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1) Identify from your sources (Internet, Magazines, Trade journals, Chamber of commerce website) what are the current central problems for Oman's economy? Suggest strategies to

1) Identify from your sources (Internet, Magazines, Trade journals, Chamber of commerce website) what are the current central problems for Oman's economy? Suggest strategies to overcome these problems for economic development.

2) As an economist, identify and justify economic and fiscal policy measures that should be taken by the government of Oman to combat inflation and employment with the aim of reviving the economic condition of the country based on the following:

a) Expansionary fiscal policy (3 marks)

b) Contractionary fiscal policy (3 marks)

c) Expansionary monetary policy (3 marks)

d) Contractionary monetary policy (3 marks)

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