Question
Make a narrated (by you) video using MS PowerPoint that explains and illustrates the impacts that the COVID-19 pandemic and horrendous bushfires of 2019/2020 have
Make a narrated (by you) video using MS PowerPoint that explains and illustrates the impacts that the COVID-19 pandemic and horrendous bushfires of 2019/2020 have had on the Australian economy.
You will do so by comparing the three main macro-economic indicators - GDP growth, inflation and unemployment - in June 2020 to a point in time prior to the pandemic and bushfires (pre-July 2019), then you will illustrate and explain the impacts using the AD-ASmodel.
Provide references that support your work and submit your slides and a link to your video for marking. Suggested procedure
1. Visit the Snapshop Comparison tool on the Reserve Bank of Australia website:.
2. Compare key ecnomic indicators - GDP growth, inflation and umeployment rate in June 2020 to any month and year prior to July 2019.
3. Make a narrated (by you) video, approximately two to three minutes in length, using MS PowerPoint* https://www.youtube.com/watch?v=Wcfm1wdPQbE The video should include the following: a. A comparison of the key economic indicators in June 2020 to a month and year prior to July 2019. b. A graph using the AD-AS model that illustrates the impacts of the bushfires and the COVID-19 pandemic on GDP, unemployment and price level. Use the drawing tools in MS PowerPoint to create a graph. https://www.youtube.com/watch?v=L4TPfHitbKI c. References to support your explanations on the last slide of your presentation.
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