can someone please help about the current economic crisis for my commerce assignment (1 Viewer)

[The_Chosen_One]

Investigate and report on current issues relating to changes in economic activity and the impacts on consumers and businesses

above is the task.... teachers given a few notes like

Current issues relating to economic activity
Impacts on a) consumers b) businesses
> >
1. Economic activity – measured by G.D.P – term “recession” “stagnation”
2. Australian Economy – not in isolation
-“global financial crises”
-Links/influences of globalisation

• Australia Free Market Economy./Modified/Influenced by government policy + action
• way of analysing/reporting on current issues is by looking at key economic indicators and resulting implication for individuals + business

·inflation
·wages
·interest rates
·spending/consumer confidence (CPI)
·employment/unemployment
·$AUS – Value (Reserve Bank)
·Imports/exports



but can you people please give more information and detail aboutinflation ·wages
·interest rates
·spending/consumer confidence (CPI)
·employment/unemployment
·$AUS – Value (Reserve Bank)
·Imports/exports

THANKS
_________________

 

[Brontecat]

Re: can someone please help about the current economic crisis for my commerce assignm

try this website for interest rates - it just seems to explain everything perfectly RBA: About Monetary Policy

 

[Adilis]

Re: can someone please help about the current economic crisis for my commerce assignm

do unemploymentttt. its freak easy. i just had my assessment which is like basically the same as yours

 

[moll.]

Re: can someone please help about the current economic crisis for my commerce assignm

I'm confused. What exactly are you supposed to do for the assignment? Pick one of the topics and talk about what is happenning with it in the GFC?