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Assessment Questions

You are required to prepare a data analysis report on Ireland’s economic performance in recent years. Download data on the best available measure of economic activity for Ireland and two other comparator countries from the World Bank database and use it to complete the following:

(a) Provide a written justification for why the measure you selected is the best available measure of economic activity for Ireland.

(b) Using the data, create and present a graph of the measure you have chosen for the three countries for the maximum time for which data are available.

(c) Complete a written commentary that describes the key trends which are observed in the graph and a discussion on why these trends might be occurring.

(d) Based on your knowledge of the Irish economy, discuss a current challenge that Ireland faces that could impact the country’s economic activity.

Be sure to use evidence to support your argument throughout. Evidence may be in the form of the empirical literature, official reports, books, data etc.

 

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