Preview

Brazil Unemployment Rate

Good Essays
Open Document
Open Document
1020 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Brazil Unemployment Rate
Running Head: Brazil Unemployment Rate 1
Brazil Unemployment Rate
Students name:
AIU

Brazil Unemployment Rate 2
Abstract
Discussion of macroeconomics and Brazil’s unemployment rate and how it concerns its economy.

Brazil Unemployment Rate 3
Brazil Unemployment Rate
Macroeconomics is the study of the movement, trends, and changes in the economy over time as a whole (http://moya.bus.miami.edu/). Over the years South America has built their economy from poverty to middle class and higher but with the unemployment rate and inflation going up these countries that make up this continent might revert back to their primal state. In this paper the focus of discussion will be around the country Brazil. The effects macroeconomics has on Brazil’s unemployment rate and how the unemployment rate affected its economy between the years 2001 to 2012.
In the South American economy, some concerns of macroeconomics would be: being able to measure how well the economy is performing, to seek and understand how the economy works, and how to improve the performance of the economy ( http://moya.bus.miami.edu/). Brazil’s population was last recorded as 190 million and 81% of that 190 million live in the urban parts of Brazil. This aids economic development but could also create serious social, security, environmental, and political problems for major cities. Brazil has been proactive in recognizing its potential threats. From the help of the former President Lula, surging exports, economic growth, and social programs helped lift tens of millions of Brazilians out of poverty. And for the first time, a majority of Brazilians are now middle-class, and domestic consumption has become an important driver of Brazilian growth (http://www.state.gov).
Learning the system of how macroeconomics works is very important for many reasons. Such as: how to improve wealth and welfare for families and businesses, understand the unemployment rate, keep track of the less



References: Retrieved from http://www.investopedia.com/terms/m/macroeconomics.asp#axzz1zObWq5aR on July 1, 2012 Retrieved from http://www.slembeck.ch/principles.html on July 1, 2012 Retrieved from http://wps.prenhall.com/bp_casefair_econf_7e/30/7931/2030527.cw/index.html on July 1, 2012 Retrieved from http://www.state.gov/r/pa/ei/bgn/35640.htm on July 1, 2012 Retrieved from http://moya.bus.miami.edu/~dkelly/teach/eco212/mstudy_quiz1.pdf on July 1, 2012 Retrieved from http://www.tradingeconomics.com/brazil/unemployment-rate on July 1, 2012

You May Also Find These Documents Helpful

  • Satisfactory Essays

    economics: Brazil is the largest national economy in Latin America and has growing market exchange rates and purchasing power parity. The Brazilian economy has been predicted to become one of the five largest in the world in the decades to come. Brazil has an employment rate of over a hundred million and the unemployment rate is as small as 6.2% of the population.…

    • 356 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    unit 4 ip macroeconmics

    • 548 Words
    • 1 Page

    As an employee of the World Bank, I have been asked to research an economic concern in a South American country and write a report on my findings. I selected Brazil as my country. I will look at the research data sets for the economic concern, Gross Domestic Product (GDP). In this report I will discuss the relationship between GDP and Brazil’s economy and trends in data sets, which are supported with data evidence.…

    • 548 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Brazil, officially known as the Federative Republic of Brazil, is a South American country which has recently transitioned from a regional to a global power (U.S. Dept. of State, 2011). This is primarily due to the country’s real gross domestic products which have created surging exports and economic growth. The economic growth of Brazil in recent years has lifted tens of millions of Brazilians from poverty to upper middle class citizens (U.S. Dept. of State, 2011). This has increased domestic consumption (a component of aggregate demand) and therefore the increase in the real gross domestic products as a result of the increases in aggregate supply and demand (Editorial Board, 2011).…

    • 1125 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Eco 212

    • 2018 Words
    • 9 Pages

    This course examines the economy at the macro level in the long run, this would simplify learning Macroeconomics.…

    • 2018 Words
    • 9 Pages
    Good Essays
  • Powerful Essays

    This paper I am writing is concerned with the economic considerations of a South American country and shall analyze the impact of an economic concern as followed on this particular South American country that I have chosen and I will identify the trend of the economic concern with the specified region and basis of data sets that accumulated from the source. The South American countries have a major impact on the American Economy and the concern of one particular country raised our bodies of knowledge regarding the economic trend involved in the particular country and was found to have its impact on overall economy as well.…

