Economics 364
 Project 1

Due  February 15, in my mailbox, no later than 5 p.m.



Find out the following things about your country for the most recent 3 years available:
(Note:  you must have a complete set of data for all three years, not some observations for some years and some for other years.)

Gross Domestic Product (real, in local currency units.  Be sure to specify base year!)
Population
Real per capita income (GDP/population)
(You must make sure that GDP and population are measured in the same numerical units, e.g. millions, for the resulting numbers to make sense)
Labor force
(try to specify how the labor force is measured; that is, does it include military?  Are there other ways in which this is different from the U.S. labor force statistics?)
Price indexes
(GDP deflator, also called the implicit price deflator, and a measure of consumer prices such as the Consumer Price Index.  If the GDP deflator is not listed, it can be calculated by taking the ratio of nominal GDP to real GDP and multiplying by 100. Be sure to indicate base year for both measures.)
Exchange rate (in units of local currency per U.S. dollar)
Interest rate (preferably something equivalent to the U.S. money market rate, but specify what it is.)
Inflation rates, as based on both the CPI and GDP deflator  (you will only be able to calculate rates for the last two years)
GDP growth rate   (you will only be able to calculate rates for the last two years)
Per capita income growth rate   (you will only be able to calculate rates for the last two years)

A general description of the government
The web site for your country's embassy (if available) and at least one other web site that gives information about your country

IMPORTANT:
1.  You MUST indicate units (e.g. GDP in billions of dollars, CPI base 1982) ;  assignments without units for ALL relevant statistics will receive a failing grade (I am absolutely serious about this; no exceptions.)
2.  You must submit your assignment on an (IBM-formatted) diskette in an Excel spreadsheet file.  Excel version does not matter.  Everything must be clearly labeled.
3.  You must cite the source(s) of your information.  Web sites are cited by URL code.
4.  Late assignments will not be accepted without a really good and well-documented reason.