代写 ECON assignment MAE203 – The Global Economy

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  • 代写 ECON assignment MAE203 – The Global Economy
     
    MAE203 – The Global Economy
    Written Assignment
    Trimester 1, 2016
    Due Date: 7 th May, Saturday by 11.59pm in CloudDeakin
    Total marks: 100 points
    Note: This is an individual assignment and needs to be submitted individually in
    CloudDeakin by the due date and time.
    (See the end of assignment for submission requirements)
    The assignment has two parts, A and B.
    Part A: Data collection, presentation and analysis
    China, Japan and USA are three top trading partners of Australia. There are some concerns
    that Chinese economy is slowing down, which may impact Australian exports. In this part of
    the assignment, you will collect, present and analyse important macroeconomic indicators for
    the above four countries.
    Q1. Using the World Bank website (under Data), collect and present annual data
    showing: (i) GDP per capita (current US$); (ii) the GDP annual percentage growth rate;
    (iii) Exports of goods and services (% of GDP); and (iv) Imports of goods and services (% of
    GDP) for each of the four countries for the years 1980 – 2014.
    Present the data in tables. You are free to decide how many tables to use, and which
    variables/countries to include in each table. Each table must be numbered and have a clear
    heading/title indicating its contents, and a reference for the source of the data under the table.
    Use the data to construct the following graphs. Indicate under each graph which table(s) the
    data came from. Give your graph a title, and make sure to label each of the axis and the
    variable.
    Figure 1. GDP per capita for all four countries.
    Figures 2, 3, 4 and 5: One figure for each country, with the GDP growth, Exports of goods
    and services and Imports of goods and services for that country.
    Figure 6: GDP growth and Exports of goods and services for all four countries.
    [2 + 3 + 3 + 3 + 3 + 3 + 3 = 20 points]
    2
    Q2. Using figures 2 – 6, analyse and explain any general relationship you see between the
    three variables in each of the countries. Is there any link between Australian exports and the
    GDP growth in China? On the basis of the data collected, analyse any similarities and
    differences in the performance of economies. (Word limit: 300 words)
    [3 + 4 + 8 = 15 points]
    Q3. Now, from the same website, download the data for total unemployment rate (% of labor
    force) and the annual percentage inflation rate (using the GDP deflator) for the years 1980-
    2014. Using the GDP growth rate data from above, draw a graph for each country with the
    GDP growth rate, inflation rate and unemployment rate for that country. Could you see if
    inflation rate and unemployment move together/opposite with the GDP growth rate in each
    country? Explain your answer. (Word limit: 300 words)
    [8 + 7 = 15 points]
    Part B: Short Answer Questions
    Q4. Using the following table, answer the following questions. The numbers in the table are
    in billions of dollars.
    Real GDP Consumption
    Planned
    Investment
    Government
    Purchases
    Net Exports
    1000  1000  100  150  -50
    2000  1900  100  150  -50
    3000  2800  100  150  -50
    4000  3700  100  150  -50
    a. What is the equilibrium level of real GDP?
    b. What is the MPC?
    c. If potential GDP is $4000, is the economy at full employment? If not, what is the
    condition of the economy?
    d. If the economy is not at full employment, by how much should government spending
    increase so that the economy can move to the full employment level of GDP?
    [5 + 5 + 5 + 5 = 20 points]
    Q5. Discuss the leading causes of the Great Depression in Australia and use the 45° line
    diagram to show how they caused a decline in real GDP. (Word limit: 300 words)
    [5 + 10 = 15 points]
    Q6. Starting from long-run equilibrium, use the basic (static) aggregate demand and
    aggregate supply diagram to show what happens in both the long run and the short run when
    there is a decline in wealth. (Word limit: 200 words)
    [7 + 8 = 15 points]
    3
    代写 ECON assignment MAE203 – The Global Economy
     
    NOTES:
    Presentation and Referencing:
    Assignments must be typed. Answers should be in full sentences, which have been checked for
    grammar and spelling. Marks will be deducted if your ideas are expressed poorly or are
    confused, and cannot be awarded if your expression is ambiguous. Data should be neatly
    presented in table and graph format where requested, with sources correctly documented. The
    tables and graphs should have a relevant title and each axis on the graphs should be correctly
    labeled. Sources of data should be acknowledged under each table and chart and fully
    documented using a reference list presented at the end of the assignment.
    Marks will be deducted for poor presentation.
    Word limit:
    You are limited to no more than 2,000 words in total. The words in any graphs/diagrams, tables,
    equations, and the references do not count toward the word limit.
    Submission details:
    Submit an electronic copy of your assignment to the Drop Box in CloudDeakin, before 11:59
    p.m. Saturday 7 th May, 2016. Make sure you receive an email confirming submission. Do not
    leave it until the last minute as CloudDeakin can become congested around submission time,
    and the drop box automatically closes at 11:59pm.
    Do NOT email assignments.
    Extensions:
    Extensions can only be approved by the Unit Chair. They are rarely granted and rarely for more
    than a few days, so do not depend on an extension. Extensions can be granted for documented
    serious illness (not just on the day the assignment is due!) or for compassionate reasons. Work
    or holiday reasons are NOT grounds for an extension – you are expected to manage these issues
    as part of your studies. You are strongly encouraged to start early and to continually
    backup your assignment as you progress. Computer crashes or corrupted files will NOT be
    accepted as valid reasons for an extension of any length.
    Note that CloudDeakin does not accept some file formats, including Excel files. You should
    upload one file only in either Word or (preferably) PDF format.
    Other Information:
    Please read carefully the University policy on ‘ACADEMIC HONESTY AND
    MISCONDUCT’ before you start working on your assignment. The direct URL is:
    http://www.deakin.edu.au/students/assessments/misconduct
    4
    Individual work is required!
    You may study with other students, however you must write this assignment on your own.
    On occasions students submit assignments that are very similar and clearly close copies of each
    other, using identical or very close diagrams and examples. This is called collusion. Plagiarism
    is if you use ideas that are not your own without appropriate reference. Software will check
    each assignment for plagiarism and collusion, which are explained further in our Unit Guide
    and the reference above. We do catch students, and they then have to appear before the
    Academic Misconduct Committee and receive a penalty – penalties can be severe and even
    include exclusion from the university. The whole process is traumatic for everyone.
    Most students do the work in good faith and submit their own words and diagrams. They
    understand the importance of this for learning, maintaining the quality and integrity of the
    degree they will ultimately get, and preparing for the exam.
    To avoid any suspicion of collusion if you do work together, go away to write up your own
    version separately. If you use ideas from other sources (for example the text or articles) then
    reference them. All directly or indirectly sourced material must be referenced and an
    alphabetical list of references should be included at the end of your assignment. If you quote
    directly from the textbook you must reference your quotation (including a page number),
    however you are strongly encouraged to express your ideas in your own words. Economic
    concepts from the textbook do not need to be referenced if stated in your own words. Economic
    (or other) ideas or concepts from any other sources, including on-line sources, must be
    referenced. Figures in tables must be referenced. Use the Harvard (Author, date) style of
    referencing.

    代写 ECON assignment MAE203 – The Global Economy