Macroeconomic Policy Responses to Recession: A Comprehensive Analysis and Recommendations for Economic Recovery

Imagine you are an economic advisor to the government of a country experiencing a recession.

The recession is characterized by high unemployment rates, declining consumer spending, and

reduced business investment. The government has sought your expertise to formulate a

comprehensive policy response to stimulate economic growth and stabilize the economy.

Outline a macroeconomic policy package that includes fiscal and monetary policy measures to

address the recession. Explain the rationale behind each policy measure, including how they

are expected to impact key macroeconomic indicators such as GDP, inflation, and

unemployment. Consider the potential challenges and limitations of implementing these

policies and how you would address them.

Objectives:

Accounting and finance knowledge is crucial in effectively managing organisations. This course

aims to provide an understanding of accounting and finance tools and concepts that would give

student confidence in using financial information when making decisions, in searching for financial

information and in questioning financial information provided. Covered will be the use and

interpretation of financial reports and budgets to help plan, control and evaluate in today's business

environment. The exploration of the consequent behavioural effects of the use of accounting and

finance in organisations will also be covered and this will help develop student understanding of

accounting and finance in practice.

The report should include the following components:

1. Cover page
2. Table of contents
3. Introduction
4. Financial analyses
5. Any applicable principles / theory / formulae from Unit 1 to 10 of the Course Outline
6. Conclusion
7. Reference list
8. Appendix

Requirements:

• Maximum word count of the report at 4,000 words(excluding cover page, table of content,

formulas, tables, graphs, and appendices) with an allowance of 10%. Report should be

produced using Times New Roman, 12-point font, 1.5 lines spacing and page numbering to

be inserted.

• It is important to include in-text citations and reference list before submitting (Harvard

method of referencing is preferred).

• It is important to include in-text citations and reference list before submitting (Harvard

method of referencing is preferred).

• Turnitin submission for similarity checks
• A set of Project Presentation slides are also to be submitted

Evaluation criteria and marking rubrics:

1. Structure (Total 25 marks)
2. Constructive explanation of the subject matter (15)
3. Sensible illustration and clear interpretation (5)
4. Effective paragraph structure (5)
5. Content (Total 30 marks)
6. Introduction (5)
7. Financial analyses (10)
8. Relevant and applicable theories / principles / formula (10)
9. Conclusion (5)
10. Language and organizational skills (Total 15 marks)
11. Grammar and spelling (3)
12. Layout of the report (2)
13. Logical flow of idea (5)
14. Teamwork (5)
15. Application and analysis skills (Total 20 marks)
16. Sound and justified analysis on the financial concepts (10)
17. Implication of knowledge (10)
18. Academic research skills (Total 10 marks)
19. Relevant and reliable academic resources and source of data (5)
20. Proper reference list and in-text citation (5)

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