BUSS 20003 MEC Differences Between Economic Growth & Development Discussion
Question 1
(a) Explain the differences and similarities between economic growth and economic development,
highlighting the aspects indicating Asian Tigers development with appropriate illustrations from the
case context .
(b) Discuss any four macro-economic indicators with some illustrations of the indicators from
the case study.
Question 2
Discuss the Gross Domestic Product (GDP), highlighting the components and methods of
calculating GDP. (25 marks)
Question 3
Discuss the theory of comparative advantage , highlighting the extent to which the Asian
Tigers have benefited from exploiting national advantages and specialization of their
countries in a bid to attain a high export drive.
Task 3 : MOOC Course
Complete the online course (MOOC) “Principles of Macro Economics ” through following link
and attach the image of completion certificate with your assignment. Write a reflection
paragraph about your learning and understanding from the online course. (10 marks)
Link is provided: https://courses.modernstates.org/courses/coursev1:…
81f4b77af748444ccff180c/1activate_block_id=blockv1%3AModernStatesX%2BMacro101%2B2016_T4%2Btype%40vertical%2Bblock%40f51a2b7c636c4b5bb
6d513461302de31
