Length and/or format: 1650 Words, Case Study Report
Understanding and critically evaluating real world economic examples is a very important part of economics
education. The case study provides students with the opportunity to apply all they have learnt during the semester to a recent real-world economic situation. Focus here is on macro-economics.
Read and review the Reserve Bank Governor’s presentation to the House of Representatives Standing Committee on Economics on 16 September 2022: https://www.rba.gov.au/speeches/2022/sp-gov-2022-09-16.html as well as the follow-up questions and answers in Hansard (link to Hansard proof from the same website). Focusing on one of the following issues:
• household spending;
• the housing market;
critically respond based on what you have learned during this course and also suggest recommendations/solution to the issue being discussed.
The submission must be in an essay format with proper introduction and conclusion.
Referencing (Text book)
Layton, A, Robinson, T & Tucker, IB 2019, Economics for today: Sixth Asia Pacific Edition, 6th Edn, Cengage Learning, South Melbourne, VIC.
Additional Recommended references
Baye, R 2017 Managerial economics and business strategy, 9th edn, McGraw Hill, New York, NY.
Faarnham, G Economics for managers, 3rd edn, Pearson Education, London.
Gans J, King S, Stonecash RE & Mankiw N Principles of economics, 7th edn, Cengage Learning Australia, Melbourne.
Gerber, J International economics, global edition, 7th edn, Pearson Education, Upper Saddle River, NJ.
Hubbard, G Lewis, 2017 Essentials of economics, 4th edn, Pearson, Frenchs Forest
Salvatore, D Managerial economics in a global economy, 8th edn, Oxford University Press, Oxford.