For Assignment 2 you are required to prepare a report on the current (i.e., August/September 2019) state of the Australian economy and compare its performance with the state of the economy over the period from 2015 to 2019. In completing your report it will be necessary to examine the latest figures and the comparable figures commencing in 2015 to develop an annualised (2015, 2016, 2017, 2018, 2019) trend analysis. The following four economic indicators – Economic Growth (GDP), unemployment, inflation and trade (trade includes the terms of trade, the current account, net foreign debt and the value of the Australian dollar) are to be examined in your report. In examining the performance of the Australian economy it will be useful to outline any expected target values that may exist for the economic indicators. Finally, given your analysis, you are asked to highlight three major issues facing the Australian economy over the next 12 months and why these are of concern.
The report should be between 1500 and 2000 words. This word limit does not include the abstract, tables, graphs and reference list.
The report should be word processed using Times New Roman font size 12 with 1.5 line spacing.
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Economic indicators
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- Author David Lee
- Published January 1, 2020