Topic - evaluation of macroeconomic performance of australia

Assignment Help Microeconomics
Reference no: EM131501104 , Length: word count:2500

ECONOMICS Paired-Assignment

Purpose: To enable students to research, critically analyse and evaluate the macroeconomic performance of Australia. This assessment contributes to Learning Outcomes.

Topic: Evaluation of Macroeconomic performance of Australia.

Task Details: Students will complete a research-based analysis and evaluation of the macroeconomic performance of Australia from 1990 to 2015/16.

Students will follow the following procedure -

Obtain data on key macroeconomic indicators: real GDP, interest rates, unemployment rate, CPI and inflation rate, exchange rate, exports and imports.

Produce summary statistics (in tabular form) of real GDP growth rates, inflation rates, unemployment rates, exchange rates, real interest rates and the rate of change of net exports (NX) and briefly comment on each variable.

Produce pair-wise graphs of real GDP growth rates, inflation rates, unemployment rates, exchange rates, real interest rates and the rate of change of net exports (NX).

Use the information obtained in (2.2) and (2.3) above to answer the following questions:

  • Critically analyse and discuss plausible economic explanations, including the role of government policy (fiscal or monetary), for the salient relationships between real GDP growth and other indicators.
  • Based on your summary statistics, graphs and analysis and discussion above, write a short prediction of the macroeconomic outlook of Australia. Is Australia likely to experience a recession or expansion soon?

Research requirements, presentation and source of data -

Research requirements: Students need to support their analysis with a minimum of 10 academic journal articles plus the text. Students aiming for a Credit or higher grade will need to use more sources. Articles should be relevant and recent. Non-academic journal sources may also be used, but relevant and validity should be clarified with the lecturer/tutor.

Presentation: Report format - 2500 words report - in Word.doc or .docx format Title page, executive summary, table of contents, appropriate headings and subheadings, recommendations/findings/conclusions, in-text referencing and reference list (Harvard - Anglia style), attachments if relevant. Single spaced, font Times New Roman 12pt, Calibri 11pt or Arial 10pt.

Source of Data: Data may be obtained many credible sources, including: (1) abs.gov.au; (2) rba.gov.au; (3) imf.org.

Verified Expert

The solution is of total 2500 words and is being done by using the Harvard referencing style. The solution contains graphs, statistics, figures & other important information pertaining to the macroeconomic conditions and factors of the country of Australia.

Reference no: EM131501104

Questions Cloud

What is the estimated beta coefficient of your company : What is the estimated beta coefficient of your company? What does this beta mean in terms of your choice to include this company in your overall portfolio?
Per hour in a large costco parking : Car security alarms go off at a mean rate of 2.9 per hour in a large Costco parking lot.
Integrating quantitative and qualitative data : Research methods such as qualitative and quantitative are the tools that researchers use while they investigate their topics or study (Almalki, 2016).
About the making loans and taking deposits : What is there about “making loans and taking deposits” that makes bank runs possible at almost any time without government back-up?
Topic - evaluation of macroeconomic performance of australia : BUS700 ECONOMICS Paired-Assignment. Topic: Evaluation of Macroeconomic performance of Australia. Complete a research-based analysis and evaluation of the macroeconomic performance of Australia
Depreciation expense and inventories : How many of the following items are found on the income statement, rather than the balance sheet? Depreciation expense, Inventories
Describe the nature and specifications of the project : Describe the nature and specifications of the project in one to two pages. Identify every area of expertise you need on the acquisition team.
Normally distributed random variable : Find the probability that X is between 70 and 110. (Round your answer to the nearest whole number percent and include the percent symbol.)
Use the db method to calculate the book value : Use the DB method to calculate the book value (BV) at the end of year six when R = 2/N (200% DB method).

Reviews

len1501104

5/19/2017 1:59:47 AM

Subject: Microeconomics. No Of Pages/Words: 2500. I desire a quality assignment as I need to score high. This assignment is paired-assignment and students must form a pair (2 people) for the assignment. One person or more than two-people assignment will not be accepted, unless permission is granted by lecturer for special circumstances. Names and ID numbers of students in the group must be clearly printed on the Assignment Cover Sheet. A member, who has not contributed to the discussion and assignment, must be marked as “Not contributed” in a bracket following the student’s name and ID. You must follow an appropriate format explained below. Not following appropriate format will cause a loss of some marks. All analytical contents must be clearly typed and printed. Hand-written report will NOT be accepted.

len1501104

5/19/2017 1:59:42 AM

Report format – 2500 words report – in Word.doc or .docx format Title page, executive summary, table of contents, appropriate headings and subheadings, recommendations/findings/conclusions, in-text referencing and reference list (Harvard – Anglia style), attachments if relevant. Single spaced, font Times New Roman 12pt, Calibri 11pt or Arial 10pt.

len1501104

5/19/2017 1:59:36 AM

Appropriate heading or sub-title of each section must be typed and used. You must analyse, explain and show how and why you draw your conclusion. You must also draw and include appropriate and relevant graphs and tables together in your explanation. Draw them using Microsoft Power Point/Word/Excel, NOT hand drawn. Only ONE COPY of the research work from each group is required to be submitted. Make sure that the two of you in your group discuss and work together, read and check everything in the research paper before submission, once completed.

Write a Review

 

Microeconomics Questions & Answers

  Concept of opportunity cost to value inputs

Provide a philosophical critique of the concept of ‘opportunity cost' to value inputs and outputs associated with large electricity infrastructure projects

  Calculate the new supply of dollars at each exchange rate

Calculate the new supply of dollars at each exchange rate and graph the new supply curve. What is the new equilibrium exchange rate, given the original demand for dollars?

  How would you determine which were important

What factors might these types of stores have in common behind their declines? How would you determine which were important and which were not?

  What happens to the slope as salary increases

What is the average slope of the curve between the points for John's and Susan's salaries and taxes using the arc method? How would you interpret that value for slope?

  Identify which two concepts you are analyzing

Convince us you have attended and read all applicable material. Clearly identify which 2 concepts you are analyzing, and also include a link to the article you are responding to.

  Local performers are gradually loosing in the competition

Local performers are gradually loosing in the competition with recognized international bands, and Serida’s income decreases to $50 while prices are the same as before. What is the equation of this new budget line? How does it compare to the budget l..

  Identifying and describing the conditions observed

Identifying and describing the conditions observed for a business in Monopolistic Competition or a Differentiated Oligopoly who differentiates their product. I am wanting my paper to  also provide brief market analysis including the state of t..

  Calculate the profit-maximizing quantity and price

A medical device company has a monopoly on a certain class of cardiac implants. Demand for the implants is given by P=28000-5Q and marginal revenue is given by MR=28000-10Q. The total fixed costs for the implants division is 50000 and the marginal co..

  Opportunity cost analysis-career objective

We make choices as consumers every day. Opportunity cost is defined as a person's "next best alternative" or "the cost of what you give up when you make a choice."

  What factors affect the fuel efficiency of cars

To what extent would increased government involvement with regard to fuel efficiency affect the behavior of manufacturers · To what extent would increased government involvement with regard to safety affect the behavior of manufacturer · ..

  How will it affect horizontal and vertical equities

Is a tax deduction for tuition likely to increase college enrollments? How will it affect horizontal and vertical equities?

  What is the underground economy

What is the Underground Economy? What effect, if any, does the Underground Economy have on the entire economy? Is it positive, negative, or has no effect?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd