02 Sep ?? Students will complete a research-based analysis and evalua
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Students will complete a research-based analysis and evaluation of Australia??s macroeconomic performance for the period 1990 to 2017. The response needs to be developed into a professionally presented report. Students will follow the following procedure:
(1) Obtain data on real GDP, exchange rate, net exports (exports ?? imports), and the cash rate (interest rate). Then using graphs and statistical summaries, discuss the relationships between the following variables:
a. Growth of net exports as a share of real GDP and the exchange rate
b. Growth of net exports as a share of real GDP and the cash rate
(2) Conduct a simple regression analysis to investigate factors that influence the growth of net exports as a share of real GDP in Australia.
(3) Given the insights gained from (1)??(2), discuss how macroeconomic policies, particularly monetary policies, would contribute to improvement of net export growth as a share of real GDP in Australia?
Students need to support their analysis with a minimum of 10 academic journal articles plus the text.
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