Discussion Post: Growth of Net Exports as a Share of Real GDP and the Exchange Rate
Students will complete a research-based analysis and evaluation of Australia's macroeconomic performance for the period 1990 to 2017. The response needs to be developed into a professionally presented report. Students will follow the following procedure:
• Obtain data on real GDP, exchange rate, net exports (exports - imports), and the cash rate (interest rate). Then using graphs and statistical summaries, discuss the relationships between the following variables:
o Growth of net exports as a share of real GDP and the exchange rate
o Growth of net exports as a share of real GDP and the cash rate
• Conduct a simple regression analysis to investigate factors that influence the growth of net exports as a share of real GDP in Australia.
• Given the insights gained from (1)-(2), discuss how macroeconomic policies, particularly monetary policies, would contribute to improvement of net export growth as a share of real GDP in Australia?
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.