Economic Performance of Australia from 2004 to 2013

Question

Conduct research on the economic performance of ONE(1) country over the last ten years, from 2004 to 2013, applying the macroeconomic indicators of real GDP, real GDP growth rate, real GDP per capita, unemployment rate and inflation rate to argue whether you think the performance to be strong or weak.

Discuss the performance of the economy over those ten years and provide evidence and explanations for the economic performance such as a high unemployment rate, high inflation rate and/ or steady, long-term economic growth. Also explain how the policies of the government aim to achieve full employment, stable price and/ or economic growth.

Summary

This question belongs to macroeconomics and discusses about economic performance of a country.

Word count: 2100