Evaluation of macroeconomic performance of australia and usa

Assignment Help Macroeconomics
Reference no: EM131209049 , Length: word count:2500

Team Research Purpose: To allow students to research and critically analyse an evaluate the macroeconomic performance of an economy.

Topic: Analysis and evaluation of Macroeconomic performance of Australia and USA.

Task Details: Each student will complete a research-based analysis and evaluation of the macroeconomic performance of Australia and the United States of America (USA) from 1990 to 2015. Students will follow the following procedure:

(1) Obtain data on key macroeconomic indicators: real GDP, interest rates, unemployment rate, CPI, exchange rate, exports and imports (NX) [Note: All raw data are to be presented in Appendix only].

(2) Produce graphs and tables of summary statistics of real GDP growth rates, inflation rates, unemployment rates, exchange rates, interest rates and the growth rate of NX. [Note: Downloaded graphs are not acceptable]

(3) Use the information obtained in (1) and (2) above to answer the following question:

(a) How is real GDP growth related to the other indicators in Australia and the USA? Explain.

(b) Briefly comment on the correlation between interest rate and inflation and interest rate and unemployment?

(c) Are the macroeconomic indicators in Australia and the United States correlated? Explain.

(d) In which country has monetary policy been tighter in the past decade? Critically Explain.

(e) Write a short prediction of the macroeconomic outlook each country. Which of the two countries, Australia or USA, is more likely to experience a recession or expansion soon? Critically explain.

Reference no: EM131209049

Questions Cloud

Current examples of workplace safety issues : This assignment asks you to locate and share current examples of workplace safety issues. Go to a recognized business or government periodical or website and provide a summary of a current (no more than 1 year old) issue dealing with workplace saf..
Explain how will you overcome the given barrier : Explain how will you overcome this barrier? Remember to cite and reference any information (paraphrased or quoted) taken from your textbook in appropriate APA format.
What ways are the products sold by milk bars similar : During a five year period the ticket prices of a city professional soccer club have increased by 30% while at the same time average ticket sales have risen by 50%.Does this change imply an upward sloping demand curve or is there a simpler explanat..
Draw a block diagram of a circuit that will interface : In other words, a signal on INT1 is to be able to interrupt the CPU even when the CPU is currently handling an interrupt generated by INT0, but not vice versa.
Evaluation of macroeconomic performance of australia and usa : Topic: Analysis and evaluation of Macroeconomic performance of Australia and USA. Obtain data on key macroeconomic indicators: real GDP, interest rates, unemployment rate, CPI, exchange rate, exports and imports
How many bytes/s can be read from a 2-cm-wide tape : Suppose a particular magnetic tape can be formatted with eight tracks per centimeter of tape width. The recording density is 200 bits/cm, and the transport mechanism moves the tape past the read heads at a velocity of 25 cm/s. How many bytes/s can..
How many bits are required for the memory data register : How many bits are required for the memory data register?
How many control lines do you need if a bus is used : How many control lines do you need to connect each register to all other registers?
Make a t flip-flop from this flip-flop : Assume that there is a flip-flop with the characteristic given in Figure P14.13, where A and B are the inputs to the flip-flop and Q is the next state output. Using necessary logic gates, make a T flip-flop from this flip-flop.v

Reviews

len1209049

9/16/2016 6:29:24 AM

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 identified with the lecturer/tutor. Report format - 2500 + 10% Word report – Word .doc or .docx 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 Sources Students may obtain data from any reputable source, including: 1. rba.org.au 2. imf.org.au 3. http://data.worldbank.org/products/wdi.

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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