Get Assignment Task Help On ECON6001 Economic Principles Analysis

Buying Economics Assignment help online From Assignment Help Australia Site. It is the Best Decision you will ever make. Our Assignment Writing Service is packed with Solid features such as 100 + Management Experts, Timely Delivery, Plagiarism-free Work, Free Samples at A reasonable Price. You can connect with us Today at our official site and secure your Grades.




Assignment Details:

  • Referencing Styles: APA
  • Words: 2750
  • Course Code: ECON6001
  • Course Title: economic principles
  • University: University of New South Wales
  • Country: AU


Assignment Task


In a group of three (3) students you are required to complete this assessment task considering the following:


(a) Your facilitator is going to allocate to your group a pair of countries from the following table:
European country the Asia Pacific country

  • Norway Malaysia
  • Finland Indonesia
  • Sweden Vietnam
  • Italy Singapore
  • Spain Bangladesh
  • Portugal Pakistan
  • Denmark Thailand
  • Romania Philippines
  • United Kingdom Japan
  • Germany China
  • Poland India

Perform a critical comparative analysis of the budgets of the allocated pair of countries a year before COVID-19 and the one prepared a year after the COVID-19 outbreak.


(b) You are required to provide your views on how the 2020 budgets announced by the authorities of the two countries in question are expected to impact key macroeconomic variables such as   Economic Growth inflation and unemployment in 2021 and 2022. You are expected to use information from government sources and publications from reputable institutions such as the IMF, OECD, World Bank, European Central Bank, Brookings Institution, Asia Development Bank and so forth.


(c) In most developed countries interest rates have been low following the global financial crisis (GFC) of 2008 to 2009. Some countries in Europe and elsewhere actually lowered key interest rates into negative territory. Critically discuss the rationale of having negative interest rates using two examples of countries that did that. You should indicate whether adopting such policies produced the desired impact in terms of favourable macroeconomic management.


(d) In the two countries you addressed in part (a) perform a historical analysis over the last 5 years of the national debt in amounts and as a percentage of GDP. Provide factors that have contributed to the pattern observed.


(e) Using the 2020 national budgets of the two countries, discuss the projections in the near to medium term of the national debt and explain how the COVID-19 pandemic could have influenced these forecasts.