Indholdsfortegnelse
Assignment 1
A
With your starting point in appendix 1 and applying appropriate calculations, account for the development of the French population.

B
Account for the concept of the factors of production with a special focus on labour.
Include a brief explanation of the policies avalilable to a government in order to influence the quality as well as the quantity of labour.

Assignment 2
A
With your starting point in appendix 4, analyse the expected development in the French economy in 2022.

B
Including all relevant appendices, discuss the policies adopted by the French government after the on-set of the Covid-19 crisis in 2020. Also assess the succes of the policies.

Assignment 3

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Uddrag
A
With your starting point in appendix 1 and applying appropriate calculations, account for the development of the French population.

When looking at the population of France over the past 30 years, a steady increase in size is seen. From 2010 to 2020 the French population has grown relatively similarly with a slight increase in population size every year.

B
Account for the concept of the factors of production with a special focus on labour.
Include a brief explanation of the policies avalilable to a government in order to influence the quality as well as the quantity of labour.

The resources people use to produce goods and services are factors of production. They are the foundation of the economy.

Factors of production are categorized by land, labor, capital, and entrepreneurship. Labor consists of the people that are able to contribute to production and the goods and services that can be made and purchased.

Examples of this could be teachers, waiters, doctors etc. The people who are able to work but are unemployed are still considered to be a part of this factor.

Moreover, it is important that a labor force is well educated and trained such that they can reach peak efficiency and quality.

To achieve this the government can implement and carry out different policies. An example would include supply side polices.

The purpose of supply side policy is to increase productivity and shift long-run aggregate supply to the right.

When improving the quality and quantity of labor an interventionist supply side policy approach would be ideal.

This includes investing in and improving education. This is also done by funding schools and/or universities. Another interventionist supply side policy would be vocational training.

The government can make schemes to ensure new skills for workers who has lost jobs or have a hard time finding jobs. These policies are also called mobility-promoting measures.

Thereby, the government is able to influence the quality and quantity of labor. In this way, it is also possible to improve structural competitiveness.

Moreover, it is also important to mention the labor market policies – which are also related to the policies mentioned already.

The demand for labor can be influenced by wage subsidies for companies and employment projects.

To influence the supply of labor it would be necessary to change working hours, create schemes, change early retirement scheme, and change marginal tax.

Assignment 2
A
With your starting point in appendix 4, analyse the expected development in the
French economy in 2022. Identify challenges and/or weaknesses of the economic situation in France.

The French GDP saw a negative growth rate in 2020 with a decline of -8 percent, caused by the covid-19 pandemic.

The French GDP was able to bounce back in 2021 with a positive growth rate of 6.8 percent. In 2022 is it expected that the French economy will see another positive increase in GDP with a growth rate of 4.2 percent.

Appendix 4 implies that the French economy is in recovery and will see satisfactory growth rates in the near future.