Undertake a macroeconomic analysis of a chosen economy using publicly available macroeconomic data, other country specific information AND relevant macroeconomic theoryEvaluate how well the chosen economy is performing against the three primary macroeconomic objectives of achieving high and sustained GDP growth, price stability and low unemployment.

Task: To undertake a macroeconomic analysis of a chosen economy using publicly available macroeconomic data, other country specific information AND relevant macroeconomic theory.
Aim: To evaluate how well the chosen economy is performing against the three primary macroeconomic objectives of achieving high and sustained GDP growth, price stability and low unemployment; to explain the significance of this performance; and to identify the principle reasons for this performance.
Objectives:

Choose a country for analysis and identify a comparator set of 3 similar economies, to use as a benchmark.

Collect the necessary macroeconomic data and produce the charts listed in table 1, below.

Identify and explain the GDP growth performance of the chosen economy using charts 1, 2, 3 and 4, relevant economic theory, and other relevant information.

Identify and explain the price stability performance of the chosen economy using charts 5 and 6, relevant economic theory, and other relevant information.

Identify and explain the employment performance of the chosen economy using charts 7 and 8, relevant economic theory, and other relevant information.

Provide a summary and conclude on the overall health of the chosen economy.

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