Economics Assignment: Macroeconomic Impact and International Trade

This economics assignment, completed for a Bachelor of Applied Management course in January 2018, covers key macroeconomic concepts including CPI, GDP calculation, and real GDP analysis. It delves into the Aggregate Demand and Aggregate Supply (AD-AS) model, exploring shifts in the curves based on various economic scenarios, such as changes in business confidence, household savings, and migration rates. The assignment further examines the impacts of government policies, including monetary policy decisions like interest rate cuts, and analyzes the effects of economic growth on the property market and macroeconomic objectives in New Zealand. The student provides detailed answers to questions and supports the analysis with AD-AS models and graphs, demonstrating a comprehensive understanding of macroeconomic principles and their application to real-world economic situations. The assignment also covers the effects of changes in transfer payments and analyzes the effects of economic growth and monetary policy on the New Zealand economy.