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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