Macroeconomics Policies

Post is of two assignments

1:Macroeconomics Policies

Choose any one country, assess its current macroeconomic position and discuss what policies have been adopted by the monetary and fiscal authorities in the past year.What should the monetary and fiscal authorities be doing over the next year or so?”

This has to be done alone.[You can get annual data from 1980 on all major countries from the IMF web site (www.imf.org) by going to “publications”, search for World Economic Outlook andthen click on database for the latest WEO, which will be for October 2015. You should not study the whole of the eurozone, rather pick one member country if you wish. The WEO has a discussion by the IMF for all major countries. For the UK you can also read the Bank of England quarterly Inflation Report available on the BoE web site (www.bankofengland.co.uk). The OECD also publishes assessments of major economies. Be very careful not to copy chunks of material from internet sites or other publications as this will constitute plagiarism. Quotations from other material are fine as long as they are marked as such and the source is clearly stated.]

Coursework should be typed and around 1500 words in length, and certainly not longer than 2000 words. Charts and tables may be included in addition to this word limit. References should be given to data sources and any other material used. Any direct quotes from source material should be clearly indicated and the source attributed.

The central focus should be on real GDP and its recent history. Is GDP below trend,
is there a significant GDP gap? [For major countries, estimates of the GDP gap are
available from the IMF, but for others you would have to compare actual GDP with
its trend.] Is it positive or negative? If negative, why is demand weak…..is it C, I, G
or net trade? Look for other indicators of slack or overheating, what is happening,
for example, to inflation and unemployment? If inflation is high the economy may be
overheating, but if unemployment is high and rising then the economy may need some

2: Value Management

Order Description

What is a Project? It is often stated that Value Management can only be applied to projects, therefore, knowledge of what constitute a project is fundamentally important. A construction project is an example of one the larger(financially and physically) projects which an organisation or person will undertake. This discussion addresses the following questions:

1. What is the definition of a project?

2. Is the guy in Pizza Hut making pizzas engaged in projects?

3. What about the guy restoring a classic car?

4. Or finally the guy emptying parking meters of money?

Do you agree that Value Management can only be applied once we have defined a project?

What is the difference between strategy, programmes and projects?

Macroeconomics