A study of macroeconomic factors and indexes

(In context of Japanese economy)

By Group :-
1) Yog Prashant Kaushik
2) Jayanta Majumder
3) Amit Kumar Singh
4) Abhisek Bhowmik
5) Drishti Poddar
 Proposal of macroeconomics project

Japan’s economy is third largest in the world as per nominal GDP and 4th largest by purchasing
power parity.

Japan has a nominal GDP of 540 trillion. GDP growth rate was 0.1% in last quarter. The target set by
Japanese government is to increase the overall GDP up to 600 trillion dollars and achieving a growth
rate of 2.2% yearly.

The historical data of Japanese GDP is collected in this report. The rising and downfall of GDP are
identified and along with the macroeconomic factors responsible for those.

The main challenges of Japan’s macroeconomic growth are discussed in this report in current
context.

The next thing this study is going to cover is the Unemployment and wage growth rates of Japan. On
last December 2017 Japan has an unemployment rate of 2.8%. The job to applicant ratio was 1.59
which affecting the growth rate of Japanese economy.

Japan’s production per hour is less than other developed economy. Which is also affecting the GDP
as the workforce is shrinking.

Japan’s deflation rate is another factor that is slowing down its economy. The inflation rate was 1.4%
in January and the overall inflation growth was slowing down.

This study will discuss interrelation among various macroeconomic indexes’ in the context of
Japanese economy. The macroeconomic factors that are controlling the economy will be identified
and will be discussed by establishing relationships. The present challenges and future opportunities
and risks will be highlighted throughout the study. Relevant data, charts, graphs will be presented to
explain.
 Table of contents

1. GDP of last 20 years: - graphical and data representation.

2. GDP growth rate of the economy
3. Factors affecting GDP
4. Unemployment rate representation by graphs and data
5. Wage rate
6. Current challenges of work force
7. Production rate
8. Comparison of production rate with other developed economy
9. Challenges of production
10. Inflation rate
11. Factors affecting inflation
12. Inter relations among GDP, unemployment rate and inflation.