ECON1012 Principles of Economics and Economic Activity

Task:

As part of this analysis, ensure that you include and focus on the following:
The reasons for the RBA’s decision, including reference to various economic variables and what they indicate about the state of the economy and what policies might be appropriate.
What the policy position, particularly the main position around the cash rate target, means in terms of the RBA’s implementation, and how that is transmitted to impact economic activity.
Evidence is shown of a good understanding of the RBA’s monetary policy objectives 10
Evidence is shown of a good understanding of the RBA’s implementation of monetary policy
Evidence is shown of a good understanding of the transmission of monetary policy to economic outcomes
A good argument is made, based on understanding of economic concepts, of how the economic circumstances have led to the monetary policy decision of the RBA.
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