Economics is concerned with current real-world problems. Thus, to assist education, and to make study more interesting and useful, it is strongly suggested that to follow current economic debates through media

the media choose is news on BBC about bushfire happen in Australia recently

1. You are required towrite two (2)-pages analysis on the newsdiscussing the relevance of the news item to the concepts you have studied in this subject. Theselected newsshould be current, and A list of relevant topics for the news analysis is given below.
2. Section A - relate news to the topics listed below

(1) fiscal policy

(2)Monetary Policy

Section B - relate to the topics listed below for the diagram analysis

(1) Aggregate Demand and Aggregate Supply

1. (2) The Keynesian Income and Expenditure Model: The open economy
2. (3) The Market for Money (Money Demand and Money Supply)