Task - Media Analysis

Task - Media Analysis

In this assessment task, you are required to identify one currentmacroeconomicissue sourced from a newspaper or business magazine that you will use to produce an independent economic analysis.You should focus on an Australian issue. The choice of macroeconomic issue is entirely up to you. You are expected to integrate, as best as possible, your knowledge of macroeconomicsbyapplyingthe appropriatemacroeconomicmodelsto the central issue in your chosen media article.

The media article may be sourced from various online media databases available through the internet. Your chosen media article should be included with your assignment as an additional page. The media article should not exceed two pages. Do not use academic journal articles as your media article.

Publication date: The date of your media article should be February 2023 onwards.

Length:900 - 1000 words maximum

Format:Size 12 font with 1.5 spacing

Assignments over 1000 words will be returned.

Structure for the Media Analysis

You should use the following headings in your media analysis. If you wish to use some sub-headings in Section 2 (Economic Analysis), this is fine.

1. Introduction-Your introduction should provide a summary of the macroeconomic issue, highlighting the key points and the main economic concepts that are relevant to your chosen. (Suggested word count - approximately 150 words).

2. Economic Analysis-The economic analysis should consist of an evaluation of the key issues referred to in the article and how these can be explained using the theoretical model that we covered in class. Analyse any scenarios described in your article (if appropriate) by applying the economic models such as business cycle stabilisation, fiscal and monetary policy, CDP growth and CPI. You should illustrate, where possible, the use of any economic models to explain what is happening in the article. If your article discusses a proposal being considered by a government, industry or an organisation, then your economic analysis can include some scenario outcomes which you can potentially integrate into your theoretical framework. (Suggested word count - approximately 650 words).

3. Conclusion-This should be a brief concluding statement. (Suggested word count - approximately 100 words).

References(if necessary) -Use if supporting your article with any other references. (Not included in word count).