Macroeconomics

Assignment

Macroeconomics conditions in Bangladesh

Submitted to:

Habibullah Bahar

Lecturer

East West University

WHAT IS MACROECONOMICS ?

The field of economics that studies the behavior of the aggregate economy. Macroeconomics examines economy-wide phenomena such as changes in unemployment, national income, rate of growth, gross domestic product, inflation and price levels.

The economic indicators determine a nation’s economic state .One could easily find the overall economic situation by observing the indicator of economics.

MACROECONOMIC CONDITIONS IN BANGLADESH

Dr. Rob Vos, Director of UN Department of Economic and Social Affairs (UN-DESA) while presenting the world report on annual economic situation stated that while economies of the developed countries of Euro Zone and North America are teetering on the brink of another major downturn, few developing economies namely that of China, India and Bangladesh are maintaining their economic situation quiet well.

Bangladesh,is a developing country. But over the last few years,Bangladesh has experienced and maintained a high growth rate and income per capita rate compare to other third world countries.Bangladesh Bank always provides the annual report to look upon the overall situation of economy. The global economy is growing more slowly than anticipated, and growth is projected to remain subdued at 2.9 percent in 2013. The growth in advanced economies is expected to pick up gradually following a weak 1.2 percent growth in 2013. In emerging market and developing economies, the growth rate

is expected to slow to 4.5 percent in 2013. However, global activity is expected to strengthen moderately, but downside risks to global growth prospects still dominate the outlook.

MAJOR INDICATOR OF MACROECONOMICS

The major indicators of any economical condition whether it is for developed countries or for developing countries always remain the same. In...