Conduct research on the economic performance of one country in the last 10 years from 2004 to 2013 by applying macroeconomic indicators of real GDP, real GDP growth rate, real GDP per capita, unemployment rate and inflation rate to argue whether you think the performance to be strong or weak.
Discuss the performance of the economy over those ten years and provide evidence and explanations for the economic performance such as high unemployment rate, high inflation rate and/or steady, long-term economic growth. Where appropriate, you should also explain how the policies of the government aim to achieve full employment, stable price and/or economic growth.
The question belongs to Economics, particularly Macroeconomics and it discusses about conducting research on one country for the past 10 years and to know the economic performance of the country on various grounds such as economic development, GDP growth rate, GDP per capita, unemployment rate, inflation rate, etc. An example of Thailand has been taken and research on Thailand’s economic development in the past 10 years has been given in the solution.
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