In preparing a report, one needs a lot of assistance and guidance from reliable sources. This report also stands on basis of such efforts. This is a pleasure express my gratitude to the course instructor for giving us the opportunity from which we have achieved a lot of practical experience.
At the very outset, I would like to express my deep respect to my honorable instructor, K.M. Zahidul IslamLecturer of Economics, Business school, Independent University, Bangladesh, for giving his valuable time and all the necessary guidance. His continuous support has inspired us to make a more feasible report based on in depth analysis.
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Though this report suffers from many shortcomings, we have exerted my best efforts in preparation of this report. Due to bank’s restriction they did not give me as much information as I require. I seek excuse and petition for the errors that occurred in spite of my best efforts.
Table of Content:
1.0 Introduction………………………………………..……………………….. 01
1.1 Objective of the report……………………………………………………… 01
1.2 scope of the study:
1.3 Methodology of the Report …………………………………………………01
1.4 Limitations of the study……………………………………….……………. 02
2.0 The concept of GDP and its elaboration…………………..……………….. 02
3.0 Some important concepts and their implication…………………………… 03
3.1 Consumption……………………………………………………………….. 03
3.2 Investment………………………………………………………………….. 04
3.3 Government…………………………………………………………..……. 04
3.4 Factors of production……………………………………………….…….. 04
4.0 Standard of living of citizens is determined by a country’s capacity to produce goods and services…………………………………………………………………………. 05
4.1 Impact on Unemployment………………………………………………… 07
4.2 Impact on Income…………………………………………………………. 07
4.3 Impact on consumption and expenditure……………...…………………. 07
4.4 Impact on taxes…………………………………………………………… 07
Conclusion…………………………………………………………………….. 08
2.0 Introduction:
Macroeconomics is the study of the economy as a whole. Its