Global Studies Question

The primary aim of Assignment is to provide you with an opportunity to survey the scientific literature on economic growth and design a policy for the UAE based on your research. Your aim is to better understand the scientific research on an important growth determinant, and then propose a policy recommendation for your country.

You will have to produce a 2000-2500 word research paper. A research paper involves conducting individual background research on a topic, discussing your findings, summarizing the key ideas, and then communicating those ideas effectively.

This topic is going to be investigated:

The Effects of Saving and Investment of Growth.

Part 1:

Briefly introduce the topic. What do you expect the effect to be? (200-250 words)

Part 2:

You will use at least FOUR different resources to summarize the theoretical and the empirical literature on the topic. At least three of the sources must be scholarly (i.e., a peer reviewed paper, academic book chapter). The other source can be non-scholarly (e.g., popular blogs or media, such as The New York Times). You are expected to communicate your ideas clearly and summarize your findings in an efficient manner (1000-1500 words).

Part 3:

You will design a policy recommendation for the UAE based on your research and your findings . Describe the policy recommendation and explain how it will influence economic growth and development. (500 words)

Part 4:

Using the Solow Growth Model, explain how your suggested policy affects economic growth. Make sure you support your discussion with graphs. (250-500 words)

Assignment Information

Length:

1700-2250

Learning Outcomes Added

The grades would be based on these Learning Outcomes Added

LO1_Growth: Assess the costs and benefits associated with economic growth and/or economic development.
LO3_TechnologicalProgress: Critically compare the socio-economic outcomes from technological progress.
LO4_Institutions: Analyze the importance and effectiveness of economic institutions

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EXTRA NOTES FROM THE PROFESSOR

Think at the country level (not individual level).

One policy = One clear action only.

Part 3 must connect directly to Part 4.

Solow Model must align with the policy.
Goal of the policy = Increase production (Y).

PART 1

Explain why you chose the topic. Use economic concepts. Before reading articles, explain what you expect the relationship to be. Mention: Positive effects Possible or negative effects and Why.

A sentence when I tell him what is the relationship between a Saving and Investment and growth

PART 3

for example in the gathering information from part 2, for a positive effect or negative effect, and design a policy how it affect Saving and Investment and influence the growth. We are going to apply this policy which is going to focus on saving Just make a one action and define it properly.

One policy = one action.

PART 4

How the policy that I made is going to change the graph. I need a graph that uses the old aspect, and the changed after the policy, and explain the graph, how it shifted and have been changed.

No need numbers in the graphs, x axis and y axis.

We need to explain the graph very well, as if the reader dont know anything.

In the end, the goal of the policy should be to increase production, and the graph should shift upward.

One graph needed, with the old aspect and new aspect of lines, put different lines with its own color so it be clear the old and the new from before the policy and action and after, so it be clear with the shift.

Capital is K, labor is L, capital and labor is K/L

Y is outcome

A is Technology

Saving and investment could be used as a technology in the policy, when ppl save money, they could interfere into technology, but the topic of inequality shouldnt bc applied to the technology.

Requirements: 2000-2500 words

WRITE MY PAPER

Assignment Information

Learning Outcomes Added

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