Please provide this project with proper explanation gdp data percapita data in excel sheets explain all the points with proper explanation????

\" CANADA WEST Course Name and Number: MBAF 504: Business Economics Project Ill Team Project: Macroeconomic Data Analysis Due: This assignment is prepared to check your understanding of economic growth and disparities between countries' levels of development based on empirical evidence. You are expected to extract the data for this purpose of analysis from relevant, credible sources. Originality and clarity in your work are highly valued. This work accounts for 25% of your total grading of the course. Long-run Economic Growth Extract the data for GDP per capita and growth rate of GDP of all sovereign countries for selected years of 1960, 1990, and 2020 from global databases (like the IMF or World Bank) and perform a convergence data analysis based on the following questions. You can use any data analysis programming language that you are convenient with for this term paper. You can also use the programming language Gretl, accessible for free download at http://gretl.sourceforgenet . In this work, focus on the following key contents: 1. Introduction (the intent of this study) 0 Discuss Long-Run Economic Growth 0 Will the poor countries catch up to rich countries by growing faster? 2. Background 0 Provide a summary statistics table (GDP per capita) of all countries for the years from 1960 to 2020. You can use data analysis (in Excel) to present the descriptive statistics table (such as mean, standard deviation etc.), showing the summary for the selected year 1960,1990 and 2020. 0 Select 10 sample countries from the data (5 poor and 5 rich) and explain what important key historic or economic issues have happened during the years under consideration and how is this reflected in their per capita GDP, inflation, unemployment rate, and the policy measures in these countries during this time? Note, the major economic shocks to consider during this time could be a financial crisis, pandemic, war, political instability, hyperinflation, etc. 3. Data Analysis 0 Using data of GDP per capita and Growth rate of GDP provided in the dataset for all countries, plot a chart present in the Video and try to answer the question if the conditional convergence happens? htt 5: www. outubecom watch?v=7Gan SuZoSA GDP per capital in 1960 in a particular country would be x-axis and the average growth rate of GDP in 1960-2020 in a particular would be y-axis. You could try two charts with Log and arithmetic scale, select only one appropriate to present. 0 Split the data into two groups of poor and rich. The split should be done according to the median income in 1990. Then show the plot chart again for both groups. What happened? Is there any evidence for convergence