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Global economy

Order Description

Word Limit: 1500 words. Worth: 20% of unit total.

1. Collect annual data for each year from 2004 to 2013 for three countries, Australia, China and Indonesia, at http://data.worldbank.org/indicator. Under “all indicators” find and download data for the following macroeconomic variables.
a. Real GDP growth rate (annual %)
• Real GDP per capita
• Inflation: consumer prices (annual %)
• Unemployment rate

Note: In order to download the data for a variable, click on the “DOWNLOAD DATA” tab on the right-hand corner of the webpage. You can save the data for each variable as an EXCEL FILE and save in a convenient location on your computer with the name of the variable.

Present the data for each variable clearly in a separate table for each variable, correctly labelled and sourced. (Express GDP in billions of US$, and GDP per capita in US$.) You can submit as a spreadsheet. (5 marks)

Tables and charts must be correctly titled, labelled and sourced.

2. Present the data collected above for real GDP per capita in a single chart with a line for each country’s data. Compare and comment on the differences between each country and over time. Discuss possible economic reasons for those differences. (5 marks)

3. Do the same as Q2 for the other variables: present separate line charts for each of GDP growth rate, unemployment rate and inflation rate. Explain why you might want to use more than one chart to present some variables. Compare and discuss the movements shown in each chart. (5 marks)

4. Draw a business cycle diagram for each of the countries using the real GDP growth rate data and show on which point of the business cycle each of your country’s is at now. What may be possible causes for your country’s to be on the point of the business cycle? (5 marks)

Up to 2 marks will be deducted for poor presentation including tables, chart, sources and referencing.
Presentation and Referencing:
Answers should be in full sentences, which have been checked for grammar and spelling.
All sources should be fully referenced including sources for tables and charts and date of access for online material. Your assignment will include a bibliography. If you are unsure about referencing, the library has useful information on referencing at:
http://www.deakin.edu.au/current-students/study-support/study-skills/handouts/refer-plag.php
Other Information:
Go to the Division of Student Life’s website, select ‘study skill’, ‘student resources’, ‘referencing and avoiding plagiarism’. The direct URL is

http://www.deakin.edu.au/current-students/study-support/studyskills/handouts/authordate-harvard.php

Please read carefully ‘ASSESSMENT’ and ‘ACADEMIC HONESTY AND MISCONDUCT’ in your unit guide before you start working on your assignment.

Submission:

The assignment must be submitted as hard copy only and submitted to your respective lecturer’s letter box which are located on level 4 beside the MIBT reception. Please note, no on line submission is accepted.

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Sample Answer

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Concerning specific contextual analysis, two significant correspondence standards, correspondence channel determination and commotion are self-evident. This course presents the standards of correspondence, the act of general correspondence, and different speculations to all the more likely comprehend the correspondence exchanges experienced in regular daily existence. The standards and practices that you learn in this course give the premise to additionally learning and correspondence.

This course starts with an outline of the correspondence cycle, the method of reasoning and hypothesis. In resulting modules of the course, we will look at explicit use of relational connections in close to home and expert life. These incorporate relational correspondence, bunch correspondence and dynamic, authoritative correspondence in the work environment or relational correspondence. Rule of Business Communication In request to make correspondence viable, it is important to follow a few rules and standards. Seven of them are fundamental and applicable, and these are clear, finished, brief, obliging, right, thought to be, concrete. These standards are frequently called 7C for business correspondence. The subtleties of these correspondence standards are examined underneath: Politeness Principle: When conveying, we should build up a cordial relationship with every individual who sends data to us.

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It is a unique cycle that oversees force, closeness and limits, cohesiveness and flexibility of route frameworks, and makes pictures, topics, stories, ceremonies, rules, jobs, making implications, making a feeling of family life An intelligent cycle that makes a model. This model has passed ages. Notwithstanding the view as a family and family automatic framework, one of the greatest exploration establishments in between family correspondence centers around a family correspondence model. Family correspondence model (FCP) hypothesis clarifies why families impart in their own specific manner dependent on one another ‘s psychological direction. Early FCP research established in media research is keen on how families handle broad communications data. Family correspondence was perceived as an exceptional scholastic exploration field by the National Communications Association in 1989. Family correspondence researchers were at first impacted by family research, social brain science, and relational hypothesis, before long built up the hypothesis and began research in a family framework zeroed in on a significant job. Until 2001, the primary issue of the Family Communication Research Journal, Family Communication Magazine, was given. Family correspondence is more than the field of correspondence analysts in the family. Examination on family correspondence is normally done by individuals in brain science, humanism, and family research, to give some examples models. However, as the popular family correspondence researcher Leslie Baxter stated, it is the focal point of this intelligent semantic creation measure making the grant of family correspondence special. In the field of in-home correspondence, correspondence is normally not founded on autonomous messages from one sender to one beneficiary, yet dependent on the dynamic interdependency of data shared among families It is conceptualized. The focal point of this methodology is on the shared trait of semantic development inside family frameworks. As such, producing doesn’t happen in vacuum, however it happens in a wide scope of ages and social exchange.

Standards are rules end up being followed when performing work to agree to a given objective. Hierarchical achievement relies significantly upon compelling correspondence. So as to successfully impart, it is important to follow a few standards and rules. Coming up next are rules to guarantee powerful correspondence: clearness: lucidity of data is a significant guideline of correspondence. For beneficiaries to know the message plainly, the messages ought to be sorted out in a basic language. To guarantee that beneficiaries can without much of a stretch comprehend the importance of the message, the sender needs to impart unmistakably and unhesitatingly so the beneficiary can plainly and unquestionably comprehend the data.>

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