06 Feb Complete the following sections o

JWI515 Managerial Economics

Assignment 1

Overview

In Assignment 1, you will learn how to collect economic data, using Economic Indicators that are readily available to consumers online. Economic Indicators are key statistics or metrics used to study the status of the overall economy, industry segments, and specific companies. To help you learn how Economic Indicators work, JWMI has created a GUIDES Worksheet, which will take you step by step through the process of collecting the data needed for both Assignment 1 and Assignment 2.

You will use the Worksheet provided in your course to research key economic information about TWO countries: a target country that you select and your home country. The target country is a potential overseas location for your current company (or a company of interest) to expand its business, either by increasing an existing division located there or by entering a new market. For most students, your home country is the United States, but for international students, it is your country of residence. Exceptions are possible if you have a unique situation – contact your Professor.

Use your current company and its industry for context. If your company is not currently operating globally, imagine that it is considering entry into one of the markets below. It is your task to assess the economic conditions in relation to your company’s unique profile and needs, so as to assess whether expansion into the potential overseas market makes sense for your business.

Choose ONE of the following countries as the target country for this assignment:

• Bahrain

• Canada

• Chile

• Ethiopia

• Germany

• Hungary

• Ireland

• Japan

• Mexico

• Russia

• South Africa

• South Korea

• Thailand

• Turkey

• United Kingdom

Instructions

Download and save your GUIDES Worksheet in Week 1. Complete the entries in the GUIDES

Worksheet during Weeks 2 and 3. All the required data can be found on the Trading Economics or Doing

Business websites (links below).

§ Access the Trading Economics website at http://www.tradingeconomics.com

§ Access the Doing Business website at http://www.doingbusiness.org

TIP: To locate Economic Indicators not found on the Trading Economics website main landing page, click the

INDICATORS drop-down menu at the top of the page, to see the full list of available Indicators.

Week 1:

Download and save your GUIDES Worksheet:

§ Review the instructions for Assignment 1

§ Download and save your GUIDES Worksheet as an MS Word document

§ Use this format for your filename: LastName_FirstName_JWI515_GUIDES_Worksheet.docx

e.g. Doe_John_JWI515_ GUIDES_Worksheet.docx

Week 2:

Complete the following sections of the GUIDES Worksheet:

o Section G (GDP & Growth)

o Section U (Unemployment & Utilization)

o Section I (Inflation & Interest rates)

Week 3:

Complete the following sections of the GUIDES Worksheet:

o Section D (Debt & Deficits)

o Section E (External balances & Exchange rates)

o Section S (Savings & Investment)

Submit your completed GUIDES Worksheet document (All Sections – G, U, I, D, E, and S) in Week 3.