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ECO211 - MACROECONOMICS
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ECO211 Macroeconomics UiTM assignment example Malaysia
In this assignment, you will be working on a Macroeconomics UiTM assignment example. The focus of the project is to analyze and provide an opinion on how Malaysian businesses are changing their business models in light of global economic conditions. In addition, the project will also cover relevant concepts related to Macroeconomics such as supply and demand curves, Keynesian economics, financial stability theory, and international trade.
The objective of this assignment is to develop a model which explains how economic fluctuations in different parts of the world can lead to social unrest and conflict. In order to do so, you will first need to identify five factors that have contributed significantly to regional instability in recent years. After identifying these factors, you will be able as part of your model to consider how policy measures (e.g., tariffs) might be able to mitigate or prevent these problems from becoming more serious.
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In this assignment, you will be working on the Malaysian economy. The goal of this assignment is to learn about different aspects of the Malaysian economy and how it has changed over time. You will also need to answer some questions about Malaysia’s economic situation and future prospects.
Assignment Brief 1: Explain the macroeconomics principles and concepts and theories
Macroeconomics is the study of how economies function and what policies can be used to improve growth. The most important concepts in macroeconomics include demand-side economics, supply-side economics, Keynesianism, and monetarism. Macroeconomic theory tells us that there are many interacting factors that determine economic outcomes and that it is not possible to predict which policy interventions will lead to increased growth or lower unemployment.
Macroeconomics deals with questions such as who makes decisions about economic policies, what factors shape prices, how government intervention affects national income and production, why businesses expand or contract, and how exchange rates change over time. Macroeconomic analysis can be used to answer questions about social stability (e.g., does a recession mean that people are losing their jobs?), public debt management (how should we manage our country’s money in order to avoid future fiscal crises), poverty alleviation (what kind of interventions do we need in order to reach target levels for development?), trade policy (should we open up more countries to competition or maintain current restrictions?), business cycle theory (why do business cycles happen? What causes them?), investment strategies ([How did WWII affect investments],[What Factors Affect Investment]) etc.
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Assignment brief 2: elaborate and relate macroeconomics fundamental and indicators with the current situation.
Macroeconomics is the study of how individual economies interact with one another, and it has a significant impact on social stability. In order to better understand current economic conditions in your area, you will need an understanding of macroeconomic indicators. There are many different types of macroeconomic indicators that can be used to explore market trends, assess public finances, and measure progress or decline in the economy over time.
The current macroeconomic situation is characterized by high levels of debt and deficits, low growth rates, and a number of economic difficulties. The main drivers of the current macroeconomic crisis are speculative bubbles that have developed in various financial markets around the world. These bubbles burst and led to large losses for investors as well as significant job loss and housing market collapse. In order to prevent future depressions, it is important to identify the root causes of these bubbles so that we can address them effectively.
Assignment Brief 3: Apply appropriate measures to solve macroeconomics problem
The solution to the macroeconomics problem usually requires a change in thinking. Many economists believe that the root of the problem is not within national economies but between them and international markets. The cause of this mismatch is often identified as: government spending, interest rates, money supply (currency), productivity levels, and other factors that affect economic performance at different levels of society.
In order to solve macroeconomics problems, it is important that one understands the following:
- A market economy is a system in which goods and services are exchanged between citizens and businesses.
- In a market economy, producers sell their products or services to consumers at prices that reflect their relative merits.
- The main elements of the economic system are people who produce things and people who consume things.
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