Geography of the middle east

Econometrics project
June 11, 2020
The world of christianity and Islam
June 11, 2020

Geography of the middle east

Geography of the middle east
Order Description
Step 1. Access the CIA World Factbook at:

https://www.cia.gov/library/publications/the-world-factbook/index.html

Step 2. Using the menu “Please select a country to view,” compute the total population in 2015 (or the available year) and the total Gross Domestic Product (GDP, official exchange rate, in US dollar) in 2015 (or the available year) of the EIGHT OPEC members that are INCLUDED in the Middle East region as DEFINED in this course (see PowerPoint slide 65). Divide the total GDP (official exchange rate in US$) of the eight OPEC countries by their total population to obtain the GDP per capita of the eight OPEC countries in $US.

Step 3. Using the menu “Please select a country to view,” compute the total population in 2015 (or the available year) and the total Gross Domestic Product (GDP, official exchange rate, in US dollar) in 2015 (or the available year) of the G7 countries or Group of Seven (United States, Japan, Germany, France, United Kingdom, Italy, and Canada). Divide the total GDP (official exchange rate in US$) of the G7 countries by their total population to obtain the GDP per capita of the G7 countries in $US.

Step 4. Read carefully PowerPoint slides 67-73 and the OPEC brochure “Who Gets What From Imported Oil?” at

https://www.opec.org/opec_web/static_files_project/media/downloads/publications/Who_Gets_What_(2014_September).pdf

Based exclusively on the EXACT six figures (no approximate figures, no rounded numbers, and no tables or list of figures, please!) you computed YOURSELF in steps 2 and 3 (total population, total GDPs, and GDP per capita for both the G7 countries and the eight Middle East OPEC countries) and based on the information and figures you learned from PowerPoint slides 67-73 and from the OPEC brochure in step 4, write a concise essay (250-350 words) in which (1) you summarize your learning about the misconceptions surrounding the issue of who gets what from oil revenues and (2) you discuss the image (perception) versus the reality (fact) of the comparative wealth of the G7 countries and the eight Middle East OPEC members. Homework 2 is worth 12 points (12 percent of your final grade). Sources for homework assignments MUST be cited briefly and ONLY between parentheses in the text so I can verify them quickly while grading and writing feedback.