ECON1020 Macroeconomic Performance
Macroeconomic Performance
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General Feedback Country Report ECON1020
Section 1: Macroeconomic Performance
• Students generally discussed trends in the indicators well.
• Many reports would have benefited by referring to Real GDP growth rather than total GDP.
• Students had difficulty with drawing connections between the indicators. You needed to
explain both the theoretical connection e.g., Phillips Curve and also explain the connection
by referencing the actual data from your country.
• The causes section was done to a good standard. However, many students failed to link their
causes e.g., changes to tax policy, directly to a change in the relevant indicators. Instead,
many students simply listed a variety of policies.
Section 2: Benchmarking
• Many students did not fully justify the country they chose as a benchmark. It was necessary
to explore similarities beyond geographic proximity or similar GDP.
• The most common issue was a failure to outline the limitations of the benchmark country
selection.
• Students also needed more detail in comparing their allocated country with the benchmark
country. The easiest way to do this was to compare the indicators discussed in Section 1
Section 3: Writing and Referencing
• Referencing was pretty good overall. Some students only included the hyperlink rather than
the full reference in the bibliography.
• Some students used Investopedia and Trading Economics which are not high-quality sources.
Should use sources such as Central Bank, IMF, World Bank and other reputable sources for
future reports.
• Many students wrote each section in one large paragraph. Dividing each section into smaller
paragraphs makes it much easier for the reader.
• Proof reading is essential for future assignments.