This paper is informal and is designed to get you to read about the macro economy of the few nations in Africa. Identify the following facts about Nigeria, Ghana, and the Democratic Republic of Congo 1. Current Population
1. Population Density
2. Size of age groups
3. Immigrant Population
4. Size of Gender Groups
5. Average Population Growth
6. Average age at first marriage
2. Current GDP 3. Current Rate of Inflation 4. Current State of Labor Markets (suggested stats seen below)
1. Size of Workforce
2. Size of Adult Population
3. Unemployment Rate
4. Labor Force Participation Rate
5. Employment to Population Ratio
6. Average Hours Worked Per Week 7. Average Hourly Wages
5. Current Monetary Policy 1. Tight Monetary Policy (high or increasing interest rates) 2. Easy Monetary Policy (low or decreasing interest rates)
6. Current Fiscal Policy 1. Low or High Individual Tax Rates 2. Low or High Corporate Tax Rates 3. Low or High Business Regulations
7. Current State of Trade 1. Many or few trade agreements 2. Trade Deficit, Trade Surplus, or Balanced Trade 3. Top 3 trade partners with the selected country.
8. How free is the country’s economy on Heritage’s Index of Economic Freedom?
9. Has the country’s economy become more or less free across the past several years?
10. What are the top three religions in the county and how many practitioners comprise the top three?
11. What is top language spoken in the selected country.
12. What is the dominant currency used in the selected country
13. What is the system of government in the selected country (republic, democracy, socialist republic, democratic republic, autocracy, etc.).
14. What is the general geography of the country like? 1. Major Lakes and Rivers 2. Major Mountain Ranges 3. Major Beaches 4. Average Temperatures 5. Average Rainfall
15. What is the state of agriculture like in the country? 1. What are the major crops? 2. What kind of animals are raised in the country? You must use at least 3 sources per country. I recommend using Heritage, WTO, IMF, and the CIA Factbook. Be sure to cite your sources using APA style citations.
