Discuss how economists measure a country’s macro-economy. Include in your discussion a detailed description of each of the five major components. ? Identify the broad range of economic problems facing modern societies ? Demonstrate understanding of micro and macroeconomic principles and their effect ? Demonstrate understanding of elementary economic theories and their application to economic problems ? Evaluate conflicting claims about the economy ? Examine government economic policies and assess their impact on the domestic economy Following points should be taken into consideration to do the assessment. 1. Please select any country of your choice. 2. Discuss on its economic background – like previous economic history, current economic position, Economic Growth
rate, Future Economic position. 3. Include in your discussion a detailed description of each of the five major components. 4. Reference
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