1. Summarise the macroeconomic event in the news article and mention your plan and discuss in the essay.
2. Apply AS-AD, Aggregate Expenditure Model, Money market diagram
3. Macroeconomic challenges faced by the country
- Long term economic growth (Protential GPD)
- Short term recessionary or inflationary problem due to business cycle
- What causes the problem
- The impart on the society and economy
- Policies implemented by Gov concerned to solve the problem on labour hour, labour productivity, demand-side policies, supply-side policies
4. Draw the economic models to illustrate the discussion of the economic problem and impart of gov policies
5. A conclusion, high light key points and arguments