of living and Economic Development

Grade 12B A2

 

‘Developing countries have a low standard of living, yet many have much wealth in natural resources which multi-national companies would like to exploit.’

Discuss which is the better way of increasing the standard of living: to allow multi-national companies to exploit all the natural resources, or for the government to increase expenditure on education and health.

Time Duration for submitting the Article is 

 May 19th to 26 May,  2013 

 Write your answer here in 1000 Words. [50 Marks]

"Marks allocation will be in accordance to the Rubrics"

Note: I will give zero if your writing are not in accordance to the rubrics mentioned by me.

National Income Statistics and Comparative HDI

Grade 12B A2

 

How reliable are national income statistics as a means of comparing living standards between

countries?

Time Duration for submitting the Article is 

 May 6th to 12 May,  2013 

 Write your answer here in 500 Words. [20 Marks]

"Marks allocation will be in accordance to the Rubrics"

Note: I will give zero if your writing are not in accordance to the rubrics mentioned by me.

Externalities and Government

Every economic activity has its advantages and disadvantages. The UN objective to remove poverty and consequent malnutrition from the mother earth is seems achievable due to great contribution by pesticide in food production cycle. The use of pesticides have increased the production of food grain many fold among the developing and developed countries. Recent researches have shown that use of pesticide has increased the level of pollution as well at top soil and has made under ground water unusable at some places. Now new researches have shown that its badly damaging the population of honey bees who are responsible for the pollination (1/3 of crop).

Read how pesticide effect the food production: 

1) Write the example of negative externality from the news article.[4] 
2) Identify the reasons for the ban on the use of pesticides on the specific crops. [6] 
3) Explain the role of government on possible market failure. [8] 
4) Do you agree that pesticide should be banned in agricultural production process. Discuss [15

Government and Unemployment Benefits

Assignment for Grade 12 B

Maintaing lower level of unemployment is the most important objectives of the government in any democratic country. Recession brings in heavy pressure on unemployment target of the government and increases her social security contribution. Unemployed people receives unemployment benefit during the job search period from the Center and State government. In Developed countries government depends on the Claimant count methods which count the unemployed people on the basis of registrations in the unemployment offices for distributing unemployment benefit. This have its own advantages and disadvantages. 

For detail study click here: Do the following questions 

1) Define frictional unemployment. [4] 
2) Explain the role of unemployment benefit in the society. [6] 
3) The Clainment count method will increase the disincentive to work. Explain [4] 
4) Discuss the impact of the new system of Universal credit for supporting unemployed people will effect the economic growth in UK. [12]

Measuring standard of living.

TOPIC: FOR GRADE 12B:

"There are so many difficulties in measuring living standards that we can never be sure that people in one country are better off than those in another country." 

Comment upon this statement.

Time Duration for submitting the Article is 

April 29th to May 5th,  2013 

 

Write your opinion here in 500 Words. [20 Marks]

"Marks allocation will be in accordance to the Rubrics"

Note: I will give zero if your writing are not in accordance to the rubrics mentioned by me.

The Impact of Rules and Regulations on the health of an economy.

Click on any question to read the passage. 

1) Define reforms. [3] 
2) Explain the impact of the government's deregulation policies on the health of the oil firms. [6] 
3) Discuss how these new policy initiative will affect the health of public finances. [13]

Government's role in creating economic efficiency.

TOPIC: FOR GRADE 12B A2

Time Duration for submitting the Article is 

April 8th to 14th,  2013 

Governments, unlike the private sector, can create some of the necessary conditions for the efficient allocation of resources. It is, therefore, best if there is as much government involvement in the economy as possible.’

Discuss whether you agree with this opinion.      [25]

Write your opinion here in 500 Words. [20 Marks]

"Marks allocation will be in accordance to the Rubrics"

Note: I will give zero if your writing are not in accordance to the rubrics mentioned.

Government Intervention in the Market

TOPIC: FOR GRADE 12B A2

Analyse what might be done when market failure does exist.

