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Economic Systems and Market Methods (Economic Analysis (Elaborating…
Economic Systems and Market Methods
Introduction
Study a country's economic environment to assess its development , explain its performance and estimate its potential
New markets , new perspectives
Countries differ in various ways
Economic and political changes alter market Circumstances
Connections , change and consequences
Challenges of the Comeback
Choices of citizens ,policymakers and institutions
International Economic Analysis
Which countries in the world warrant investment as well as those they must avoid
Economic freedom
Today
Slowed in 2013
The value of economic freedom
Trends in economic freedom
Fear of freer markets
The market test
Type of economic systems
Market economy
Less is more
Command economy
Mixed economy
Assessing economic development performance and potential
Measures of economic performance
Gross national Income GNI
Gross National product (GNP)
Gross Domestic Product GDP
Adjusting analytics
Rate of economic growth
Poupulation size
Purchasing power parity
Performance and potential : Alternative interpretations
Sustainability
Stability
Economic Analysis
Inflation
The cost of living
Measuring inflation
No inflation then Deflation
Unemployment
Measuirng unemployment
Debt
Income distribution
Benefits and costs
Gini coefficent
Poverty
Prevalence of poverty
The potential of the poor
Success standards
The balance of payments
Elaborating economic analysis with global indices
Global competitiveness Index GCI
World Competitiveness Index WCI
Global Innovation Index GII
Where-to-be-born index WTBB