Economic analysis
TBS 905 – Economic Analysis of Business
Germany and United Arab Emirates
Surbhi Sawalka (4662398)
Index
Introduction ------------------------------------------------------------------------------------------------------------Part 1
Economic Indicators --------------------------------------------------------------------------------------------------Part 2
Conclusion --------------------------------------------------------------------------------------------------------------Part 3
References --------------------------------------------------------------------------------------------------------------Part 4
Introduction
The report is an analysis of the economies of two nations; Germany and UAE. The analysis will help us understand how contrasting or similar their economies are. This will be done by looking at four economic indicators; Household Final Consumption Expenditure, Net Exports, Unemployment and Gross Fixed Capital Formation.
The first variable (Household Consumption Expenditure) will help us to figure out the household consumption pattern that prevails in the two nations. The second variable (Net Exports) will let us understand the foreign trade structure and whether the country is into surplus or deficit. The third variable (Unemployment) will help us determine the level of unemployment that prevails in the two economies. The last variable that will be taken into consideration is Gross Fixed Capital Formation which will give us a clear picture of the investment pattern and structure in Germany and the UAE. Before getting into the details of the different economic indicators, let’s get two know about the two economies.
Germany being a part of the European Union is a High income and a developed nation (OECD). The country consists of 16 states. The country enjoys a social market economy and has highly skilled labor. Along with this, it also has large capital stock and a comparatively low level of corruption. The
Germany and United Arab Emirates
Surbhi Sawalka (4662398)
Index
Introduction ------------------------------------------------------------------------------------------------------------Part 1
Economic Indicators --------------------------------------------------------------------------------------------------Part 2
Conclusion --------------------------------------------------------------------------------------------------------------Part 3
References --------------------------------------------------------------------------------------------------------------Part 4
Introduction
The report is an analysis of the economies of two nations; Germany and UAE. The analysis will help us understand how contrasting or similar their economies are. This will be done by looking at four economic indicators; Household Final Consumption Expenditure, Net Exports, Unemployment and Gross Fixed Capital Formation.
The first variable (Household Consumption Expenditure) will help us to figure out the household consumption pattern that prevails in the two nations. The second variable (Net Exports) will let us understand the foreign trade structure and whether the country is into surplus or deficit. The third variable (Unemployment) will help us determine the level of unemployment that prevails in the two economies. The last variable that will be taken into consideration is Gross Fixed Capital Formation which will give us a clear picture of the investment pattern and structure in Germany and the UAE. Before getting into the details of the different economic indicators, let’s get two know about the two economies.
Germany being a part of the European Union is a High income and a developed nation (OECD). The country consists of 16 states. The country enjoys a social market economy and has highly skilled labor. Along with this, it also has large capital stock and a comparatively low level of corruption. The