Using the EB-IB model, you are required to perform the following two jobs: 1. Positioning the macro-economy of Vietnam (end) in 2020.

MACROECONOMICS Exercise 4 EB-IB and Vietnamese models Using the EB-IB model, you are required to perform the following two jobs: 1. Positioning the macro-economy of Vietnam (end) in 2020. 2. Combined with Vietnam’s macroeconomic targets for 2021, make recommendations Stabilization policy according to theory. 3. In fact, policymakers and economic operators can combine these Policy completely different from proposed theory (in sentence 2). They are often based on these specific constraints of the economy. What policy combinations do you think they could be? In Why do they do that? Implications and consequences of major choices What could this book be? Hints: You are asked to use your general knowledge of macroeconomics, vie- data files key-indicators-2020.xlsx and current economic information Specific requirements Student assignments should contain the following details: 1. Brief introduction of the EB-IB model (This content groups themselves summarize and write down – do not copy from the lesson) 2. Positioning the macro-economy of the Vietnamese economy in 2020 • Data and data analysis from key indicators including data and calculation results • Presenting the results of real exchange rate calculation [including the result of changes in the original year (if any); How much is the high / low priced local currency? in%? • Good surveys / and calculation results of GDP growth are generally intended potential GDP level. • Other supporting indicators to position the macro-economic position in 2020 • Proposed stabilization policy according to theory. Explain why these policies are possible help bring the economy to the ideal balance. 3. Constraints and theoretical policy enforcement constraints • Describe what past and current policy implementation might make policy difficult in theory. 4. Group policy recommendations • Explain why the group chose a solution that is different from their theory and expected results What are these solutions? Shows the trend of movement on the EB-IB pattern. • Back for more clarification on question 3 of the group exercise: “In fact, policymakers and economic executives can combine policies that are completely different from proposed theory (in question 2). They often base on specific constraints of the economy. What policy combinations do you think they could be? Why would they do that? What could be the implications and consequences of these policy options? ” Note: • Model drawings must be made by members of the group • Tables of data and calculation results are included in the appendix • Record references clearly and professionally Here are some good read regarding the case: https://drive.google.com/drive/folders/1DqJflee_gcFuNokC1DAbHzSxh-tlp5xf?usp=sharing Course Textbook: N. Gregory Mankiw,Macroeconomics. Worth Publishers, TenthEdition, 2019. (Mankiw 2019). David A. Moss,A Concise Guide to Macroeconomics –What Managers, Executives, andStudents Need to Know. Harvard Business School Press, 2014. Second Edition. (Moss 2014). http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/ctryprem.html