Econometrics

Answer both questions. Total assignment marks: 100 Note You must submit your assignment in one (1) file only Your answers to this assignment should include references to recently published journal articles or books, media news as well as information on the web. Where appropriate you are encouraged to challenge relevant economic theories providing your own views. Question1. Compare and contrast business environments in 2 or more countries of your choice (one country should be your own). Evaluate how their business environment is influenced by government economic policy which may be identified through your application of economic theory. Critically evaluate your local economic business environment measured against your choice of a comparative international economic and business system. You should use any pictorial techniques which you feel are appropriate to illustrate and justify your evaluation, e.g. Graphs, charts, economic curve diagrams, etc. (60 Marks) Question2. Critically evaluate measures used by governments and central banks to manage the economies of their countries. By critical evaluation use convincing arguments for or against measures used to reduce, minimise or alleviate economic difficulties many countries face. You should use examples in your submission to illustrate your justified view. (40 Marks) Answer both questions. Total assignment marks: 100 Specific requirements are given below: You are required to type up and submit a Word document file which will include your answers to the above two questions. In preparing your answers to the assignment, you are required to follow the specific guidelines below: You are to work on this assignment individually without the help of others. Your answer should be grounded in relevant economic theories. Use Times New Roman or Arial 12 pt with 1.5 spacing between lines. Include a cover page with the name of the course and course code, your full name and student ID number, and the date. Pages must be numbered. Headings and sub-headings should be clear and visible. The text should flow smoothly, with each section leading naturally and logically to the next one. Late submissions will not be accepted. Reference all sources appropriately using the Harvard Referencing system. Note that although you may include direct quotes from various sources of information, your answer should not merely be other people’s work. That is, even if you identify the sources of information that you use, you should not copy too much information directly from other sources. Try to paraphrase as much as possible and include your own thoughts in your answers. Even if you paraphrase you still need to identify the source of information. When you copy directly be sure to identify the pages. Finally, when you include your own thoughts be sure to justify them with supporting references. All assignment answers will be checked for plagiarism using Turnitin.