Less Developed and Emerging Economies

• Term Paper is based on the comparative case study of Developed (G-8 countries). Less Developed and Emerging Economies with reference to macroeconomic indicators exhibit the level of income disparity and poverty.
• The paper will evaluate macroeconomic indicators of growth and development of the respective country.
• Write a comparative case study of a ‘Developed Country’ (G-8 country) for example any developed country from G-8 nations. Compare the macroeconomic indicators of any developed country with the same macroeconomic indicators of any Developing / emerging economy (middle income) country for example, Brazil, Russia, India, China (BRIC) or any country from Middle East which is on the path of development.
OR
• You could also compare the macroeconomic indicators of developed country listed above(G-8) with any Less Developed Country (poor country) for example a country with poor economic indicators with people living in abject poverty, for example a country from Middle East, Central Africa or Central Asia.

Information to Include:
For your assigned economy: performance over the last five years of macroeconomic indicators, such as GNP, GDP, GDP growth, GDP per capita, GDP growth per capita, consumer and producer price index, inflation rates, unemployment and unemployment rates, should be given with a brief analysis as to how they illustrate the performance of that economy. Information about the country’s economic base is also desirable. Dollar figures should be in PPP (Purchasing Power Parity) dollars. You may find helpful to insert other data e.g., labor force statistics, labor force participation rates, productivity statistics, monetary unit, recent business cycle history, interest rates, other relevant features of financial markets, and any other relevant aspects of the macro economy. The information may also include the current recession and its impact on the economy.
(Note. your paper should have quantifiable data and your analysis or description. Do not just cut and paste data. Data must have supporting statement).

Suggested References:
• HDR. Human Development Report.2011. United Nations Development Program
• www.undp.org
• WDR. World Development Report. 2011. World Bank www.worldbank.org
• The Economist Economist .com
• WSJ (Wall Street Journal).
Objective: The objective of the term paper is to provide the students an opportunity to identify macroeconomic indicators specially GDP, GNP, rate of Inflation, unemployment, per capita income and growth of the respective countries. This will enable students to learn and understand theoretical concepts in concrete terms. The aim of this is to serve as foundation for further studies in economics and business. It is hoped by the time you finished this course, you will have a better understanding of issues facing businesses, and macroeconomic role of the Government.

Tips for the Term Paper
Term Paper is a research paper. I would suggest reading the following to properly cite the references in the endnote or footnote.
“A Manual for Writers of Term papers, Theses, and Dissertations.”
By: Kate L. Turabian
I would suggest contacting our Reference Librarian to get further assistance.

Term paper will be submitted in “hard copy” and will be submitted in an MS-Word file about 5-6 pages double space typed to lutafas@stthom.edu. Paper could be written in APA or Chicago style. The term paper will be checked for plagiarization using UST’ subscription service to TurnItIn.com
Librarians are standing by to help students. Librarians are available seven days a week. The details are on home page: http://www.stthom.edu/library.
There are lots of instructional tools online. They have course-specific research guides in dozens of areas. at http://doherty.libguides.com/. Please benefit from a research guide. These guides point students to the best sources available, providing them with revealing overviews of the work done on their topic.
Online tutorials are also available. The “Doherty Library Information Literacy Tutorials” provide a comprehensive overview of the research process, with animated video demonstrations of library tools. These tutorials take about an hour to complete.
In addition, the new audio/video tutorial, “Finding a Full Text Journal Article,” shows in 5 minutes how to complete the 4 steps of finding a journal article at Doherty:
1. Choose a database
2. Find a relevant article record,
3. Save the article’s citation information,
• Download the article’s full text. These tutorials are available at http://doherty.libguides.com/tutorials

SUBMISSION OF ASSIGNMENTS – Hard copy of the Term papers MUST be turned in on April 28th during class. The e-version (electronic copy) must be sent on the same day at lutafas@stthom.edu. Late submissions will not be accepted and student will get F on Term paper section.

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