centercenterMacroeconomic Industry Analysis
centercenterMacroeconomic Industry Analysis
8820090900Macroeconomic Industry Analysis
Title
School Name AIM Business School
Student Name Latika Salian
Student ID Number SS-00294562
Unit Code GSB013
Unit Name Economics for Managers
Assignment Title Microeconomic analysis: Australian Supermarket and Grocery Store Industry
Facilitator Richard BolaffiWord Length 2500
Word Count Due Date Date of submission Intellectual Property Statement
By checking the box below, I certify that this is my own work. All statements and sources are carefully acknowledged, sourced, and cited and I accept full responsibility for the contents contained in the assignments. None of the material in this assignment has been submitted in another course or another assignment. No material has been copied, borrowed, or taken from a source that has not been accurately acknowledged.
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Date: XXXXX
Executive Summary
Table of contents
Length: 3000 words.
Task description
Select one of the following industries
Australian Banking Industry;
Australian Domestic Airline Industry;
Australian Coal Industry;
Australian Education Sector: International Education;
Australian Iron Ore Manufacturing Industry;
Australian Not-For-Profit Sector;
Australian Tourism Industry; or
Another industry of your choice (if you select this option, before commencing this assignment, discuss your alternative industry choice with the unit facilitator).
You are required to investigate the industry to some depth, using your understanding of business economics, and to:
a. Estimate the industrys contribution to Australias annual GDP. What proportion of GDP does this represent? Explain.
b. Describe and analyse the industrys relationship with Governments.
c. Select three (3) of the following six (6) scenarios. Using macroeconomic theories, determine and describe what you predict may happen in your selected industry if:
i. Australias rate of unemployment increases to 10%
ii. Australias inflation rate increases to 6%
iii. The Australian Government decreases the corporate taxation rate to 20%
iv. The Reserve Bank of Australia increases the cash rate to 5%
v. The value of the Australian Dollar (AUD) decreases by 10% against other key currencies
vi. China reduces imports by 10%
Provide brief explanations for each of your three predictions
d. Write a conclusion which includes the insights which you have gained from this assessment task.
IntroductionConclusionReferences