International Macroeconomy Essays
Two questions to be answered –
1. Is Information and Communication Technology (ICT) a third Industrial revolution?
2. Should monetary policy target nominal GDP growth rather than inflation?
1000 word maximum for
each essay (including tables but excluding references).
Here are links to the recommended readings which should be used when answering the questions above. Reference to data/quotes/facts should be included in the essays and based on the articles below:
https://cepr.org/sites/default/files/policy_insigh…
http://www.oecd.org/dataoecd/42/34/22024038.pdf
http://economics.weinberg.northwestern.edu/robert-…
http://dspace.mit.edu/bitstream/handle/1721.1/5417…
http://ebusiness.mit.edu/erik/JEP%20Beyond%20Compu…
http://archive.nyu.edu/bitstream/2451/27759/2/CPP-…
http://www.newyorkfed.org/research/staff_reports/s…
https://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.10…
https://www.nbs.sk/_img/Documents/_PUBLIK_NBS_FSR/…
https://www.brookings.edu/opinions/central-banks-m…
http://www.europarl.europa.eu/RegData/etudes/IDAN/…
https://voxeu.org/article/inflation-targeting-dead…
https://online.ercep.com/media/attachments/inflati…
https://www.ecbforum.eu/uploads/originals/2014/pdf…
https://voxeu.org/article/nominal-gdp-targeting-de…
Answer Preview
Information and communication technology is the integration of telecommunications such as mobile phones, the internet, computers, storage devices, software’s, and various audiovisual systems which enable enterprises to access, store, transmit, and use information in their processes and operations. With the change in the market demand and consumer tastes and preferences, organizations have had to use information…
(1118 Words)