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ECON 2301 – Spring 2019
The Project
Global Competitiveness, A Socio-Economic Argumentative Essay
Instructor: Dr. Ibrahim Abou-Saad
Project Link:
• http://www3.weforum.org/docs/GCR2018/05FullReport/TheGlobalCompetitivenessReport2018.pdf
• Content: The Global Competitiveness Report 2018
• Publisher: The World Economic Forum
How to read the report:
• Open the above link, and download the PDF file to your computer.
• When you skim reading the report you will notice the following:
o On page number “xi” you find a summary of change in countries’’ rank for “global competitiveness index 4.0”
between 2017 and 2018
o Starting page 53 (index of countries) until page 613, the report provides a country by country profile,
alphabetically.
o In each country’s profile there exist summary profile on the first page, and then a detailed table follows.
o On the face page of every country’s profile, you notice the following important socio-economic measures:
 Performance Overview 2018 (social, environmental, and economic)
 Selected Contextual Indicators (mainly economic)
 Selected Social and environmental performance (mainly social and environmental)
The Project:
You will have to write a socio-economic essay on the factors that might promote global competitiveness rank of a
country. Only use the socio-economic measures above (the Performance Overview 2018, the Selected Contextual
Indicators, and the Selected Social and environmental performance).
Step-by-Step Instructions (Mandatory): (required to pass the project).
• Compare at least 15 countries of your choice (preferred: include both developed and developing countries).
• See if there is a trend between the change in the global competitiveness index (rank) and the socio-economic measures
for each country.
• Conduct an academic literature review on your analysis (required: at least three academic articles).
• Using your own conducted literature review, try to explain why such trends exist or do-not-exist.
• Use your analysis to see which are the most significant factors that affect country’s global competitiveness (income,
equality, macroeconomic stability, etc.).
• Compare social measures (the Selected Social and environmental performance) to economic measures (the Selected
Contextual Indicators) and see which you think is more important in promoting country’s global competitiveness rank.
• You will have to provide table(s) and/or chart(s) that show your summary of the countries you have selected. Be creative.
• Close to the end of the project, explain how your analysis depended on your understanding of the textbook’s materials
(only required topics of chapter 2 and chapter 16). Textbook: Principles of Macroeconomics, 7th edition, by Robert H.
Frank, Ben Bernanke, Kate Antonovics, and Ori Heffetz. McGraw-Hill Education, 2018.
• Minimum of 2500 words is required, excluding the abstract, titles, charts, and tables. An abstract is optional.
• In your writing, presume that the reader never took an economics class. When talking about certain definition or topic,
assume the reader have never learned about it before, therefore, do not forget to define your terms, explain them (at
least briefly), and never assume that the reader knows! For the very well-known variables such as GDP and National
Income, you may choose not to define them.

Required Format:

