Evaluate the macroeconomic performance of australia

Reference no: EM131822376 , Length: word count:2500

Critical Review

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

Topic: Evaluation of Macroeconomic performance of Australia.

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

Procedures:

(1) Obtain annual data on key macroeconomic indicators: real GDP growth, interest rate (cash rate), unemployment rate, inflation rate, exchange rate, and net exports (NX).

(2) Critically analyse tables of statistical summaries and graphs of the information obtained in (1) to answer the following question:
(a) Discuss the relationship between real GDP growth and each of the other five indicators. Provide plausible economic explanations, including the impact of monetary policy and fiscal policy.
(b) Discuss the relationship between inflation and unemployment rates. Provide plausible economic explanations, including the impact of monetary policy and fiscal policy.
(c) In which decade has monetary policy been tighter? Explain in detail.
(d) Write a short prediction of Australia's macroeconomic outlook for the next 2 years. Is Australia likely to experience a recession or an expansion?

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 may be used, but relevance 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 sub-headings, 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.

Data should be from 1989 as there is mention from 1990.

References APA

Reference no: EM131822376

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Reviews

len1822376

1/19/2018 2:12:16 AM

Only ONE COPY of the research work from each group is required to be submitted. 4.6 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. Title page, executive summary, table of contents, appropriate headings and sub-headings,

len1822376

1/19/2018 2:11:55 AM

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. 4.2 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. 4.3 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. • 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.

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