Question 1. Individual Essay (50%) You are required to undertake a secondary research of an economy. This will have a broader objective of understanding the economy, macro-economic performance of various economic indicators, consumer behaviour and producer behaviour, policy by the government. The findings of the research should be submitted in a (two thousand words essay) format and will consist of the following questions steps. Discuss the following with suitable examples: a) Examine the trends in consumer behaviour and producer behaviour of the selected economy. (20 marks) b) Appraise the recent trends in prices and adoption of technology. (20 marks) c) Evaluate the performance of Gross Domestic Product. (20 marks) d) Analyse the measures of monetary policy in managing inflation.(20 marks) e) Discuss the recent policy measures by the Government to manage the economy. (20 marks)

The country that I have selected is United Kingdom (UK).