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.

HIgh GDP Growth rate and Economic Development

TOPIC: FOR GRADE 12B


"Achieving high growth rate in GDP  is the most important objective for the government".  

Time Duration for submitting the Article is 

April 15 to 21,  2013 

 Boys should write against the motion 

and 

Girls should write in the favour of motion.

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.

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]

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: 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]