Reference no: EM132912724 , Length: word count:1500
Assessment: Analysis of Economic Data
Summary:
Analysis of Economic Data (1500 words)
Students collate and analyse recent, publicly available economic data that may impact on the conduct of a business. Such data may include unemployment statistics, consumer confidence indicators, interest rate data, etc. Students should discuss their collated data in terms of possible impacts on, and implications for, businesses, (e.g., difficulty in obtaining appropriate staff, costs of borrowing for capital investment, the need to adapt and/or adjust business models, etc.).
This task is staged in three parts, whereby students are prompted to prepare a component of the task through the semester, before submission of the final report in Week 13.
Tips:
- Select your macroeconomic data
- Analyse Your Data, and Identify Patterns and Trends
- Analyse Impacts on Business Strategy and Operation