Australian business cycle and the macroeconomic environment
Date Submitted: 09/10/2006 04:09:59
Category: / Social Sciences / Sociology
Length: 9 pages (2581 words)
Category: / Social Sciences / Sociology
Length: 9 pages (2581 words)
Section 1: The Australian Business Cycle
Overview of the Australian economy
The Australian economy over the past 15 years has been relatively stable having the ability to ignore various crises that have effected the world to date, such as the Asian financial crises since 1997-1998, Japans slow growth and the American economies 'dot com' bust. Other things include the employment rates have been at its lowest for 30 years, insignificant amounts of government debt and constant budget surpluses (…
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…July 2005. Accessed 20 September 2005.
<www.rba.gov.au>
Kent C, Smith K & Holloway J. "Declining Output Volatility: What Role for Structural Change? Reserve Bank of Australia: July 2005. Accessed 20 September 2005.
www.rba.gov.au
Lockwood C. "Has he got the ticker: Economist: July 2005". Accessed 20 September 2005. MasterFile Premier. EBSCO host. U of Ballarat Lib, 20 September 2005
Sloman J. & Norris K. Principles of Economics. 1st Edition. French Forest, NSW: Pearson Education Australia, 2004.
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