Highlights
Task:
The Task
An individual assignment that will cover the performance of the economies of Australia and China in recent years with a focus on Australia. It will include the impact of COVID_19 on the Chinese economy in 2020 and the impact this may have on the Australian economy. You are to complete it in a report format.
It will assess the following topics and learning outcomes 1 to 8.
? GDP and the business cycle – Topic 3
? Aggregate Demand / Aggregate Supply – The Product Market – Topic 4
? Inflation – Topic 5
? Unemployment and the Labour Force – Topic 6
? Exchange rate market – Topic 7
Your Report is to take the following format
In this AT2 Part1 submit 1. Contents page; 2. Part A Introduction and 3. Part B Unemployment and inflation in Australia in 2019.
In AT2 Part 2 submit 1. Contents page, 4. Part C China’s economy in 2020 and 5. Part D: Analysis and conclusion.
________________________________________________________________________
Instructions
This assessment contributes 40% of the overall marks for the course.
Only a single attempt of submission is permitted. Please ensure to attach the final version of the assessment.
? Attach your report to the Assessment cover page. Do not write the questions or attach this page to your submission. The cover sheet is in the Assignment folder. Submit using either word or PDF format. The font size has to be at least 11.
? Explain your answers, but be succinct (brief and relevant). Label each axis and explain the diagram that you use carefully. Show all of your working in order to get partial credits.
? After the due date any late submission will be marked as ‘late’. A penalty of 10% of the allocated marks (i.e., 2 marks) per day will apply for late submissions.
? Referencing and Acknowledgement of sources.
Students are required to acknowledge all sources of information and to include a contents page and bibliography of cited texts. For guidelines on referencing, see a document on Canvas (Assignments |
Assessment Task 2: titled, “Guidelines for Referencing.”
1. Contents page
2. Part A Introduction
The economy of Australia and China and the business cycle.
3. PART B Unemployment and Inflation in Australia in 2019.
4. PART C China’s economy in 2020 post COVID_19.
5. Part D: Analysis and conclusion – the impact of economic growth of the Chinese economy on the economy of Australia.
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