Unit 7 Assignment Guide: International Macroeconomics
General Instructions
1. TUnit 7 Assignment Guide: International Macroeconomics
General Instructions
1. This Unit 7 Assignment is a research and writing assignment, so there is no template into which you should insert your answers. Instead, follow this assignment guide and create a new document.
2. Unless specified differently by your course instructor, save your completed assignment to your computer with the following file naming format:
Course number_section number_Last name_First name_unit number.
Example: BU204_Section02_David_Alex_Unit1
3. On your cover page, include the appropriate information: Your Name, Course Number and Section (BU204 Section 0x), and the Date.
4. The research paper should
a. follow current APA format with citations to your sources,
b. include a list of references at the bottom of your last page,
c. be in Standard English with correct spelling, punctuation, grammar, and style,
d. be double-spaced, and
e. be formatted in Times New Roman,12-point, black font.
5. Respond to the questions in a thorough manner, providing specific examples of concepts, topics, definitions, and other elements asked for in the questions. Your answers should be highly organized, logical, and focused.
6. Direct any questions about the assignment to your course instructor.
Assignment
This assignment addresses international macroeconomics and the importance of cultural diversity. This is a two-part assignment consisting of research skills to identify relevant information and your analysis based on the information you located.
This assignment assesses your knowledge of the following Course Outcomes:
BU204-5: Examine how exports, imports, the balance of payments, and capital flows impact individual national economics and global economics.
GEL-1.02: Demonstrate college-level communication through the composition of original materials in Standard English.
GEL-6.05: Adapt research skills to discover and sort relevant sources to complete tasks.
PC-4.1: Assess the value of multiculturalism and diversity in a global environment.
Assume you are an assistant researcher who is tasked with conducting a detailed study of how different international trade situations and cultural diversity produces observable disparities between an economically advanced country and a developing country. In addition to collecting the World Bank data listed below (under the Assignment checklist) for each country, like the procedures you followed in Unit 3, you will need to locate at least three academic sources that will enable you to analyze the cultural, social, and political diversity between the two cultures. Finally, you will discuss how these differences contribute to the economic differences you found, based upon specific evidence from the data you collected.
The first, and shorter, part of your paper should describe
1. how you determined what data to collect,
2. the sources of that data,
3. how you sorted the data,
4. the time periods that the data described, and
5. how you chose to analyze your data. The second, and longer, part of your paper should focus on
1. the differences between the economic indicators of your two countries,
2.
your resulting conclusions regarding the differences between the two countries you chose,
3. your analysis of the cultural diversity between the two countries,
4. your analysis of the social diversity between the two countries,
5. your analysis of the political diversity between the two countries, and
6. how these differences contribute to the economic disparities revealed in the data you collected.
Step 1: Research
Access the World Bank from Purdue Universitys Economic Education website, or you can go directly to the World Bank website, to retrieve macroeconomic data for both the economically advanced country and the developing country you selected. Refer to the World Bank Research Steps, as needed. Collect, download in an Excel file, and include as an appendix in your research paper, the following data from the World Bank for your two chosen countries for the years 2000 and 2015:
1. GDP (constant 2015 US$)
2. GDP per capita (constant 2015 US$)
3. Exports of goods and services (constant 2015 US$)
4. Imports of goods and services (constant 2015 US$)
5. External balance on goods and services (constant 2015 US$)
6. External balance on goods and services (% of GDP)
7. Population, total
8. Population, female (% of total population)
9. Population, male (% of total population)
10. Rural population (% of total population)
11. Urban population (% of total population)
12. Life expectancy at birth, female (years)
13. Life expectancy at birth, male (years)
14. Adolescent fertility rate (births per 1,000 women ages 15-19)
15. Prevalence of undernourishment (% of population)
16. Educational attainment, at least completed lower secondary, population 25+, female (%) (cumulative)
17. Educational attainment, at least completed lower secondary, population 25+, male (%) (cumulative)
18. Educational attainment, at least completed upper secondary, population 25+, female (%) (cumulative)
19. Educational attainment, at least completed upper secondary, population 25+, male (%) (cumulative)
20. Educational attainment, at least Bachelors or equivalent, population 25+, female (%) (cumulative)
21. Educational attainment, at least Bachelors or equivalent, population 25+, male (%) (cumulative)
22. Employment to population ratio, 15+, total (%) (modeled ILO estimate)
23. Employment to population ratio, 15+, male (%) (modeled ILO estimate)
24. Employment to population ratio, 15+, female (%) (modeled ILO estimate)
25. Individuals using the Internet (% of population)
Locating scholarly articles:
You will need to locate three (3) or more peer-reviewed articles from the Purdue Global Library that will help you to analyze cultural, social, and political factors that determine the disparities of economic growth among countries. The articles should provide you with information to answer Part 2 of your assignment.
Scholarly articles must be current and of high quality. These include peer-reviewed academic articles, articles published in journals, and other library resources found in the Purdue Global Library.
1. Click the Library link under Academic Tools..
2. Scroll midway down the page and click ProQuest ABI/Inform Collection.
3. Make sure Full text and Peer Reviewed are checked.