BA 2008 - Macroeconomics (Viel)

For this assignment, you will need to research the relative merits of different economic systems (various versions of Socialism, Communism and Capitalism, and how to implement them in a new nation.

You have been sorted into groups based on your economic system and need to decide what your island nation will look like.

Start by researching your economic system.

Start by finding successful examples of your economic system. 

For example, if you were implementing socialism, you might want to look at Nordic nations like Scandinavia. What does their political system look like? How much influence does the government have on the economy?

For capitalism, you might try Poland, Czech Republic, and Hungary. 

For communism, look at China, Vietnam, and Cuba. 

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