INSTRUCTIONS

1. Make a cover page including your name, ID and section, department, School, date, and NSU
LOGO
2. Word Limit not more than 2,500 words
3. Font: Calibri (Body) and size: 12, line space 1.5
4. No PDF
5. Don’t Copy from anywhere, maintain the authenticity, if you are using any quotation, data or
any relevant information, please mention the references/sources
6. Last date of submission: 15 January, 2021, Time: 06:00 pm. ( time will be maintained strictly,
no excuses will be accepted)
7. Total marks: 30.
8. Questions : next page
Assignment Questions:

1. https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?
end=2018&locations=BD&start=2004
a. In order to analyse growth rate which one you prefer nominal GDP or real GDP,
why? What are the main factors you like to consider working behind of this
growth? 03+07

2. The COVID-19 pandemic in Bangladesh is part of the worldwide pandemic of coronavirus

disease 2019 (COVID-19) caused by severe acute respiratory syndrome
coronavirus 2 (SARS-CoV-2). The virus was confirmed to have spread
to Bangladesh in March 2020. The first three known cases were reported on 8 March
2020 by the country's epidemiology institute, IEDCR. Since then, the pandemic has
spread day by day over the whole nation and the number of affected people has
been increasing. Bangladesh is the second most affected country in South Asia,
after India. Considering the recent situation –
a. Do you think pandemic has an inverse impact on GDP growth rate, CPI (inflation),
unemployment? Explain considering Bangladesh Context and use relevant data
with reference. 07
b. What would a Keynesian and classical likely recommend in response to a
recessionary situation? When do you think the Keynesian policy is more effective
in minor recession or severe recession? 06
c. What set of macro policies, if anything, should we have conducted to achieve a
better recovery in Bangladesh? Show using the AD/AS model and explain your
reasoning. 07