Economic situation - ae model, ad - as model, Microeconomics

"Describe the current Australian economic situation and support your claims with relevant economic indicators and variables.  The RBA has maintained the cash rate of 4.75% for the last 4 months; why could this be a reasonable response given the issues and prospects facing the Australian economy?"

Your Approach should address the following:

- Outline the current economic environment in Australia (inflation, employment, interest rates, etc)

- Briefly outline the key factors (both domestically and abroad) that are influencing the Reserve Bank to maintain the interest rates. 

- Using an economic framework to demonstrate and explain the situation

In order to encourage you to take interests in the current affairs in business, and have more concerns about the real world problems (which is what economics is about), you are required to write a three (3) to four (4) pages report (including diagrams) to analyse and answer the assignment question discussing the relevant points on the current macroeconomics environment.  You will apply relevant frameworks / models (AE Model, AD / AS Model) to explain and analyse the macro-economic environment and comment on the current government policies.  

Posted Date: 3/7/2013 4:13:58 AM | Location : United States







Related Discussions:- Economic situation - ae model, ad - as model, Assignment Help, Ask Question on Economic situation - ae model, ad - as model, Get Answer, Expert's Help, Economic situation - ae model, ad - as model Discussions

Write discussion on Economic situation - ae model, ad - as model
Your posts are moderated
Related Questions
what is the significance of the Loucas critique in political economy?

The elasticity coefficient is a number measured using price and quantity data to verify how responsive consumers are to changes in the price of a commodity.  The elasticity coeffic

Q. Define Economies of Scale? Economies of Scale: Most economic production requires producing firm or organization to make an initial investment (in real capital, in design and

The prevention of major swings in economic activity can be handled most easily by the: A. Household sector B. business sector C. financial sector D. government sector why?

if you were making the pricing decision for the gasoline company, would you cut, raise or leae the price unchanged

explain stages and various coordination mechanism involved in policy process


1. An investment in flood control infrastructure  today will generate $1,000,000 in benefits 10 years from today. Using a 3% discount rate what is the present value of these benefi

elasticity of demand

Chapter 13 / PERFECT COMPETITION and THE SUPPLY CURVE 1. Joe Brown’s dairy operates in a perfectly competitive marketplace. Joe’s machinery costs $500 per day and is the only fixe