Macroeconomics Policy Brief Assignment 2.docx - ECON 1010...

ECON 1010 – Macroeconomics 1
Policy Brief ‘Student template’
( s
trictly follow this template and use this template only for submission
)
You must compose the policy brief according to the template detailed in this section.
Instructions for each required element of the brief are included within this template These
instructions are reflected in the requirements of the rubric detailed. Ensure that the policy
brief includes each of the elements detailed in the template and that you do not reorder,
rename, or omit any of these elements.
By signing below, you agree to the RMIT university’s student declaration
In principle, you need to form a group with a size of TWO(2) students. All group members
must be enrolled in the same tutorials (a strict requirement).
In the event that you would like to form a group with a student from a different tutorial or
you like to submit as the individual work, you will need to seek approval from the course
coordinator explaining the valid reasons (please email to [email protected] )
Student name Student number Tutorial Date/Time Signature
(take a picture of a signature and paste here)
Aziz
Behrami
3785256 Wednesday 9:30-
10:30pm
Alexandra
Staicu
3781509 Monday 3:30pm-
4:30pm
.
Part A: Diagnostics Analysis
Page
1
of
6

Name of country: Australia
Indicator 1
:
Long-term annual growth rate of GDP
Y-AXIS: Percentage of Growth Rate
X-AXIS: Year
Source from ( )
It is shown that over the past twenty years, Australia’s GDP has fluctuated significantly,in
recent years, the economy has been stable enough, due to its economic success being major
exporters of mining and agriculture commodities. The worst period of the economy was
the 2008-2009 period, resulting in the Global Financial Crisis. McDonald and Morling
(2012, para. 15) proclaim that ‘