An assessment of the economic impact of COVID 19 on the
Australian economy – an International Macroeconomic
perspective.
Where is Australian currently on the SWAN diagram - possible
policy interventions? (noting you can make assumptions
about relative elasticities of the IB / EB schedules)
Focusing on policy interventions?
please......... very important
An assessment of the economic impact of COVID 19 on the
Australian economy – an International Macroeconomic
perspective.
Elasticities and absorption approach to the current account –
how might changes to the exchange rate flow through to the domestic
economy. What about Y-A = X-M?
An assessment of the economic impact of COVID 19 on the
Australian economy – an International Macroeconomic
perspective.
Choice of exchange rate regime – would Australia be in a better
position if it had a fixed exchange rate?
An assessment of the economic impact of COVID 19 on the
Australian economy – an International Macroeconomic
perspective.
The intertemporal model of the current account- the CA balance:
likely changes and implications for future consumption
An assessment of the economic impact of COVID 19 on the
Australian economy – an International Macroeconomic
perspective.
The intertemporal model of the current account- the CA balance:
likely changes and implications for future consumption
An assessment of the economic impact of COVID 19 on the
Australian economy – an International Macroeconomic perspective.
Exchange rate determination in the short run and the long run -
What can theory tell us about current and likely future changes in
the value of AUD.
An assessment of the economic impact of COVID 19 on the
Australian economy – an International Macroeconomic
perspective.
The RER and internal and external balance- automatic mechanisms
of adjustment- Where is Australian currently on the SWAN diagram -
possible policy interventions? (noting you can make assumptions
about relative elasticities of the IB / EB schedules)
An assessment of the economic impact of COVID 19 on the
Australian economy – an International Macroeconomic
perspective.
Exchange rate determination in the short run and the long run -
What can theory tell us about current and likely future changes in
the value of AUD
An assessment of the economic impact of COVID 19 on the
Australian economy
Please explain this with the help of below mentioned diagram
1) Macroeconomic policy options in light of COVID19 – likely
outcomes / limitations-use the IS-LM-BP to illustrate
2) Choice of exchange rate regime – would Australia be in a
better position if it had a fixed exchange rate?
Assessment: Final Report / Essay - An assessment of the economic
impact of COVID 19 on the Australian economy – an International
Macroeconomic perspective
Likely implications for net foreign wealth