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Report - Select a country. ' Discuss a few macroeconomic variables about the country you selected, such as Gross Domestic Product, population size, GDP per

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Report - Select a country. ' Discuss a few macroeconomic variables about the country you selected, such as Gross Domestic Product, population size, GDP per capita, the ination rate, the unemployment rate, and any other interesting statistics you may consider to be interesting. ' What are the main economic activities of the country you selected? For example, is the economy based on tourism, energy, or agriculture? - Discuss the limitations of using that countries GDP to assess living standards on that country. So, for instance, a country may have a high GDP but pollution, crime and inequality which undermine living standards, and this not represented by GDP gures. On the other hand, a country may have a low GDP, but residents may have a reasonable standard of living because there exists a large informal economy or non- market activities are high. ' The report can be up to 3 pages long. ' If you select the United States, do not discuss income inequality since that would have already been discussed for the bonus. - The use of a previous report from another student will result in an automatic zero. - Cite references

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