Strictly use the same format of one of your reviewed studies.
Important Hints:
1. Read online about how to conduct an “argumentative essay.”
2. Every research has a research problem, so start by identifying the research problem. The research problem
is telling the reader why this essay is important to read. You can use recent trends in trade to justify the
research problem, or maybe a recent change in global competitiveness that has major impacts on the
economies you are analyzing, in which your essay is imposing important analysis and significant findings.
In the very beginning of your introduction, try to get the reader attentive to your research problem.
3. You can choose your own essay’s title that relates to the rule of socio-economic measures in global
competitiveness, or simply use the title of the project as your essay’s title. The tile of the project is “Global
Competitiveness, A Socio-Economic Argumentative Essay.” If using your own topic, make your topic as
focused as possible, and avoid using broad or far-reaching topics.
4. You need to look at many published academic articles, not articles published in journals like The New York
Times, or similar journals. Then review the articles that are as close to your topic as it can get. To find the
published academic articles, use academic search engines such as:
https://scholar.google.com/
https://www.jstor.org/
5. Use the structure of the citation exactly matching the paper or journal you chosen to follow its format. For
example, either “Sam et al., 2000” or “Sam, David, and Tom, 2000”, or any other known academic citation
used in social sciences.
6. Do not use strong claims without proper citation, even if it makes a lot of logic to you.
7. Do not claim accuracy of a statement or an idea simply because it was mentioned, or even proven, by the
literature.
8. Do not forget about the rules of assumptions, where you can observe concepts varying when changing the
model assumptions.
9. Do not ever forget to quote in bold text when you retype a statement from of a reference. For example;
Sam et el., 2000 define this word as “social and behavioral aspect of any topic.” As you see, the statement
is quoted in bold text.
10. You have to use the rule of macroeconomics by analyzing the total trade of all goods and services between
the economies.
11. You do not have to use the most recent data or articles, but try to relate your work to more recent events
using your competence of understanding what promotes trade, and if trade promotes income (real GDP).
12. Make sure to use clear wordings, avoid syntax errors, and use correct punctuations.
13. Do not retype same statement over and over again in different structures.
14. Revise your work more than one time, as many times as possible. You will always see something to adjust
every time you revise your work. This is a continuous process in practical research, and the more revising
you do, the better the work you will produced.
15. Draw an outline in the beginning, and end up with a draft before typing the project.
16. Use prime times of the day to work in your essay.
17. It is good to have subtitles in your essay.
18. While working on the project, avoid printing/considering the whole report. Only print/consider required
pages. For example, only print the individual front profile pages for the selected countries (one front-page
for each country).
19. Read the grading rubrics to know how your project will be evaluated. Maximum points for the project equal
100 points.
Specific Objective(s):
• Read online about how to conduct an “argumentative essay.”
• Analyze a narrowed topic related to “the rule of socio-economic measures in global competitiveness.”
• Collect references of at least three published academic studies on the topic.
• Identify the main argument(s) of the essay.
• Discuss whether the argument(s) being the same and/or different among the collected literature.
• Recognize the rule of assumptions in modeling and argumentative perceptions.
• Discuss how the argument(s) may change under different assumptions/environments.
• Use the learning for Chapters 2 and 16 to analyze global competitiveness indicators.
Foundational Component Area (FCA):
• “Social & Behavioral Sciences” – ECON 2301 – Macroeconomics
Core Objective(s):
• Critical Thinking (CTH) – This is a sub-objective of the Intellectual and Practical Objective – Critical thinking is a



habit of mind characterized by the comprehensive exploration of issues, ideas, artifacts, and events before accepting or
formulating an opinion or conclusion.
Definition Source: https://www.aacu.org/value/rubrics/critical-thinking
Written Communication (WRC) – This is a sub-objective of the Intellectual and Practical Objective – Written
communication is the development and expression of ideas in writing. Written communication involves learning to work
in many genres and styles. It can involve working with many different writing technologies, and mixing texts, data, and
images. Written communication abilities develop through iterative experiences across the curriculum.
Definition Source: https://www.aacu.org/value/rubrics/written-communication
Quantitative Literacy (QL) – This is a sub-objective of the Intellectual and Practical Objective – also known as
Numeracy or Quantitative Reasoning (QR) – is a “habit of mind,” competency, and comfort in working with numerical
data. Individuals with strong QL skills possess the ability to reason and solve quantitative problems from a wide array of
authentic contexts and everyday life situations. They understand and can create sophisticated arguments supported by
quantitative evidence and they can clearly communicate those arguments in a variety of formats (using words, tables,
graphs, mathematical equations, etc., as appropriate).
Definition Source: https://www.aacu.org/value/rubrics/quantitative-literacy
Intercultural Knowledge and Competence (IKC) – This is a sub-objective of the Social Responsibility Objective
– Intercultural Knowledge and Competence is “a set of cognitive, affective, and behavioral skills and characteristics that
support effective and appropriate interaction in a variety of cultural contexts.” (Bennett, J. M. 2008. Transformative
training: Designing programs for culture learning. In Contemporary leadership and intercultural competence:
Understanding and utilizing cultural diversity to build successful organizations, ed. M. A. Moodian, 95-110. Thousand
Oaks, CA: Sage.)
Definition Source: https://www.aacu.org/value/rubrics/intercultural-knowledge

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