Principles of Economics Australia’s Southern States Case Study Economics Assignment Help

Assignment Task


Use of Resources
You are required to use a range of legal resources including Textbooks, Journal Articles, Online Legal Resources; as supporting evidence for the arguments, analysis, and discussion of the assignment question.
Submission
Submissions must be uploaded online on Moodle via the Turnitin Drop Box. Also, email a copy of your Assessment to your Lecturer Dr. Syed Hassan, Email: syed.hassan@lyons.edu.au. The completed assignment must be submitted during Week 13 of the semester.
Feedback on Assignment
Feedback and marks will be provided within two weeks of submission
IMPORTANT NOTES:
Assignment must be submitted with a Cover Sheet, that includes your Name, Student ID, Date, Unit Code, and Unit Name.
This is a research assignment. Students should accordingly commence their research into the assignment topic. Students must use texts, scholarly articles and reputable online resources for their research, and these items, together with relevant cases and legislation, should be referred to in the assignment. Students are required to ‘go beyond’ the Prescribed Textbook and to use additional Library resources to support their answers.
The assignment must be of 2,000 - 3,000 words in length excluding references / footnotes.
The assignment must be typed or printed only on A4 paper [or Word Document] with 1.5 or double spacing and leaving a left-hand margin wide enough for examiners’ comments and corrections.
The assignment must include Harvard Referencing or footnotes / intext references, a bibliography / references and may include a synopsis.
Students are advised to appraise themselves of an understanding of plagiarism, and ensure they avoid committing it in their assignment.
Assignments will be marked out of a possible 20 Marks.
Assignments submitted after the due date will incur a penalty for late submission of one mark for each day the assignment is overdue unless an extension of time has been obtained from the subject lecturer or tutor prior to the due date. Any application for extension of time must be lodged on the appropriate form obtainable from the faculty office and must be accompanied by any supporting evidence of the facts upon which the application is based.
ASSESSMENT TASK
1076325179070Research Project
00Research Project

QUESTION
Who is a problem?
Imagine a brother and sister who live in a capital city in one of Australia’s southern states –Adelaide, for example. They are young adults who have been registered as unemployed since they left high school a little over a year ago. They do not think there are any job prospects for them and have more or less given up looking for work. They spend most of their time sitting around at home watching television. However, they do make half-hearted attempts to look for work. For example, one afternoon each week they attend a local job club, and they are active on social media.
Now imagine a man in his fifties who had worked in the local factory in a small regional town for most of his working life. He lost his job when the factory closed down and has been unable to find any work since. He does not go out to collect his unemployment benefit because he no longer expects to find work. He tries to find useful things to do around the house to fill in his time.
Weblink
Go to the Australian Bureau of Statistics website, http://www.abs.gov.au. Select ‘Statistics’, then ‘Key Economic Indicators’ (under the heading ‘Economy’) for the latest inflation and unemployment rates. You can use the grasp and tables to illustrate and to support your arguments.
Questions
Consider the example of the young siblings. How would you classify this form of unemployment? Explain your answer. Explain how the young siblings are an example of how the unemployment rate can be overstated.
Consider the example of the man in his fifties. How would you classify this form of unemployment? Explain your answer. Explain how the older man is an example of how the unemployment rate can be understated.
Is one type of unemployment a more serious problem than the other?
Consider the COIVD-19 circumstances and discusses its impact on inflation and employment if any? Illustrate your answer.
Do you think the monopoly has any impact on inflation and employment? Illustrate your answer.

This Economics Assignment has been solved by our Economics Experts at My Uni Paper. 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.