economics

economics
Part B: Quantitative Analysis (Show all your work with graphical analysis).
Problem # 1: “Population Growth Rate and Real GDP Growth Rate” (20 points)
Please go to http://www.afdb.org/fileadmin/uploads/afdb/Documents/Publications/Selected_Statistics_African_Countries_2008_Volume_XXVII_01_Full_Report.pdf
(Part II – Country Tables) and complete the following table using your African country data. For example, the growth rate from 1990 to 1991 is calculated as follows:

Per Capita GDP Growth Rate = per capita GDP1991 – per capita GDP1990
————————————————————–
per capita GDP1990

a). Complete the following table that will depict population and economic growth rates for your Central African country in 1988-2007.
Name of your Central African country ______________
Year Population Growth Rate Real GDP Growth Rate
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007

b). Calculate the average population and Real GDP growth rates.

c). Define the growth rate of per capita GDP as the difference between the Real GDP growth rate and population growth rate. Then calculate the growth rate of per capita GDP between 1988 and 2007 time period.

d). Plot Real GDP per capita growth over time (1988 – 2007).

Problem # 2: “Macroeconomic Indicators Analysis” (10 points)
Please go to http://www.afdb.org/fileadmin/uploads/afdb/Documents/Publications/Selected_Statistics_African_Countries_2008_Volume_XXVII_01_Full_Report.pdf
and complete the following table using your Central African country data. What have you learned?
Macroeconomic Indicators Measurement Unit 2006 2007

GDP Annual Growth Rate %
Per Capita GDP Annual Growth Rate %
Share of GDP (Agriculture) %
Share of GDP (Industry) %
Share of GDP (Services) %
Household Consumption Expenditure %
Government Consumption Expenditure %
Gross Capital Formation %
Exports of Goods and Services %
Imports of Goods and Services %

 

 

 

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