Briefly discuss the economic concept(s) that will be addressed in the report

Using economic data, briefly discuss how the economic concept(s) contribute to economic growth.

Outline the structure of the report.

Explain the Australian government's economic objectives plus target

o Using economic data clearly discuss how the selected topic contributes to economic growth through balance of payment (Hint: components of balance of payments are relevant in this case).

o Explain the exchange rate policy in Australia. Discuss how the selected topic affects the price of the Australian dollar and economic growth.

o Discuss at least one microeconomic reform implemented by the Federal Government within the last ten (10) years and the potential impact on economic growth.

o Explain the economic impact of unemployment, inflation and economic growth. Use of fiscal policy through government budget should be considered.

o Discuss the potential costs and benefits of government policy in achieving economic growth and economic stability. Why is it significant to achieve sustained economic growth? (Hint: Concepts of opportunity cost, social and private cost, social benefits are relevant to this discussion.)

Provide a summary of the report, discussing key points of the report.

o Evaluate the performance of Australia's economic policies in achieving economic stability.

o concluding statement.

Appendix

o Present a proposal to communicate the key points and basic ideas of your report.

References

o Include four or more references to demonstrate your research, which you have used to support your discussion within your report. Sources can include journal articles, newspaper articles or economic data. All sources must be correctly referenced according to APA or Harvard referencing guide.