b594 Intro combined

b594 Intro combined - Business Government& the Global...

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Unformatted text preview: Business, Government & the Global Economy Business 594 Third Module 2010 Professor Franklin Robeson Measuring Economic Performance • What are our options? GDP Per Capita • Can you match them up? Country GDP per capita Brazil $ 53,269 China $ 46,443 Dominican Republic $ 42,574 Germany $ 34,219 Hong Kong $ 15,039 India $ 13,542 Mexico $ 12,339 Norway $ 10,456 Russia $ 8,672 Thailand $ 7,998 Turkey $ 6,546 USA $ 2,932 Actual GDP Per Capita • Surprises? Country GDP per capita Norway $ 53,269 USA $ 46,443 Hong Kong $ 42,574 Germany $ 34,219 Russia $ 15,039 Mexico $ 13,542 Turkey $ 12,339 Brazil $ 10,456 Dominican Republic $ 8,672 Thailand $ 7,998 China $ 6,546 India $ 2,932 Source: IMF 2009 Nominal GDP • Size Matters Country GDP Nominal (in millions USD) US $ 14,270,000 Japan $ 5,049,000 France $ 4,758,000 China $ 4,758,000 Germany $ 3,235,000 Brazil $ 1,482,000 Russia $ 1,255,000 Source: CIA Fact Book 2009 Unemployment Rate • Match them Country Unemployment % USA 4.0% Spain 4.4% Russia 5.2% Mexico 6.8% Ireland 8.6% India 9.5% Germany 9.7% Denmark 9.9% China 13.0% Brazil 19.3% Unemployment Rate Actual Country Unemployment % China 4.0% Denmark 4.4% Mexico 5.2% Brazil 6.8% Germany 8.6% India 9.5% USA 9.7% Russia 9.9% Ireland 13.0% Spain 19.3% Source: CIA Fact Book, July, 2009 Inflation • One is easy to match Country Inflation Rate (%) Zimbabwe 0.80 Venezuela 1.50 USA 2.70 Russia 4.46 Mexico 4.59 India Inflation Actual Country Inflation Rate (%) Germany 0.80 China 1.50 USA 2.70 Mexico 4.46 Brazil 4.59 Russia Source: Various for Jan 2010 except Zimbabwe (2009 avg) Infant Mortality • A possible measure of basic health care Country Infant Mortality...
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This note was uploaded on 02/05/2011 for the course BUAD 500 taught by Professor Wilson during the Spring '11 term at William & Mary.

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b594 Intro combined - Business Government& the Global...

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