Macroeconomics is a branch of economics which deals with the national economy. This subject seems interesting to those students who like to find pros and cons in the current economic policies of the governments worldwide. It is expected from these students that they draft such policies that are not much complicated for the present and future prospects of the economy. However, doing macroeconomics assignment is not an easy task. The future macroeconomists need to analyse multiple factors for economic growth, frame policies, draft their implementation framework, etc. This can be challenging for those who lack interest in this subject. So, if you are thinking, “Which are the most basic factors to always consider?” then here is a write-up highlighting 3 basic factors that will help you in drafting policies for macroeconomics case study given in your assignment. Thinking about them? Read this write-up by Assignment Prime experts.

1. Human Resources

A well-educated and skilled human resource is an asset for the nation. Such a trained labour force will deliver much higher output which will consequently effect the growth of an economy. Make sure you draft such policies that bring improvements in educational sector and training policies.

2. Technological Advancement

An economy which is technologically advanced has a higher economic growth rate. There is limited utilization of resources and more sophistication of production techniques. The same labour will produce more output and economy will grow. So, consider this factor when making policies related to manufacturing and industrial sector. If drafting policies for case study appears to be a bit challenging task, you can seek online assignment help from our experts.

3. Natural Resources

Natural resources are produced by nature, such as minerals, metals, non-metals, oil, natural gas, etc. Those countries which are blessed with plenty of natural resources are more developed and enjoy good economic growth. However, with urbanization and industrialization, they are also being over utilized. As a macroeconomist, you need to draft that prevent exploitation of such natural resources so that the economy grows the best to its potential.

So, these were some very basic factors to consider before drafting best policies for an economy. If you feel you can’t deal with so many complex theories, then rely on us. We have a team of dedicated case study, assignment, essay, thesis, and coursework writers who can do this for you. Contact us today!