MACROECONOMICS 1 (ECON1246 ECON1273)
Assessment 2
The Task
An individual assignment that will cover a comparison of the performance of the Australian and Chinese economies in recent years. It will include a conclusion comprising a brief analysis for an international business enterprise. You are to complete it in a report format.
The Report
Part A Australian and Chinese business cycle.
1. Complete the table / data for both Australia and China and include this as an attachment to your report. Answers must be accurate to two decimal places.
2. What phase of the business cycle was the Australian economy in over the period 2018 to 2019? Briefly explain.
What contribution did the following components of Aggregate Demand; Consumption spending, Investment spending and Net exports make to the cycle over this period?
3. What phase of the business cycle was the Chinese economy in over the period 2018 to 2019? Briefly explain.
What contribution did the following components of Aggregate Demand; Consumption spending, Investment spending and Net exports make to the cycle over this period?
MACROECONOMICS 1 (ECON1246 ECON1273)
Assessment 2
Part A Australian and Chinese business cycle.
1. Complete the table / data for both Australia and China and include this as an attachment to your report. Answers must be accurate to two decimal places.
2. What phase of the business cycle was the Australian economy in over the period 2018 to 2019? Briefly explain.
What contribution did the following components of Aggregate Demand; Consumption spending, Investment spending and Net exports make to the cycle over this period?
3. What phase of the business cycle was the Chinese economy in over the period 2018 to 2019? Briefly explain.
What contribution did the following components of Aggregate Demand; Consumption spending, Investment spending and Net exports make to the cycle over this period?
Answer: