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Economic Growth and Economic Theory Model

Identify the types of policy available to the Fiji government to promote economic growth. For each policy, you identify, describe how the policy is expected to work and list its costs. Use the appropriate graph and economic growth theory to explain your answer. (Hint: You must read the Harrod-Domar model, Solow model, and new approach to growth before you attempt to answer the question. Your essay should clearly discuss these three-growth model, its policy prescription, and limitations. Then you should apply the knowledge of these growth models to your country context.)

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Note: Assignment should be written in the essay form. You should use data to describe the background of your country. What is the current growth trend and GDP per capita? What is the current status of key determinants of economic growth in your country?

Do not discuss anything about monetary and fiscal policy

The introduction is clear, thorough, focused and engaging

Evidence and data gathered are relevant, academically robust and Secondary comprehensive

All sources are critically assessed. Gaps in the data and literature are clearly identified

The report is well structured, with an effective and engaging narrative


All charts/tables are appropriate, correctly drawn and formatted

Full and accurate interpretation of data

Effective synthesis of the findings in relation to the relevant literature

The effective and articulated writing style

Discussion of policy implications effectively builds on the findings

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