    • 1412 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    Eco 372 Syllabus

    • 2206 Words
    • 9 Pages

    This course provides students with the basic theories, concepts, terminology, and uses of macroeconomics. Students learn practical applications for macroeconomics in their personal and professional lives through assimilation of fundamental concepts and analysis of actual economic events.…

    • 2206 Words
    • 9 Pages
    Satisfactory Essays
  • Powerful Essays

    econ252

    • 1281 Words
    • 8 Pages

    Your objective should be to develop a sufficient understanding of these macroeconomic principles, and also the ability to apply this thinking to various problems, both familiar and unfamiliar. This course should prepare you to think like a junior…

    • 1281 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    eco372

    • 1418 Words
    • 6 Pages

    This course provides students with the basic theories, concepts, terminology, and uses of macroeconomics. Students learn practical applications for macroeconomics in their personal and professional lives through assimilation of fundamental concepts and analysis of actual economic events.…

    • 1418 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Brazil’s population also plays an important aspect in the international arena; it ranks fifth in the world in terms of its population with over 186 million people. Slavery was abolished in 1888, which over time a further blurred racial lines; Brazil is a mixture of races and ethnicities, resulting in rich diversity. Approximately 80% of its population is Roman Catholic. Despite the mixing of ethnicities; there is a class system in Brazil. Thus, there is a great disparity in wage differentials--and therefore lifestyle and social aspirations among the different classes (Brazilian Culture, Family, and Its Ethnic-Cultural Variety, 193). On the other hand, Brazil’s current economic situation is at its best. Today most of the world is consumed in debt and dealing with high levels of unemployment; Brazil instead is trying to see how to manage its economic boom. It was the last country to enter the great recession…

    • 1713 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Econ Study Guide

    • 2117 Words
    • 9 Pages

    Macroeconomics is the study of the economy as a whole. It considers problems of inflation, unemployment, business cycle and growth.…

    • 2117 Words
    • 9 Pages
    Good Essays
  • Better Essays

    Brazil is the largest country in South America and is the fifth-most populated nation in the world. Brazil also has the seventh-largest economy in the world. The gross domestic product value of Brazil represents 3.93% of the world economy. In 2010, Brazil’s gross domestic product was at an estimated $2.090 trillion and their per capita was at $10,816. In 2012 their gross domestic product was worth 2435.20 billion US dollars. Brazil 's gross domestic product expanded 5.0% year-on-year in the fourth quarter, down from growth of 6.7% in the third quarter and a peak of 8.8% in the second quarter [Fick, J. (2011, March 3)].Their mixed economy and abundance amount of natural resources help contribute to the country’s gross domestic product. Over 30% of the GDP is accounted by steel, computers, aircraft, petrochemicals, and manufacturing automobiles.…

    • 816 Words
    • 4 Pages
    Better Essays
  • Better Essays

    The unemployment rate has a direct correlation to the economy of Peru. The first relationship to the economic state is through the Gross Domestic Product (GDP). The unemployment rate has a direct relationship to the GDP. For instance, if the relationship between the two is negative there is obviously a high unemployment rate (Levine, 2013). Gross Domestic Product is also a direct indicator of a country 's economic situation. In Peru as the unemployment rate has started to decline the GDP has started to come up in the past decade. The GDP has increased from $61.347 billion to $197 billion in the last decade (“Peru GDP,” n.d.). This means that the GDP has increased while the unemployment rate has dropped. The unemployment rate in…

    • 1221 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Colombia Research Paper

    • 804 Words
    • 4 Pages

    Latin American countries have been undergoing testing times in terms of economy and public welfare. Colombia is one such country that is facing severe challenges with its economy. One of the most pressing issues facing the country of Colombia is that of unemployment. Colombia is probably best known for its drug producing mafia. Its infamy impacts tourism and trade, despite Colombia being the second largest producer of coffee in the world. The unemployment, especially among the youth, acts like fuel to the fire with regards to Colombia’s economic uncertainty.…

    • 804 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Its goal is to explain the economic changes that affect many households, firms, and markets at once.…

    • 1498 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    The main objective of the project is to analize the influence of the following variables, X1-the number of unemployed people, X2-the active population, X3-the investments, X4-number of retired persons because of invalidity, X5-number of persons who moved from the rural to the urban environment and X6-the imports, on the main variable Y which is the unemployment rate.…

    • 1880 Words
    • 8 Pages
    Satisfactory Essays

Related Topics