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Assessment 2 required you to work in groups to write a brief on the current macroeconomic situation in Australia, based on the case study reading
Assessment 2 required you to work in groups to write a brief on the current macroeconomic situation in Australia, based on the case study reading excerpted from the February 2023 Reserve Bank of Australia Statement on Monetary Policy. The written brief should have firstly, assessed the key Macroeconomic Variables and the relevant factors that influence them. Secondly, you should have applied the key Macroeconomic Variables to the AD/AS Model to determine which phase the Australian economy is in. Finally, your brief should have concluded with some comments on the key Macroeconomic Indicators
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