Assessment Task relates to the following Learning Outcomes:
Understand macroeconomic policy in a broad and general framework.
Understand how the current settings of monetary and fiscal policy were determined in the context of the current economic environment and within a logically consistent analytical framework.
Evaluate the effectiveness of current monetary and fiscal policy in achieving stated economic outcomes and be able to participate to the economic policy debate in an informed way.
Source and use macroeconomic data.
Discuss issues in an analytical framework with reference to economic data.
Formulate macroeconomic policy in the context of Australia as a small open economy with the rest of the world.”
“Description: Provide a short answer to questions either of an analytical nature and/or based on Australian data.
Provide a clear analytical framework in which to express your answers. You may need to reference
Australian data. You do not need to provide an extensive list of references in your answers.”