University : Deakin University UniLearnO is not sponsored or endorsed by this college or university.
Subject Code : MAE203
Country : Australia
Assignment Task

MAE203 – The Global Economy

Learning Outcome:

ULO1: Understand, describe and apply key macroeconomic concepts in a global context, including the circular flow of income; national income accounting; income determination; the multiplier; economic growth; economic cycles; the role of money inflation; unemployment and exchange rates.
ULO2: Obtain, present graphically and interpret data for macroeconomic variables
ULO3: Critically analyze the role of monetary and fiscal policy in a globalized economy such as Australia’s.
ULO4: Understand the opportunities for economists in a global context

GLO1: Discipline-specific knowledge and capabilities.
GLO4: Critical thinking
GLO3: Digital literacy.
GLO5: Self-Management
GLO6: Global citizenship.

 

Assignment questions.

This assignment is based on the media release decision by the Reserve Bank of Australia to reduce the cash rate by 0.75 points. Assume you are a cadet economics journalist and you have been asked to draft three separate articles that provide readers with an analysis of the Reserve Bank decision. In your three articles address the following questions, by writing a separate article for each question.

Article 1
The statement refers to “downside risks to the global economy”. Discuss at least two of the possible risks to which you think the Reserve Bank is referring.

Article 2
The statement discusses the fact that the Australian economy grew by 1.4%. Access the expenditure side analysis of the Australian National Accounts publication from the Australian Bureau of Statistics. Australian National Accounts, which is publication catalog number 5206.0.
a) What happened to economic growth in Australia.
b) When you have accessed the Australian National Accounts, click on the “Expenditure chain volume measures” from the right-hand menu. Use the figures provided to discuss how the different sectors of the economy contributed or detracted.

Article 3
Some commentators have argued that the government should increase the “Newstart” payment for unemployed people. With the aid of an aggregate expenditure diagram, explain the impact that an increase in this transfer payment would have on the economy. In the article include your opinion and argue why you think this change should occur or not.

 

This MAE203 - Economics Assignment has been solved by our Economics experts at UniLearnO. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our experts are well trained to follow all marking rubrics & referencing style.

Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.

  • Uploaded By : Bella
  • Posted on : December 05th, 2018
  • Downloads : 304

Whatsapp Tap to ChatGet instant assistance