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

Assignment Help:

"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.  


Related Discussions:- Economic situation - ae model, ad - as model

Homework, There are six potential customers of computer games, each willing...

There are six potential customers of computer games, each willing to buy only one game Consumer 1 is willing to pay $40, Consumer 2 is willing to pay $35, consumer 3 is willing to

Key elements in micro enviroment, what are key elements in micro enviroment...

what are key elements in micro enviroment of red bull

Student, what are the sources of monopoly power

what are the sources of monopoly power

Secondhand smoke globally kills more than 600, Secondhand smoke globally ki...

Secondhand smoke globally kills more than 600,000 people each year, accounting for 1 percent of all deaths worldwide, according to a new study. . . . Researchers estimated th

Increase probability or increase winnings, Would a risk loving person prefe...

Would a risk loving person prefer an increase in the chance of winning the lottery by 20% or an increase in the jackpot of 20%

Bank for international settlements, Bank for International Settlements: An ...

Bank for International Settlements: An international financial regulatory organization based in Switzerland, Bernethat designs international regulations regarding capital adequacy

Elastic and inelastic demand, Elastic and Inelastic Demand can be understoo...

Elastic and Inelastic Demand can be understood as follows: Slope and elasticity of demand have an inverse relationship between them. When slope is high elasticity of demand bec

Production functions, suppose a firm''s total revenue depends on the amount...

suppose a firm''s total revenue depends on the amount produced (q) according to the function R= 70q-q2 total cost dependson q: C=q2+30q-q2

Supply and demand, Suppose scientists discover that eating soybeans prevent...

Suppose scientists discover that eating soybeans prevents cancer and heart disease

Write Your Message!

Captcha
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