Suggested Structure and Guiding Questions for the Essay 1. Introduction The Introductory paragraph(s) should broadly explain the importance of the topic that will be discussed, and a brief outline of the main sections of the essay. 2. Body of the Essay (provide headings and subheadings) The body of the essay contains the main sections. Please divide the body section into sub- sections by including sub-headings as suggested below from Q1 to Q5. However, your arguments and diagrams should be organised in a logical and coherent manner. Question 1: List and explain the key macro-economic goals, and provide an overview of the Australian economy in current COVID-19 global pandemic? Discuss with tables and graphs the main macroeconomic indicators for the Australian economy. (i) conduct research on the current trend in economic growth, GDP, inflation rate, unemployment rate, exchange rate, government debt and other macroeconomic indicators using multiple sources. (ii) Define and draw the four stage of business cycle and explain when expansionary or contractionary fiscal and monetary policies are applied