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Economics for Business Essay Assignment -

This group assignment will be assessed on the basis of the following criteria:

  • The current research on the topic
  • Analysis of the topic and the application
  • Student's showing their understanding and current debate by different governments, economists and the industry.

Choose any ONE topic out of the following list:

1. Industry reforms in Tourism, Meat and Livestock, Agriculture and hospitality in Australia. Choose any one industry out of these and discuss the reforms in that industry.

2. GDP and Economic growth in Australia last 5 years.

3. Unemployment during last 5 years and its effect on Australian economy and government policy towards reducing unemployment.

4. Fiscal Policy of Current Australian Government.

5. NBN policy of Australian government and its issues.

Following is the structure of the essay:

Introduction - 300 words

Body - 2000 words discussing and analyzing the research and the application

Conclusion - 200 words.

1. Explain GDP (200 words)

2. Components of GDP & where Australia has largest areas (400 words)

3. Is it increasing or decreasing? (300 words)

4. What is economic growth? (300 words)

5. What is Australian economy growth? (500 words)  

6. What are the government industry GDP/economic forecast or prediction for Australia? Why? (500 words)

7. Conclusion - (300 words)

* Current Research 2017 onwards.

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