1.Research and explain how you would develop and apply your knowledge of economic principles to improve business performance. Your answers should include how microeconomics influences financial products and services we buy.

2.What does the term capital adequacy mean? Describe the role of the Australian Prudential Regulation Authority in Australia. How does this organization affect the regulations that apply to capital Adequacy? Include in your explanation how changes to the Basel accord in 2013 affected the Prudential Standard APS 222.

3.How would you evaluate economic aspects that apply to decision making? What would you do to review your own work and how will you maintain a personal understanding of economic policies?

4.What are financial modelling techniques and how are those applied to economic data? When required to undertake research to create a financial model, how would you evaluate your research data? Explain the techniques and tools you would use to ensure your financial model is correct?

5.Describe how you would determine and apply the organizational value in relation to capital structure.

6.Choose 2 economic theories from the list below and explain the impact these have on industry, The government and the individual. If appropriate, include in your explanation how you will integrate contemporary economic principle into your everyday work practices.

Keynesia economics

Value theory

Supply-side economics

Monetarism

7.What are economic models? Briefly describe.

8.What is macroeconomics and microeconomics.