This assignment for the FNSINC601 unit, part of the Advanced Diploma of Accounting, applies economic principles to the financial services industry. It encompasses scenario analysis, including calculations of accounting and economic profit, and the creation of a budgeted income statement. The assignment further explores topics such as market return, beta, and leverage ratios. It also delves into supply and demand concepts, future contracts, and the analysis of inelastic demand. The student addresses various economic factors impacting budgets and financial decisions, providing a comprehensive overview of financial economics within a practical context. The document includes calculations, interpretations, and recommendations based on the given scenarios and financial data.