Islamic Banking and Finance Organization for Islamic Cooperation

Islamic Banking and Finance Organization for Islamic Cooperation Discussion

Topics: Effects of interest rate on major macroeconomic variables in Organization for Islamic Cooperation (OIC) countries (Note: draw curve for all and give explanation)

1. Interest rate (Central bank interest rate and market interest rate) and show the difference

2. Real GDP (r, y)

3. Unemployment rate (r, UR)

 4. Inflation rate (r, inflation rate)

5. Investment spending (r, I)

 6. Draw one graph and show interest rate on the vertical axis and UR on the horizontal axis for any 10 OIC countries.

7. Summary of findings and conclusion

Data for last 20+ years

Show the effects of market interest rate on the above variables by scattered diagram, and show the relationship by graph between:

1. Interest rate and real GDP

2. Interest rate and UR

3. Interest rate and Inflation rate

4. Interest rate and investment spending

https://en.wikipedia.org/wiki/List_of_countries_by_central_bank_interest_rates https://en.wikipedia.org/wiki/List_of_countries_by_unemployment_rate https://en.wikipedia.org/wiki/List_of_countries_by_inflation_rate https://en.wikipedia.org/wiki/List_of_countries_by_research_and_development_spending https://en.wikipedia.org/wiki/List_of_countries_by_current_account_balance_as_a_percentage_of_GDP