Problem
Select a current macroeconomic policy issue which affect the operation of government and businesses in the changing global economic phenomenon and paradigm shift (your lecture topics will help to identify various macroeconomic policy issues).
Compare how Australia and one other country (select country from the list below) address the selected policy issue. Outlining your own criteria for assessing each country's response, discuss which is the most effective and why. Utilise appropriate diagrams and theory to support your arguments.
Countries for comparison:
• United Kingdom
• United States
• Sweden
• Japan
• Germany.
The above list has been provided to enable you to select countries with sufficient information to complete the assignment. There is no scope for students to vary from the above list and failure to use a country from the above approved list, or to answer the essay question directly, will result in a fail grade.
Important Notice: A minimum of 12 different references is required for this essay. Be careful using the Internet - it offers information, sometimes wildly inaccurate, while also not necessarily providing a strong critical analysis.