Posted: November 23rd, 2014

Coursework EC2002 Macroeconomics

Coursework EC2002 Macroeconomics

In the AS/AD model, describe an economy where the l
evel of production (Y) is
below the natural level (Yn). Would the economy sta
y forever in this position?
Explain the adjustment process in the economy. Sugg
est a monetary policy or a
fiscal policy to increase output. Analyse the effec
t of this macro-policy on the
price level and employment. Find, collect, present
and analyse data from one
of the following economies –UK, Germany, France,
Netherlands, Italy, or
Spain—that illustrate your answer (by identifying
and describing two
occasions/time periods that better fit with your an
swers.)
Word limit: 1200 words (plus two pages: one page co
ntaining a maximum of 4
graphs and another page containing a maximum of 3 t
ables, make sure
references to data sources are given; website links
are fine)

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