Time Duration for submitting the Article is 

April 1 to 7,  2013 

Name                                        Reasons

Wilson:                                    Public goods

Alyssia:                                   Merit Goods

Fernando:                               Demerit Goods

Alex:                                         Market Imperfections

Bella:                                        Information failure 

Write your opinion here in 500 Words. [20 Marks]

"Marks allocation will be in accordance to the Rubrics"

Note: I will give zero if your writing are not in accordance to the rubrics mentioned by me.

Project Syndicate: What's Troubling India? 

The one of fastest growing economy is faltering on growth numbers. Economist are skeptical about the capability of leaders. Stalled reforms are dragging the growth of the economy with million unemployed and depressed world economy. Read more by click and try to follow some questions.

1) Define financial repression. [2] 
2) Explain the reasons of drop in investment and falling financial confidence in an Indian economy. [6] 3) Using the information in the article and your knowledge of econoics, discuss the role of government to lead the county for improving the life of million of people. [15]

Project Syndicate:

Commentary Reshaping China’s Government-Services Supply Chain.

Transforming command economies with out lossing government control on decision making is a big challenge for these economies. As market economies requires its own set of independent institutions to regulate the production activities. Read more for details by click, and try answer following answers.


1) Define command economies.[2] 
2) Explain how command economies are different from the market economies. [6] 
3) Analyse the problems of command economies in their transformation phase to market economies. [6] 
4) Use information in the article and your knowledge of economics, discuss up to what extent government can influence the economic growth in an economy. [15]

Oxfam: Land sold off in last decade could grow enough food to feed a billion people:

1) Define objective of world Bank. [2] 

2) Explain the reasons of FDI in developing countries by MNC's. [6] 

3) Analyse the importance of Foreign direct investment to citizens of developing countries. [8] 

4) Using information from the article  and your knowledge of economics, discuss impact of rising FDI in the standard of living in developing countries.[10]

The Guardian: How did the world get so fixated on GDP? 

1) Define GDP. [2] 

2) Define living standards. [2] 

3) Eplain the reasons of high economics growth in world developing economies. [8] 

4) Use your understanding from the ariticle and your knowledge of economics theory, discuss that GDP measurement is a true measure of standard of living of a country. [10] 

5) Evaluate up to what extent economists failed to measure economic development truly. [13]

CNBC: Money market Explained

BBC: Eurozone falls back into recession 

1) Define recession.[2] 
2) Explain the reasons of inflation in the Eurozone counties. 
3) Using your understanding from the text and theory of economics, explain what are solutions to recover from recession. [8] 
4) Discuss the role of government in recovering Eurozone from the recession. [12]

BBC: China new leaders: challenges ahead 

1) Define economic reforms.[2] 
2) Explain the reasons that improved the of millions of chinese.[6] 
3) Analyse the problem of chinese ruler in the transforming economy into more freer one.[6] 
4) Comprehend and explain the indicator of growth in an economy in the given text. [8] 
5) Using information given in the news article and your knowledge of economics, evaluate the role of government in the Chinese economy. [5]

BBC: Japan economy contracts as global slowdown hits exports

1) Define recession. [2] 
2) Analyse major reasons for contraction in Japanese economy. [6] 
3) Using information given in the text and your knowledge of economics, discuss up to what extent government polices can be effective against the situation of contracting economy. [12] 
4) Examine how contraction can effect the world's economic growth.[15]

BBC: Apple and HTC settle patent disputes 

1) Define patents.[3] 
2) Explain what type of market in which both companies are producing. [4] 
3) Analyze the reasons of patent war among the leading phone making companies. [6] 
4) On the basis of information from the text and knowledge of economic theory, discuss the role of government in the patent war among leading companies. [15]

Guardian: Water companies pay little or no tax on huge profits. 

1) Define tax avoidance. [2] 

2) Explain the reasons why should water companies works as monopolies.[6] 

3) Using information given in the text and your knowledge of economics, discuss the role monopoly firms in the industry. [12]