Economic Analyses - Netherlands
Netherlands
National Economy: 2008-2012
Compulsory Assignment
April 24 2012
Spur: MM 2nd Sem.
Subject: Descriptive Economics
Table of contents _
Introduction…………………………………….………………………………………………..……………………………………………………2
GDP………………………………………………………………………………………………….…….……………………………………………….3
Unemployment Rate...............................................................................................................................…...6
Inflation Rate……………………………………..…………………………………………………………………………………………………9
Conclusion…………………………………………………………………………………………………………………………………….…….12
Bibliography………………………………………………………………………………………………………………………………..………13
Introduction _
This report is written for the purpose of the completion of a compulsory assignment that was allotted to the second semester students of the Marketing and Management spur. The theory and data that is described herein is related to the subject of descriptive of economics which is a branch of macroeconomic studies. The specifics of the assignment are, according to my understanding, to find a national economy of our choice; analyze the nation’s recent economic growth rate known as GDP (Gross Domestic Product); analyze the inflation rate; analyze the unemployment rate; present visual data to support the written information; explain in advance what GDP, inflation and unemployment is from the definitive perspective. The national economy that I have chosen to analyze is that of the Netherlands. The reason that I have specifically chosen this economy is twofold. Firstly, the Dutch economy it is one of many economies within the European Union that is having difficulties recovering from the global financial crisis of 2008/9 and
National Economy: 2008-2012
Compulsory Assignment
April 24 2012
Spur: MM 2nd Sem.
Subject: Descriptive Economics
Table of contents _
Introduction…………………………………….………………………………………………..……………………………………………………2
GDP………………………………………………………………………………………………….…….……………………………………………….3
Unemployment Rate...............................................................................................................................…...6
Inflation Rate……………………………………..…………………………………………………………………………………………………9
Conclusion…………………………………………………………………………………………………………………………………….…….12
Bibliography………………………………………………………………………………………………………………………………..………13
Introduction _
This report is written for the purpose of the completion of a compulsory assignment that was allotted to the second semester students of the Marketing and Management spur. The theory and data that is described herein is related to the subject of descriptive of economics which is a branch of macroeconomic studies. The specifics of the assignment are, according to my understanding, to find a national economy of our choice; analyze the nation’s recent economic growth rate known as GDP (Gross Domestic Product); analyze the inflation rate; analyze the unemployment rate; present visual data to support the written information; explain in advance what GDP, inflation and unemployment is from the definitive perspective. The national economy that I have chosen to analyze is that of the Netherlands. The reason that I have specifically chosen this economy is twofold. Firstly, the Dutch economy it is one of many economies within the European Union that is having difficulties recovering from the global financial crisis of 2008/9 and
Bibliography: 1. Business Dictionary.com (2012), Law of diminishing returns, available at: http://www.businessdictionary.com/definition/law-of-diminishing-returns.html (accessed on April 29, 2012) 2 3. Dutch State Treasury (2011) Ministry of finance: Outlook, available at: http://www.dsta.nl/dsresource?objectid=7528&type=org (accessed on April 29, 2012) 4 5. Encyclopedia of Nations (2012), The Netherlands - Overview of economy, available at: http://www.nationsencyclopedia.com/economies/Europe/The-Netherlands-OVERVIEW-OF-ECONOMY.html (accessed on April 28, 2012) 6 7. Mankiw, G. (2008), Principles of Macroeconomics, 6th edition, Ohio: SW Cengage Learning 8 9. Piana, V. (2001), GROSS DOMESTIC PRODUCT, available at: http://www.economicswebinstitute.org/glossary/gdp.htm (accessed on April 28, 2012) 10