Order Description
I. Briefly describe the two economies (UAE & JAPAN) in broad terms this serves as part of the introduction o the assignment and as abases for motivating your choice of variables.
2. Variables: identify and justify relevant variables-i.e. use relevant the oryto Justify your choice of variables. Hint: you might start from them acro economic identity: Y=C+I+G+(X-M); other models will become apparent as the course progresses.
3. Data: researching and collating appropriate and comparable ten year data for UAE & JAPAN (The
World data bank should be used as the primary data base for your assignment ,this should be supported by data from other sites (e.g. Eurostat, Zawya, National Bureau of Statistics) to address any gaps in the data. Up-to-dated at a is necessary to gain a good grade)
4. Explanation: researching qualitative / analytical explanatory material (e.g. EIU
Country analyses, IMF reports, etc.)toexplainthedatapresentedinsectionA2.

B. Analysis
I. Explaining: giving reasons why economic variable shave values you found.
2. Linking: relating variables to broader in dicators such as the standard of living, economic growth prospects, etc. (data analysis).
3. Difference: comparing data and explanations for two economies ( UAE & JAPAN), and drawing conclusions as to any reasons for observed differences (comparative analysis).