Economics for Decision Making 2 Assignment help online

Economics for Decision Making 2 Assignment help online

SCENARIO

Many have invested in the stock (share) market and purchased a number of shares of a “High- Tech”  company.  The global  financial  crises  and the resultant  recession  and slowdown  in stock market have led to a decline in wealth. The decline in wealth has, in turn, led to a decline in consumption of all investors.

 

 

 

ASSIGNMENT TOPIC

PART (A): Using the short-run Keynesian model and a diagram, discuss the macroeconomic effects of lower consumption in the economy (in this case, assume that there are no changes in investment, government spending, exports and imports).       (5 Marks)

 

PART (B): The government implements a stimulus package and increases spending. Again use the short-run Keynesian model and a separate diagram, and discuss the macroeconomic effects of increased government spending on the economy (in this case, assume that there are no changes in investment, exports and imports).            (5 Marks)

 

 

 

 

 

 

Notes:

 

1. Submission Date: The submission date is Monday, 30 March 2015; Time 5.00PM.
2. Submission Mode: Online submission via “SafeAssign” only. No hard copy and No email submission.
3. Word Limit: Maximum word limit is 750 (do not exceed the word limit).
4. Coversheet: You are required to submit your assignment with a coversheet. In order to obtain a coversheet, log on to “Griffith Portal” and click on “student” in the menu on the left hand side. Then, you click on the heading of “Exams and Assessment” and print a copy of “individual assignment coversheet”. Alternatively, use the following link to download the coversheet in word format. http://www.griffith.edu.au/students/exams-assessment/submitting-assignments

 

 

Instructions:

1. Review your understanding of the Keynesian model (particularly, the Keynesian 45 degree diagram) to analyse the macroeconomic effects of change in consumption in the economy.
2. Include properly labelled diagrams to explain your answers.
3. No headings  are required.   Use separate paragraphs  for the introduction,  the main body of the analysis (include labelled diagram/s), discussion/conclusion.
4. In the reference list include at least five references e.g. news paper articles, books

(including  your textbook).  Use any particular  referencing  style and be consistent.   If you

 

think  that  you  need  more  details  about  referencing,  visit  the  referencing  website  of  the university  (https://intranet.secure.griffith.edu.au/student/academic-integrity/referencing). Note: the reference list should be  combined for both Part-A and Part-B.

5. Your introduction should be concise. Restrict your introduction to a maximum of 60

words in Part-A and Part-B each. Give only  combined conclusions for both Part-A and Part- B.

 

 

 

This assignment is worth 10% of the overall grade for this course.

 

Requests for an extension to the due date must be requested IN WRITING from the Course

Convenor at your home campus (via email) BEFORE THE DUE DATE.

Extensions  will  only  be  granted  in  exceptional  circumstances,  with  such  circumstances needing to be verifiable with relevant documentary evidence.

 

Penalties  apply  for  late  assignment  submissions,  in  accordance  with  University/Faculty policy. Penalties also apply for plagiarism and other forms of academic misconduct in accordance with University policy which can be accessed at

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