Macroeconomic – Country Profile Project
Comparison between KSA & USA
Chosen Country = Saudi Arabia
The report is consisting of graphs and reflection on the graphs as speciefied in the details below. The data for the variables listed is available in the excel sheet attached in the request. Each graph should be presented with a graph separately.
Deliverables – report and excel sheet that contain the data and the report.
This part of your project should consist of text and charts or graphs and it should be readable as a unified macroeconomic description of your chosen country. This macroeconomic description should consist of discussions of the various macroeconomic variables displayed in your charts.
The sequence in which the variables are discussed could follow the sequence in which the variables are discussed in this course. You should try to link the data for your chosen country to the ideas discussed in the course.
Each chart should be clearly labeled so that it is easy to understand it. Each chart should be accompanied by a brief written comment highlighting what you consider important or interesting about the chart.
Your data sources should be clearly indicated.
It should be possible to read your report from start to finish and come away with a good understanding of the macro economy of your chosen country.
Charts comparing Saudi Arabia to the United States could be genuinely useful in making the reader understand your chosen country.
If you do not have data for some years — say, the years prior to 2005 — don’t show those years on the horizontal axis of your chart.
Topic 1 (Inflation):
We want to know whether inflation is under control in Saudi Arabia. So the following group of variables could be shown separately and together, as a group. We learned in this course that in the long run inflation is usually driven by rapid growth in the quantity of money. You could comment on whether the quantity of money is growing out of control in your chosen country.
Recall that the long-run theory of inflation says that the inflation rate equals the rate of growth of the quantity of money minus the rate of growth of real GDP. So, you may wish to graph these two things in the same graph to see if they indeed are similar looking.
Inflation variables
Inflation (% increase in GDP deflator)
Inflation (% increase in CPI)
Broad money growth (annual %)
Broad money growth – Real GDP growth
Topic 2 (Employment and Income):
We would like to know whether most of the people in your chosen country are employed. So the following group of variables could be shown separately and together, as a group. You could comment on all these variables, emphasizing on whether the people of your chosen country appear to have good access to jobs, whether they earn enough from their jobs, and whether their earnings are growing at a decent rate. All this is crucial to understand whether your chosen country is economically healthy.
Find creative ways of using the available data below to show links to what we studied in the course.
Employment and Income variables
Population, ages 15-64 (% of total)
Real GDP per capita
Real GDP per capita, growth rate
Labor-Force Participation Rate
Unemployment Rate