The UAE economy

  1. Describe the GCC economies and their role in the global economies up to the current time.
  2. Describe OPEC and its role within the global oil market.
  3. Analyze the output and reserves of the oil and gas industries of the UAE, and its adherence to OPEC stimulated production quotas.

Topic 2:  Analyze patterns of economic activity in the UAE from an oil based economy to development of the non-oil sector. 

  1. Analyze and discuss economic development and patterns over the last decade
  2. Analyze external factors and assess them in terms of risk on the economy
  3. Analyze and describe the development of the various economic sectors of the UAE since the formation of the federal state.

Topic 3:  Evaluate the role of the non-oil sectors on the UAE economy

  1. Analyze and describe the impact of the non-oil sector on the UAE economy
  2. Analyze and describe the contribution of free trade and industrial zones to the economic development of the UAE to date
  3. Analyze and describe the benefits to investors and multinational organizations by establishing businesses within free trade zones in the UAE
  4. Analyze and describe the process and extent of growth and diversification in the construction, tourism, transportation, telecommunication and financial services industries.
  5. Evaluate the role of the financial sector in funding investments and providing trade and consumer credit to the non-oil sector
  6. Analyze the impact of the real estate sector

Topic 4: Evaluate the impact of the labor force in the development of the UAE economy 

  1. Analyze and describe the changing role and contribution of expatriates to the UAE economy over the past decade and evaluate the impact of recent changes in the structure of the UAE workforce

Topic 5:  Evaluate future plans and strategies for UAE economic development                

  1. Evaluate the role of oil in the future of the UAE economy
  2. Evaluate the role of the non-oil sector in the future of the UAE economy
  3. Compare currently established free trade and industrial zones in the UAE and their various strategies for growth
  4. Evaluate the impact of opportunities for privatization in the UAE economy
  5. Evaluate the potential role of the stock exchange within the UAE and its effect on the UAE’s regional and international role
  6. Evaluate the economic costs and benefits of the UAE’s increased participation in regional and global organizations such as the Gulf Cooperation Council (GCC) and the World Trade Organization (WTO)

Topic 6:  Evaluate the role of e-commerce and e-government in the economy of the UAE             

  1. Analyze and describe the latest trends in the development of e-government and e-commerce in the UAE
  2. Evaluate the impact these developments will have on the future of the UAE economy.

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