Economic Growth Inequality And Poverty in EU Social Indicators Report

Economic Growth Inequality And Poverty in EU Social Indicators Report

GLOBAL ECONOMICS Midterm Assignment & rubrics Task • • • This task has to be done individually Answer the questions associated with one of the two report topics below. Submit your answers in a pdf at the Turnitin section of week 5 Report Topic 1: You work at the Ministry of Economy, Trade and Industry of Mexico. Your supervisor has requested that you prepare a policy note on the effects of the recent USMCA trade agreement. Your task is to prepare a policy note that covers, the following points using the relevant economic concepts you have seen during the course up to this point: Research Questions 1. 2. 3. 4. 5. Describe the most relevant USMCA agreements for Mexico’s imports and exports. Provide evidence of which Mexican sectors and producers have benefited the most out of the agreement. Provide evidence of which Mexican sectors and producers have benefited the least out of the agreement. Provide evidence of which Mexican consumers have benefited the most out of the agreement. Provide evidence of which Mexican consumers have benefited the least out of the agreement. The policy note should have the following structure: o Introduction o Research Questions § Answer each of the research question using a separate section for each one o Conclusions § Close the presentation with your personal conclusions based on your research o References § References and the Bibliography have to be in Harvard’s citation style. Make sure you provide an objective analysis and are backed up with actual data and proper analysis of the trends and figures. Recommended sources: • Data: Office of the United States Trade Representative o https://ustr.gov/trade-agreements/free-trade-agreements/united-states-mexico-canada-agreement/fact-sheets/modernizing You should use additional relevant sources: specialized press, internet material, etc. Report Topic 2: You work at the European Department of the International Monetary Fund. The Department Director has requested that you prepare a policy note on how the last two crisis Brexit and the pandemic of COVID-19 can affect the stability of the European Union as the highest level of economic integration. Your task is to prepare a policy note that covers, the following research question using the relevant economic concepts you have seen during the course up to this point: Research Questions 1. Provide general information about the actual situation of European Union using the main macroeconomic indicators (GDP growth, unemployment rate, inflation, current account balance…) 2. Show the importance of the EU economy compared with the economies of other countries in percentage terms, (for example: EU GDP represent xx% of the World Economy) and the countries with it trades the most. 3. A discussion about the effect of COVID -19 and the Brexit on the stability of the European Union with the rest of the European members 4. Discuss the different measures which have been taken by the different members of the European union for dealing with Brexit and COVID-19 and mention if they agree or not The policy note should have the following structure: o Introduction o Research Questions § Answer each of the research question using a separate section for each one o Conclusions § Close the presentation with your personal conclusions based on your research o References § References and the Bibliography have to be in Harvard’s citation style. Make sure you provide an objective analysis and are backed up with actual data and proper analysis of the trends and figures. Recommended sources: • • • National statistical institute / Central Bank o www.worldbank.org Eurostat o https://ec.europa.eu/eurostat/web/main/home European Union o https://europa.eu/european-union/index_en You should use additional relevant sources: specialized press, internet material, etc. Formalities: • • • • • Wordcount: maximum of 2000 words Add the proper References at the end. References are excluded of the total wordcount. Font: Arial 12,5 pts. Text alignment: Justified. The in-text References and the Bibliography have to be in Harvard’s citation style. Submission: Week (5) – Via Moodle (Turnitin). Sunday 23rd August at 23:59 . Weight: This task is a 40% of your total grade for this subject. It assesses the following learning outcomes: • Develop a complex understanding of the main concepts of international economics covered during the topics of the first 4 weeks; o Analyze the highest form of economic integration o Understand and analyze the different global economic theories; o Advantages and disadvantages of economic integration o Positive and negatives effects of international trade Rubrics Application (30%) Student applies fully relevant knowledge from the topics delivered in class. Good 80-89 Student demonstrates good understanding of the task and mentions some relevant concepts and demonstrates use of the relevant vocabulary. Student applies mostly relevant knowledge from the topics delivered in class. Critical Thinking (30%) Student critically assesses in excellent ways, drawing outstanding conclusions from relevant authors. Student critically assesses in good ways, drawing conclusions from relevant authors and references. Communication (20%) Student communicates their ideas extremely clearly and concisely, respecting word count, grammar and spellcheck Student communicates their ideas clearly and concisely, respecting word count, grammar and spellcheck Knowledge & Understanding (20%) Exceptional 90-100 Student demonstrates excellent understanding of key concepts and uses vocabulary in an entirely appropriate manner. Fair 70-79 Student understands the task and provides minimum theory and/or some use of vocabulary. Student applies some relevant knowledge from the topics delivered in class. Misunderstanding may be evident. Student provides some insights but stays on the surface of the topic. References may not be relevant. Student communicates their ideas with some clarity and concision. It may be slightly over or under the wordcount limit. Some misspelling errors may be evident. Marginal fail 60-69 Student understands the task and attempts to answer the question but does not mention key concepts or uses minimum amount of relevant vocabulary. Student applies little relevant knowledge from the topics delivered in class. Misunderstands are evident. Student makes little or none critical thinking insights, does not quote appropriate authors, and does not provide valid sources. Student communicates their ideas in a somewhat unclear and unconcise way. Does not reach or does exceed wordcount excessively and misspelling errors are evident. …

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