how the United States domestic fiscal and monetary policy might impact on the Asia pacific region, specifically on Australian and Singaporean economies. In your answer consider likely scenarios of US expansionary fiscal and monetary policy on Singaporean and Australian economies. In your assessment of the likely impacts of US policy on Singapore and Australia, use the theoretical tools and concepts developed in the course

1)Use the IS LM BP model to illustrate the macroeconomic spill over effects of US policy on the various countries

2)Critically examine other concepts developed in the course that might be relevant - these may include the Swan diagram, RER, currency crisis,

(Assess the policy options available in an open macroeconomic environment in 2021. Frameworks to assess the policy options include -The absorption model, the SWAN diagram, the IS LM BP model)

(references needed, thank you!)

(illustrations needed, thank you!)