Answer to Question #340765 in Management for Innolisha

Question

A: Use the major macro outcomes as a starting point: economic growth, employment, inflation, the balance of payments position, all give us an indication of how the economy is doing.

 

Q: There are many indicators of growth, employment/unemployment, inflation etc., which ones should I use?

A: This is where we want to see you take initiative. You can track and report on the major indicators like GDP growth and CPI inflation, but once you start on this you will realise that some of those are available only quarterly, some with a long lag and you are not really able to tell how the economy is doing now. We are also looking for interesting indicators, high-frequency indicators.