n assessment of the economic impact of COVID 19 on the Australian economy - an International Macroeconomic perspective.

Weight:50%

CLO's assessed:

1. Analyse the concept of a nation's balance of payments to examine the economic importance of changes in a nation's net foreign wealth position.
2. Synthesize and evaluate theories of exchange rate determination.
3. Assess the policy options available in an open macroeconomic environment.
4. Evaluate the extent to which macroeconomic policy effectiveness is affected by macroeconomic openness.
5. Assess the implications of a government's choice between a fixed and a floating exchange rate regime.
6. Analyse the causes and effects of currency crises.