Please i need the question quickly
PART ONE
Step 1. You will choose a min 5 years
period for the economy of Lebanon. The first step is to learn
something about the economy in that time period. Check out an
economic history textbook, search for articles for the period on
governmental websites, and check back issues of newspapers and
magazines for what people were saying during your time period
(Collect all references!). At a minimum, gather the following
sets of data for your time period. Consider an economy of
Lebanon characterized by the following facts:
1. Unemployment
Rate
2. Interest Rate
3. Real GDP
4. Consumption
5. Investment
6. Government
Spending
7. Net Export
8. BOP
Part TWO
A next step is to locate collected from part one macroeconomic
data for the time period. At a minimum, gather the following sets
of data for your time period.
Using a spreadsheet program (Excel, SPSS, etc.), shows data in
table, identify each component and its value for particular year
and then represent data graphically by plotting each of
the macroeconomic measure (i.e. changes of unemployment rate
over 5 years ) series separately (the data series on the
vertical axis, year on the horizontal). Include a brief description
of what the graph shows. [20 points]
Part 3. Next step, regress GDP
function of Lebanon, by using your favorite spreadsheet
software. Represent estimated GDP for 2022 as a linear
function. Provide full explanations and supporting
calculations. Which components of GDP are statistically significant
and which ones are not, based on your research? [30
points]
Part 4. Written Component. After
collecting and graphing the data, and learning something about the
period, use the AD/AS model developed in class and in the textbook
to analyze the important economic happenings. What are
relationships between these components? Draw the appropriate graphs
and include a text analysis of how and why the curves shift.
[20 points]
Part 5. Based on your analysis,
identify appropriate way (tools) to boost the economy of your
country (fiscal/monetary policy). Carefully explain your point of
view. Hint: Read chapter 20 pages 490-497 and
506-513. [15 points]
Your final assignment should be organized as
follows:
Part 1. Introduction: This section
should discuss the topic and include a clearly defined statement of
your assignment.
Part 2-4. Body: The body of your paper
should discuss where the data was found and what it says about the
state and direction of the economy. Include some background
information on the major economic issues of your time period. Using
theory from the course, analyze the economic events and comment on
the applicability of the theory used and point out any of its
shortcomings in the context of your time period.
Part 5. Conclusion: The conclusion of the
paper needs to restate the major issues and summarize the arguments
made in presenting your case.
Please i need the question quickly PART ONE Step 1. You will choose a min 5 years period for the economy of Lebanon.
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