Assignment —
Prepare 2000 words report and for
the introduction and conclusion you can use up to 200 words.
The report focuses on macroeconomic
management during and after the global financial crisis of 2007 to
2009. The report should address the following country.
-
Developed country: – United
Kingdom - Developing country: – India
(1)
Collect information on the budgets
of each of the selected pair of countries for the 15 years from 2004
and 2018. You need to collect information on the major components of
revenue and expenses with smaller items put into the category
“others”. Determine whether the country or federal budget was in
surplus or deficit in each of the years. (10 marks)
(2)
Perform a comparative analysis of
the composition of the items of budget and expenditure over the
15-year period between the two countries chosen and comment on how
these have changed over the period. (400 words) (10 marks)
(3)
How has the global financial crisis
(GFC) affected the budgets of the two countries? In your answer
consider how the use of fiscal policy during the GFC impacted the
budget deficit/surplus. The period of the GFC is 2007 to 2009. (500
words) (12.5 marks)
(4)
Discuss attempts that have been made
by the authorities to reduce budget deficits post – GFC (from 2010 to
2018). Were they successful in their endeavour? (400 words) (10
marks)
(5)
Using academic literature perform a
comparative discussion that evaluates how successful the two
countries used fiscal policy to pursue objectives of sound
macroeconomic management post GFC until the end of 2018. (500 words)
(12.5 marks)
- Please note that:–
In addition to the above, you will
also be assessed on the following: (see marking Rubric at the end for
more description of expectation).
-
Content Audience and Purpose
(5%) -
Critical reasoning,
presentation and defence of an argument and/or position (10%) -
Analysis and Application with
synthesis of new knowledge (15%) -
Use of academic conventions
and sources of evidence (5%) - Effective communication (5%)
-
Submit as a Word document
properly referenced using the APA referencing style.Wikipedia and Investopedia not acceptable academic sources. Note
that the Reference list, appendices and calculations are not
included in word count. -
You must prepare a Business
Report. Please ensure that a report format is adhered to as strictly
as possible. Marks will be lost if any other format is used.
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