Introduction to Macroeconomics

a. Describe macroeconomic environment, which is essential for the economic growth in an economy (CLO 4)
b. Discuss the effect of changes in basic government policies on the functioning of Oman economy (CLO 5)
c. Distinguish Oman economy with other global economies (CLO 6)

2. Compare the trends in the rates of unemployment in Oman and one of the GCC countries ( Qatar, Saudi Arabia, United Arab Emirates, Bahrain, Kuwait ) for the last 20 years. Use the rates of unemployment statistics and the graphs from one reliable source from each both countries.
3. Explain how the two sources define and measure the rate of unemployment.
4. Discuss why a high rate of unemployment is a case of concern for countries like Oman?
5. Compare the policies that are used to reduce high rates of unemployment in the two countries.

 

 

 

 

Sample Solution

ACED ESSAYS